SEOUL/FRANKFURT, Germany -- South Korean producers of lithium-ion batteries are looking to develop new markets in Europe and the U.S. as fierce competition and regulatory restrictions hamper their growth in China, the world's largest electric-vehicle market.
Business trends
South Korean battery makers look beyond China for growth
SK Innovation and LG Chem add plants to supply Europe and US
SK Innovation looks to open three new plants for lithium-ion batteries by 2022, all supplying the U.S. or Europe.
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