A statistical data released by the Korea Trade Association on Sunday (October 8) shows that the battery used in Chinese -made electric vehicles imported from South Korea from January to August this year increased by 114.6%to $ 4.47 billion (below belowThe same, about S $ 6.095 billion), far exceeding the annual import of US $ 3.49 billion last year.
According to the Yonhap, South Korea ’s total imports of electric vehicle batteries this year are US $ 4.63 billion, of which 97%of Chinese production accounts for 97%.During the same period, the export volume of Korean electric vehicle batteries was $ 66 million, which was cut year -on -year.As a result, the trade deficit of electric vehicle batteries was nearly 6 trillion won (about S $ 6.1 billion), which became one of the main deficit.
Yonhap News Agency quoted the analysis of insiders in the industry. The main reason is that more and more Korean car companies choose to use the lithium iron phosphate (LFP) battery in order to reduce product prices.
Industry insiders believe that Korean battery manufacturers such as LG new energy, SK ON, Samsung SDI will also officially start mass production of LFP batteries, but within the "blank period" as of 2026, China produces LFP LFPThe import of batteries will continue to expand.
According to statistics, South Korea imported electric vehicles from China in August of US $ 250 million, an increase of 155.6%year -on -year.These include the relatively low -videos made of Chinese -made LFP batteries made by the Tesla Chinese factory.
