The South Korean telecom company faces challenges compared to its competitors such as LG and Samsung SDI.

These companies’ investments have also decreased due to their lag in the global battery technology development race, which has led to them offering generous price conditions to their customers.

Despite the slowdown in the transition to electric vehicles, Bosch stressed that this shift cannot be avoided.

Bosch expressed its confidence in the comprehensive ability of the SK Group to provide the necessary support to the South Korean Telecommunications Company to face the current challenges and ensure the stability of its future in the long term.