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Ecopro, Samsung Ink Massive $34 Billion Battery Deal Despite EV Slump

(Bloomberg) Ecopro BM Co. signed a long-term contract with Samsung SDI Co. to provide a key ingredient for electric-car batteries, despite higher interest rates curbing demand for battery-powered vehicles.Most Read from BloombergApple Readies New iPads and M3 MacBook Air to Combat Sales SlumpElon Musk's SpaceX Valued at $175 Billion or More in Tender OfferGlobal Bonds Power Ahead as Dovish Bets Take Hold: Markets WrapKevin McCarthy Leaving House Months After Ouster as SpeakerBiden Says He Mig

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S Korean EV battery makers R&D investment up 12 5% this year

S Korean EV battery makers R&D investment up 12 5% this year
thestatesman.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestatesman.com Daily Mail and Mail on Sunday newspapers.

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S Korean EV Battery Makers R&D Investment Up 12 5% This Year

S Korean EV Battery Makers R&D Investment Up 12 5% This Year
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S Korean battery makers R&D investment up 12 5% in Jan -Sept

South Korean battery makers' combined research and development investment this year has climbed over 12 percent on-year despite a slowdown in global demand for electrified vehicles, industry data showed Sunday. According to latest quarterly reports of LG Energy Solution Ltd., Samsung SDI Co. and SK On Co., their combined R&D investment during the January-September period amounted to 1.78 trillion won ($1.38 .

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S Korean EV battery makers R&D investment up 12 5% this year

South Korean battery makers' combined research and development (R&D) investment this year has climbed over 12 per cent on-year despite a slowdown in global demand for electrified vehicles, industry data showed on Sunday.According to latest .

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