South Korea's "Big Three" in batteries have increased their R&D investment, but compared to CATL's research and development expenditure in China, there is still a gap, which has raised concerns about the gap in battery technology between South Korea and China.
1. R&D Investment
In the first quarter of 2024, the total R&D expenses of the three South Korean companies amounted to 742.1 billion Korean won, while CATL's R&D investment was 93.51 billion Korean won, which is 1.26 times the total of the three South Korean companies.
2. R&D Trend
The R&D investment of the South Korean Big Three shows an upward trend, while CATL's R&D investment is also growing, and its R&D funds have always been ahead of those of the South Korean Big Three.
3. Technology R&D
The South Korean Big Three are committed to developing next-generation battery technologies, such as all-solid-state batteries and dry processes, while strengthening cooperation with domestic and international research institutions.
Original article: https://www.toutiao.com/article/1833908816735428/
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