Korean battery makers adapt to falling US BEV demand
US automakers announce huge restructuring charges to cut BEV exposure.
08 April 2026
08 April 2026
US automakers announce huge restructuring charges to cut BEV exposure.
The action covers certain 2021–2023 Lincoln Navigator and Ford Expedition models, along with 2022–2023 Ford Super Duty trucks.
The collaboration centres on integrating BMW’s sixth-generation eDrive (Gen6) technology into the BMW 7 Series Sedan.
The new electric pickup is built on the existing Intra platform, combined with a dedicated electric architecture.
The battery maker reported revenue for the period at Won6.55tn, alongside an operating loss of Won207.8bn.
Rebound in Japan offset by weaker overseas production.
Slight increase in Japan more than offset by lower overseas sales.
The vehicle market increased moderately from weak year-earlier levels.
Merging industry-leading business intelligence & award-winning journalism, this is an unrivalled opportunity for engagement with B2B professionals across a network of 40+ leading media websites.
Steer your business strategy with key data and insights from our latest market research reports and company profiles. Not ready to buy? Start small by downloading a sample report first.
Give your business an edge with our leading industry insights.