Document Type
Article
Abstract
This article employs a techno-econo-legal approach to analyze the potential “coopetition” (i.e., cooperation between competitors) between China and South Korea in the electric vehicle (EV) energy market. The investigation assesses a wide range of techno-econo-legal factors, including battery capacity, energy density, innovation, production capacity, and legal considerations. These legal considerations encompass intellectual property rights, trade practices, and environmental regulations. The central argument of this analysis posits that while South Korea holds an advantage in technological innovation, China’s superior production capacity and governmental support present significant challenges. The relative success in this domain relies not only on technological proficiency and resource availability but also on the techno-econo-legal frameworks and legal systems governing these two nations. This distinction reflects the diversity between the Global North and the Global South countries. Additionally, the choice between Nickel-Cobalt-Manganese (NCM) and Lithium-Iron-Phosphate (LFP) batteries is a significant factor for these two competing nations. The article provides recommendations for adopting a coopetition strategy as a policy measure, which aims to promote equitable cooperation, moderated competition, and sustainable development in the global EV battery industry.
Recommended Citation
Hung, Alvin Hoi-Chun
(2024)
"Exploring "Coopetition" in the Electric Vehicle Energy Market: An Analysis of the EV Battery Competition between China and South Korea,"
South Carolina Journal of International Law and Business: Vol. 20:
Iss.
2, Article 5.
Available at:
https://scholarcommons.sc.edu/scjilb/vol20/iss2/5
