<Anchor> As the



rechargeable battery and K-battery manufactured by our company leads the global market, the market size continues to grow. In particular, the EV battery market is expected to grow 5 times in 5 years and 10 times in 10 years. However, this year, Chinese companies have taken the lead in global EV battery market share, and the technology gap has been narrowing. In addition, the United States and Europe are poised to jump into the battery industry one after another by promoting their own industries.



Reporter Han Sang-woo reports on the strategy of our industry and the government to respond to these threats.



<Reporter>



China's battery makers, led by CATL, are making progress due to the vast domestic market and the supply of cheap materials.



Japan has a strong point of source technology, and recently, European battery makers are aggressively investing.



The three K-battery companies are working hard to target the U.S. market, where the Biden administration is driving the development of electric vehicles.



LG Energy Solution established a joint venture with GM of the United States, SK Innovation began construction of a plant in Georgia, and Samsung SDI is expected to decide to invest in the United States soon.



[Kang Dong-jin / Senior Researcher, Hyundai Motor Securities: Next-generation technology, next-generation material, and technology gap widening, if we make (effort) we can gain an edge in the market, especially in the U.S. market under the U.S.-China trade dispute. When you look at it, there is a part where you can be even more ahead... .]



The government and industry have focused on public-private capabilities to overcome various challenges surrounding rechargeable batteries.



By 2030, the three K-battery companies will invest 40.6 trillion won, of which 20 trillion won will be spent on R&D.



The government has decided to provide a tax credit of 40-50% for R&D and up to 20% for facility investment.



Our goal is to quickly commercialize next-generation secondary batteries such as lithium sulfur batteries, all-solid-state batteries, and lithium metal batteries.



We also train more than 1,100 professionals every year.



[Tough Castle / industry usually Ministry of Industrial Policy implementation: with strong manufacturing and production technology and R & D capabilities will further grow, complementing the raw material ensure the necessary and material supply chain is private sector is prepared to measures co -



but battery The high dependence on China for cathode materials, which is the core material, is very weak in profitability, and how much can we secure a supply chain for imported minerals related to secondary batteries such as lithium, nickel, and cobalt are issues that need to be solved.



(Video coverage: Kang Dong-cheol, video editing: Choi Jin-hwa)