Abstract:

China, Japan, and South Korea currently account for more than 90% of the global power battery market. Since 2020, China's power battery industry has shown a trend of continuous growth, while South Korea and Japan's share of power batteries has continued to decline. With the rapid expansion of the global electric vehicle market, as well as the layout of battery technology and industry in Europe and the US, competition in the global battery industry will become more intense in the future. This paper presents the South Korean and Japanese governments' battery technology and industry development strategies and measures in response to the new competitive situation, as well as the development status of major battery enterprises and automobile enterprises in South Korea and Japan in terms of increasing battery industry and technology investment and expanding the market. This paper examines the trend of battery technology and industry development in South Korea and Japan. The new strategy's implementation will play critical roles in improving domestic battery industry technology, building a battery ecosystem, ensuring supply chain security, and expanding the global market. This paper summarizes China's battery industry's recent national policies, technology, and industrial characteristics, analyzes the impact of new battery strategic initiatives by South Korea and Japan on China, and proposes enlightening and relevant countermeasures and suggestions.

Key words: battery technology, battery industry, battery strategy, South Korea, Japan