https://archive.md/zkl7S
"A South Korean city home to one of the world’s biggest steelmakers is betting
its manufacturing expertise, billions of dollars in investments and government
incentives can help it dominate a 21st century industry: electric vehicle
batteries.
Companies in the southeastern hub of Pohang — famous for Posco Holdings Inc.
steel mills and one of the country’s elite universities — are aggressively
building out EV battery campuses as automakers hurry to find reliable suppliers
outside China. Three South Korean giants in the global battery market — LG
Energy Solution Ltd., Samsung SDI Co. and SK On Co. — have promised 40 trillion
won ($31 billion) in domestic investments with their local suppliers.
It’s a welcome development for both the city and the country, where the world’s
lowest birth rates and an aging population are a long-term threat to economic
growth."
Via
Future Crunch:
<
https://futurecrunch.com/good-news-heart-united-states-democracy-uruguay-nature-rights-ecuador/>
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
