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Korea to unveil support plan for battery sector this week

Korea to unveil support plan for battery sector this week Posted : 2021-07-05 10:29 gettyimagesbank South Korea s industry ministry said Monday it plans to soon unveil a detailed blueprint to nurture the rechargeable battery sector, with the goal of the country taking the lead in the segment. We plan to spare no efforts to develop technologies for rechargeable batteries and foster businesses in the field of materials, parts and equipment, Industry Minister Moon Sung-wook said during his visit to a production line of Samsung SDI Co. in the southeastern city of Ulsan. Over the first half of 2021, South Korea s exports of rechargeable batteries advanced 24.1 percent to $4.3 billion.

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