South Korea's Ministry of Trade, Industry and Energy announces a new five-year R&D program investing about 4 trillion won, with battery companies planning to invest around 8 trillion won through 2030

According to Maeil Business Newspaper, South Korea's Ministry of Trade, Industry and Energy launches a new 5-year R&D program with about 400 billion won in funding, and battery companies plan to invest about 8 trillion won through 2030. The roadmap was unveiled at a meeting in Seoul with LG Energy Solution, Samsung SDI, SK On and major material suppliers such as POSCO FutureM, L&F, and EcoPro BM. The government and industry will pursue next-generation battery technologies, including sodium-ion and solid-state batteries, and strengthen collaboration from 2026 to 2030.