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🟠 Trump Arrests 300 South Koreans. What Now?

Reading time: 4 min 49 sec

September 08, 2025

☕️ Good morning, friends,

Last Friday, we proved once again that we’re only human. You ended up with a colorful jumble of German and English in your inbox…

Now we’re wondering whether we should apologize for it or just claim we were doing our bit for international understanding.

Take your pick.

P.S. Our intern Jakob is a little smitten with a Chinese pole vaulter who not only jumps especially high but also looks especially good doing it…

BENCHMARKS

Index Price 24h % YTD % 52W-H
🇩🇪 DAX23,596.98-0.73+17.8424,639.10
🇺🇸 NASDAQ21,700.39-0.03+12.5521,878.81
🇰🇷 KOSPI3,205.12+0.13+33.613,288.26
🇯🇵 Nikkei43,018.75+1.03+9.4443,876.42
🇭🇰 Hang Seng25,417.98+1.43+29.5325,918.86
🇨🇳 Shanghai3,812.51+1.24+16.863,888.60
Last updated on 08 Sep 2025 at 6:00 AM (GMT+8)

NUMBER OF THE DAY

13 billion USD

That’s how much global market leader CATL is investing in three European battery plants.

🏭 Expansion After Northvolt’s Collapse: 90% of European carmakers are CATL customers, and a new Europe-specific “Shenxing Pro” cell with a 758 km range is hitting the market.

🔋 Costly But Necessary: Production in Europe costs 50% more than in China, but EU tariffs and customer proximity force localization. Planned capacity: 164 GWh.

Watch: The European market offers strong growth potential, with the electrification rate there at only about 25%, while China has already surpassed 50%.

TOP Battery Cell Manufacturers Worldwide
Battery capacity installed in electric cars by manufacturer 2024 in gigawatt-hours
Manufacturer
Country of origin		Capacity
in GWh		Market share
in percent
CATL
China
339.3
37.9%
BYD
China
153.7
17.2%
LG Energy
South Korea
96.3
10.8%
CALB
China
39.4
4.4%
SK On
South Korea
39.0
4.4%
Panasonic
Japan
35.1
3.9%
Samsung SDI
South Korea
29.6
3.3%
Gotion
China
28.5
3.2%
EVE
China
20.3
2.3%
Sunwoda
China
18.8
2.1%
Others
—
94.3
10.5%
Total894.4 GWh
Source: HANDELSBLATT • SNE Research

TOP BIT

🚨 Seoul Brings Workers Home from Georgia

MAGA: More Burgers, Less Kimchi

After the mass raid at Hyundai in Georgia, Seoul reached an agreement with Washington for the release of more than 300 detained South Korean workers and announced a charter flight. A total of 475 people were taken into custody during the operation, most of them South Koreans. It is the largest labor investigation of Trump’s second term and a stress test for relations between the allies.

The Details

🧭 Target of the Raid: Authorities focused on the …

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