South Korean battery companies perform steadily in the global power battery installation ranking

Among Korean battery companies, LG Energy Solution, Samsung SDI and SK On ranked third, fifth and sixth in the global power battery installed capacity, with installed capacity of 21.7GWh, 8.4GWh and 7.4GWh respectively. Among them, the installed capacity of LG Energy Solution and Samsung SDI increased year-on-year, while the installed capacity of SK On fell by 8 percentage points year-on-year.