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Chinese Battery Equipment Maker Lyric Robot Expands into Korean Market

Chinese battery equipment maker, Lyric Robot, has expanded into South Korea by establishing a branch office in Dongtan, Gyeonggi-do. This marks the third time a Chinese battery equipment maker has entered the Korean market, following Hangkekejie's joint venture with Vitzro earlier this year and Leading Intelligence's branch establishment in 2018.

Lyric Robot, which deals with equipment for the battery assembly process, including formation equipment, aims to target South Korean battery companies such as LG Energy Solutions, Samsung SDI, and SK On, and is currently in discussions regarding the supply of core battery equipment. The branch office is. . .

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