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SES expands in South Korea to facilitate commercialization of Li-metal batteries

Green Car Congress

Boston-based SES AI Corporation, a developer of high-performance lithium-metal (Li-Metal) rechargeable batteries for electric vehicles and other applications, has incorporated its subsidiary SES Korea and plans to build a pre-production facility in South Korea. It’s all about speed and winning the race.

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EV ‘phobia’ allegedly grips South Korea, leading to price cuts

Teslarati

Electric vehicle (EV) phobia is allegedly gripping customers in South Korea after an electric Mercedes-Benz caught fire. Auto dealers for foreign brands plan to cut retail prices by around 30% for new buyers. Around 30 vehicles under foreign brands will offer at least a 20% discount.

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South Korea EV registration jumps in 2022

Teslarati

The Ministry of Land, Infrastructure, and Transport in South Korea has announced that EV registrations in the country have jumped by 72.7% Most notably, electric vehicle registrations jumped by 72.7% YoY, while hydrogen vehicle registrations increased by 54.3%, and hybrid vehicle registrations increased by 29.6%.

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Hyundai expands EV investment to parts and chips

Teslarati

Hyundai Mobis expanded its electric vehicle (EV) investments to auto parts and chips. Hyundai Mobis is Hyundai Motor Group and South Korea’s leading auto parts maker. Hyundai Motor Group is also investing in the development of materials to enhance EV performance.

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Hyundai Motor, LGES complete building EV battery plant in Indonesia – ET Auto

Baua Electric

The group’s separate car manufacturing plant in Indonesia plant will begin mass production of the KONA Electric EV starting this month using battery cells produced by HLI Green Power, Hyundai said. in Indonesia, allowing the South Korean automotive giant a fully-integrated EV production system in the Southeast Asian nation.

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Kia officially opens its first EV-only plant to build low-cost EV3, EV4 electric vehicles

Baua Electric

Kia held an opening ceremony for its first EV-only plant, “EVO,” as it looks to establish itself as a leading electric vehicle maker. Kia’s new low-cost EV3 and EV4 models are the first electric cars scheduled for mass production. Kia held the completion ceremony on Friday at Autoland Gwangmyeong in South Korea.

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Hyundai Mobis to expand investment in EV parts, automotive chips – ET Auto

Baua Electric

New Delhi: Hyundai Mobis , South Korea’s leading auto parts maker, has said it plans to boost its investment in electric vehicle (EV) parts and automotive chips this year. Hyundai Mobis is considering investing not only in startups but also in listed companies, he added.

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