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BYD to face Tesla in new market [Feature]

Teslarati

BYD will be facing Tesla in a new market: South Korea. The Chinese automaker recently announced it would enter South Korea’s passenger car market next year. On Wednesday, November 13, BYD’s Korean sales subsidiary—BYD Korea—announced it “completed review to release passenger car brands in the domestic market.”

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POSCO breaks ground on nickel and battery precursor production plants in South Korea – Charged EVs

Baua Electric

South Korean steel manufacturer POSCO Holdings and Chinese battery precursor producer CNGR have started construction of nickel and precursor production plants for secondary batteries in Pohang, South Korea. POSCO Future M plans to use these precursors to manufacture cathode materials, optimizing its internal supply chain.

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WiTricity signs first South Korean licensee for wireless charging technology for EVs

Green Car Congress

WiTricity, the industry pioneer in wireless power transfer over distance, has entered into a technology licensing agreement with Yura Corporation, a leading South Korea-based automotive Tier 1 supplier. Yura is a global supplier of a wide range of automotive parts for conventional vehicles and xEVs.

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LG Energy Solution raises about $10.6 billion in South Korea’s biggest IPO to date

Teslarati

It is now the third-most valuable company in South Korea after Samsung Electronics Co Ltd (005930.KS) KS), according to The Korea Times. LG Energy Solution’s IPO is the largest equity fund raising in South Korea since Alibaba raised $12.9 LGES priced its IPO at 12.8 trillion won ($10.7

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Study links increased black carbon pollution to increase in cases of lung adenocarcinoma worldwide

Green Car Congress

An international team of scientists, led by NTU Singapore, has linked increased air pollution to an uptick in cases of lung adenocarcinoma (LADC) worldwide. This study, done in collaboration between NTU and the Chinese University of Hong Kong, showed that a 0.1 LSCC is often linked to a history of smoking. micrograms per cubic meter (?g/m

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Study: ozone levels higher across China than in other countries tracking the air pollutant

Green Car Congress

In China, people breathe ozone-laden air two to six times more often than people in the United States, Europe, Japan, or South Korea, according to a new international study published in Environmental Science & Technology Letters. Note that ozone in Beijing today is comparable to Los Angeles in the 1990s.

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BMW CEO says Europe needs to cancel the 2035 gas-engine ban

Baua Electric

BMW already contracts with China’s CATL, as well as South Korea’s Samsung SDI. In addition to batteries, there’s concern in Europe that Chinese EVs themselves will pose a competitive threat to local companies.

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