Tag: automarkers
8
Jan
REFILE-FOCUS-Recharge: LG and Samsung take heart as China flags more open car battery market
SEOUL/BEIJING, Dec 20 (Reuters) – For automotive battery makers LG Chem Ltd and Samsung SDI Co Ltd , the Chinese market has begun to offer promise after painful loss-making investments. The reason for their hardship: a government list of recommended battery suppliers published three years ago that became linked to generous car subsidies and did not include foreign firms. Since
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