Core Insights - The demand for square batteries is increasing among global automakers, with companies like BMW, Mercedes-Benz, and Volkswagen expanding their usage, and Tesla reportedly planning to source from South Korean manufacturers [1] Group 1: Market Trends - The share of square batteries in the global power battery market is projected to rise from over 50% in 2021 to 77% by 2024, according to SNE Research [1] Group 2: Company Developments - Samsung SDI is enhancing its existing advantages by introducing new technologies such as thermal diffusion prevention and Cell to Pack [1] - LG Energy Solution is collaborating with General Motors to develop square batteries, with plans for application in GM's large SUVs and pickups by 2028 [1] - SK On has completed the research and development of square batteries [1]