Can demand for U.S. ESS help Korean battery makers weather EV headwinds?
PositiveFinancial Markets

The demand for U.S. energy storage systems (ESS) is providing a lifeline for Korean battery manufacturers facing challenges in the electric vehicle (EV) market. As global demand for EVs continues to fluctuate, these companies are looking to diversify their offerings and tap into the growing ESS sector. This shift not only helps stabilize their revenue streams but also positions them strategically in a rapidly evolving market, making it a significant development for the industry.
— Curated by the World Pulse Now AI Editorial System