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SK On, EcoPro Materials and GEM to build battery precursor plant in South Korea

Green Car Congress

SK On will partner with Korea’s largest cathode material company EcoPro, and Chinese battery materials producer GEM to build a battery core material production facility in Saemangeum, South Korea. SK On has been actively building various cooperative relationships to strengthen the raw material supply chain.

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SK IE Technology to supply separators for EV batteries to Sunwoda

Green Car Congress

This marks SKIET’s first large-scale supply of EV battery separators to a Chinese EV battery manufacturer. In addition, they plan to build a mid-to-long term strategic cooperative relationship in the Chinese electric vehicle market. SKIET has factories in South Korea, China, and Poland.

Supplies 199
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Green Power licenses WiTricity technology to build wireless chargers for South Korean EV market

Green Car Congress

WiTricity, a pioneer in wireless power transfer over distance, has entered into licensing and technology transfer agreements with Green Power, a leading South Korea-based supplier of power electronics and high power wireless charging systems for various applications.

Green 170
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Wanxiang and GreatPoint Energy close $1.25B deal for 1 Tcf/year coal-to-natural-gas plant in Xinjiang; Sinopec to purchase output, building pipeline to east

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GreatPoint Energy and China Wanxiang Holdings have officially closed their investment and partnership agreement which was highlighted during an official signing ceremony between senior US and Chinese government officials in 2012. As part of the transaction, GreatPoint Energy has raised equity investment and secured project funding of $1.25

Coal 225
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Axion International signs LOI to form global JV with Sicut Holding to target $8B railroad tie market with recycled structural composites

Green Car Congress

Axion International, a leading producer of industrial building products and railroad ties made from 100% recycled plastic ( earlier post ), has signed a non-binding Letter of Intent (LOI) with Sicut Holding Limited (previously Micron Inc.

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Rystad Energy: Synthetic graphite key to meeting battery demand surge, despite ESG concerns

Green Car Congress

Rystad Energy’s projections on synthetic graphite growth run contrary to the prevailing market view, but the data—the first comprehensive review conducted in years—has been supported by the largest cell manufacturer, anode manufacturer and an influential Chinese research house. million tonnes last year.

Energy 195
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BYD will challenge Hyundai and Kia with low-cost EVs launching in South Korea

Baua Electric

China’s leading EV maker is set to drastically shake up the South Korean auto market. BYD officially announced plans to launch in South Korea with its low-cost EVs poised to challenge Hyundai and Kia on their home turf. On BYD’s Korea website, there is now a message saying “Hello Korea, Coming Soon.” million won).