Technical FAQs 4

Why did the US import EV batteries from Korea?

The United States imported a record volume of EV batteries from Korea in the first six months of the year, marking a quadruple-digit on-year surge, as it seeks to reduce reliance on China amid ongoing tariff rows.

Why do Korean batteries rely on China?

Korean battery producers rely heavily on China for materials. China provides 96.6 percent of Korea’s precursor cathode materials, 93.7 percent of its synthetic graphite, and 80.4 percent of its lithium hydroxide. This heavy reliance exposes the country to supply disruptions, price fluctuations, and geopolitical risks.

Which country imports the most EV batteries?

Of total U.S. EV battery imports, China accounted for 38.1 percent during the January-June period, far from its 72 percent claim last year, while Korea’s share surged from just 0.73 percent a year ago to 13.1 percent.

What challenges do Korean battery producers face in Europe?

Korean battery producers also face challenges in Europe. The EU battery law, which focuses on sustainability concerns, establishes an EU “battery passport.” It will take effect in 2027 for all industrial batteries with a capacity exceeding 2 kWh.

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