According to media reports, South Korea's three major battery manufacturers, LG Energy Solution, Samsung SDI and SK On, will have a backlog of more than 1,000 trillion won in orders this year. According to SNE Research, a market research company specialising in electric vehicles and batteries, the order backlog of three South Korean battery companies was 700 trillion won in September 2022, and it is expected to exceed 1,000 trillion won this year. These orders are expected to be delivered by 2030.
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