The utilization rate of the factories of the three major power battery manufacturers in South Korea has dropped year-on-year

It is reported that due to the decline in demand for electric vehicles, the factory utilization rates of South Korea's three major power battery manufacturers LG Energy Solution, Samsung SDI and SKOn have all declined year-on-year. LG Energy Solution's factory utilization rate fell from 69.3% in the same period last year to 57.4%, of which the capacity utilization rate of the Polish factory was about 50%. SKOn's average battery business utilization rate also dropped sharply from 96.1% in the same period last year to 69.5%.