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Japan maintains an absolute advantage in the US market with 161502 (77%) of lithium-ion car battery sales. Another interesting point is that Sanyo Electric and LG Chemical alone account for nearly 3/4 of the market share. Among them, Sanyo Electric dominates half of the lithium-ion vehicle battery market in the United States, and LG Chemical has a market share of nearly 1/4. The above data once again indicates that Japan has had a more significant advantage in the lithium battery market competition with South Korea over the past two years, and its leading position is likely to continue to consolidate in the next three years.

Recently, TSLA announced that Panasonic plans to supply approximately 2 billion lithium-ion car batteries to it in the future, which may bring Panasonic revenue of up to $7 billion; AESC is also expected to significantly increase its supply of lithium batteries to Nissan. In addition, Japan's Leafs electric vehicle recently opened a factory in Michigan, USA.

In this context, it remains to be discussed whether South Korea can maintain its leading position in the current global lithium battery market in the future. On the one hand, electric vehicles will gradually replace electronic products as the largest source of demand for lithium batteries before 2017, and Samsung [Weibo] will be affected by this trend; On the other hand, both General Motors and Hyundai have not shown any signs of significantly increasing demand for lithium batteries in the near future, and LG Chemical will be affected by this.

Admittedly, LG Chemical is likely to supply lithium batteries to General Motors Volts plug-in hybrid vehicles, and Hyundai has announced that it will soon launch all electric vehicles. However, these are overshadowed by General Motors and Hyundai's decision to commercialize fuel powered lithium battery electric vehicles in the US market from 2014 to 2015.

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