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Expectations for secondary battery stocks are soaring sky-high.
Along with the surge in stock prices of the U.S. electric vehicle manufacturer Tesla, environmental regulations such as carbon dioxide restrictions in the European region are being strengthened, leading to forecasts of a surge in electric vehicle production.
According to predictions that the production volume of secondary batteries, the core component of electric vehicles, will also surge, the stock prices of related companies are steadily rising.
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Additionally, news that the battery supply volume of Korea's top three battery companies has all entered the global top 10 is shaking shareholders' confidence.
In particular, among related stocks, this company supplying EV battery materials received an investment of 120 billion KRW from Samsung SDI, causing its stock to rise for six consecutive trading days and surge over 50%.
Electric vehicle supply is expected to steadily expand in the future, and demand for high-capacity batteries is also expected to increase, so the more than 50% surge in related stocks is just the beginning.
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Jeon Jeong-hyun, an expert at the securities specialized broadcast ITBC Stock, predicted, "Domestic secondary battery companies are currently undervalued by about 40% compared to overseas companies. As profitability improves, it is certain that they will rise more than 10 times in the future."
Meanwhile, ITBC Stock, a securities specialized broadcast, is distributing information on secondary battery stocks expected to surge through the link below.
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Stocks of interest: Welcron, YBMnet, Motrex, ZenenBio, JooyeonTech
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