Credit to Author: Paul Fosse| Date: Sat, 24 Aug 2019 05:57:48 +0000
In this article, I want to discuss Tesla’s potential to grow in the Asian market. Everybody knows China is a huge opportunity since it is both the largest auto market in the world and it seems to get pretty good support from the government, which seems to be trying to address the air pollution issue in the country, but I wanted to look at the size of all the rest of Asia
Credit to Author: Zachary Shahan| Date: Thu, 22 Aug 2019 04:07:25 +0000
South Korea is an interesting case in “Electric Vehicle World.” LG Chem, probably the most notable EV battery company not connected to Tesla, is based there. It seems like LG Chem has battery contracts with every single automaker (it might be more like 60%). SK Innovation and Samsung SDI, medium-sized battery producers, also call Korea home. And then there are Hyundai and Kia, or Hyundai–Kia if you combine them due to their intertwined investment structure. These large automakers have produced highly acclaimed electric vehicles, but they struggle to produce a large number of them — or just don’t care to do so