Remove Building Remove Companies Remove South Korea
article thumbnail

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. The three companies together will spend up on 1.21

article thumbnail

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.

article thumbnail

Hyundai and Cummins form JV to build MidRange engines in South Korea

Green Car Congress

have formed a 50/50 joint venture partnership to manufacture MidRange engines in Korea extending from 150 hp to 300 hp (112-224 kW) output for application in a wide range of Hyundai construction and industrial equipment. The launch of the Hyundai Cummins Engine Company (HCEC) joint venture took place in Ulsan, Korea. liter to 8.9-liter

article thumbnail

Volvo Cars inaugurates new battery assembly line at Ghent manufacturing plant

Green Car Congress

Volvo Cars formally inaugurated a new battery assembly line at its Belgian manufacturing plant in Ghent, where it will start building its first fully electric car, the XC40 Recharge P8, later this year. Last year, Volvo Cars signed long-term supply agreements with two leading global battery suppliers, CATL of China and LG Chem of South Korea.

Volvo 530
article thumbnail

SK Innovation to build $1.67B EV battery manufacturing plant in Georgia

Green Car Congress

South Korea-based SK Innovation, a developer of lithium-ion batteries for electric vehicles, will invest $1.67 billion to build a new electric vehicle (EV) battery manufacturing plant in Georgia. SK Group has been building relationships within the United States for decades.

Georgia 285
article thumbnail

LOTTE Chemical, LOTTE Aluminum to build $238.7M cathode foil plant in Kentucky

Green Car Congress

LOTTE Chemical announced a joint venture with LOTTE Aluminium to build a manufacturing facility in Elizabethtown, Kentucky to produce 36,000 tons of cathode foil, a type of ultra-thin aluminum foil that is a core material used in EV batteries. Cathode foil is one of the four major components of lithium-ion batteries.

Kentucky 321
article thumbnail

MORAI to unveil cloud-based autonomous driving simulation technology at CES 2022

Green Car Congress

MORAI , a developer of full-stack autonomous driving simulation technology, will unveil MORAI SIM Cloud, which uses the cloud to build a myriad of simulation environments without hardware restrictions and enable simultaneous testing, at CES 2022. In 2021, the company has raised around two billion KRW (US$1.7