The growth in the automotive sector and rising governmental concerns toward greenhouse gas emissions, have led to the increased demand for rechargeable batteries in the country. LG Chem, Samsung SDI, and SK Innovation are among the leading South Korean battery manufacturers that have planned for a combined investment of XX trillion Won by 2020. They have also announced the break-up of this investment, wherein one fifth would go to the R&D, and the remaining would be utilized for the expansion of