- Registration date2025-10-31
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Attached file
Press Release_MOTIR_Korea’s Battery Industry Aims for Recovery and Renewed Growth.pdf [131.4 KB]
Vice Minister Moon Shin-hak of the Ministry of Trade, Industry and Resources (MOTIR) attended the 5th Battery Industry Day ceremony held on Thursday, October 30, 2025, at Josun Palace Seoul. Established to recognize achievements in the battery industry and foster unity among its members, the event marked its fifth anniversary this year. Over 250 participants attended—including Vice Minister Moon; People Power Party lawmaker Kim Sung-won; Kim Dong-myung, Chairman of the Korea Battery Industry Association and CEO of LG Energy Solution; and Choi Joong-kyung, Chairman of the Korea-America Association—as well as other industry leaders and awardees.
During the ceremony, 20 individuals received government commendations, including the Silver Tower Order of Industrial Service Merit and the Industrial Service Medal, in recognition of their contributions to the development of the battery industry. This year’s Silver Tower Order of Industrial Service Merit was awarded to Park Zin, Executive Vice President of Samsung SDI, for his leadership in advancing long-life and high-power battery technologies for electric vehicles and improving safety standards for energy storage system (ESS) batteries.
In his congratulatory remarks, Vice Minister Moon noted that Korea’s rechargeable battery industry is facing challenges such as slowing EV demand and risks in the critical minerals supply chain. He emphasized the need to develop breakthrough technologies, diversify supply chains, and create new markets to achieve renewed growth. He affirmed, “The government will provide full support to ensure Korea’s rechargeable battery industry emerges stronger and achieves new growth after overcoming this difficult period.”