Korean industry giants bet on battery recycling as global EV market matures, ET Auto
As a result, SungEel HiTech — one of only two battery recycling companies listed on Korea’s tech-heavy Kosdaq — has faced falling profitability and declining free cash flow for two consecutive years. South Korea’s leading industrial players are ramping up their efforts in the electric vehicle (EV) battery recycling sector, reflecting growing expectations that the…
