Exploration Planning [Straight] ‘Ali-Temu’s raid, Korean economy with innovation engine shutting down’
2024-03-10 14:11:05
The Korean distribution market, which had been a battleground for innovation due to competition for the lowest price and early morning delivery, suddenly became under attack by Chinese innovative companies.
We covered the logistics speed of arriving in just a few days even though it is purchased directly from overseas, and how the strategy of selling at a lower price than the low price was possible.
Ternary batteries with good performance are still superior, but Chinese companies are using a strategy of combining inexpensive LFP batteries with Chinese electric vehicles.
As Tesla, the leader in electric vehicles, also adopts LFP batteries, Korean companies appear to be falling behind in international standards.
