Teslarati

NOVEMBER 26, 2024

Kia and Hyundai are unfazed by BYD’s electric vehicles launching in South Korea. Earlier this month, Chinese automaker BYD announced it would enter South Korea’s passenger car market in 2025. BYD entered South Korea’s commercial car market in 2016 but has yet to launch a passenger car there.

South Korea 82

South Korea Kia Hyundai BYD 82

Teslarati

MARCH 10, 2025

Tesla China and BYD competition is reportedly tipping toward the Chinese automaker. While Tesla’s market share in China has been evening out, BYD’s has steadily risen. The Chinese automaker also offers local customers fully electric and hybrid offerings. However, Musk might not be that much of a factor.

BYD 79

BYD South Korea Tesla United Kingdom 79

Electrek

JANUARY 22, 2022

Chinese automotive giant and Volvo/Polestar parent company, Geely, has signed an agreement with the French Renault Group to launch a new collaboration intended to bring fuel-efficient hybrid electric cars to South Korea, as well as export sales into other Asian markets.

South Korea 145

South Korea Market Volvo Cars 145

Green Car Congress

JULY 9, 2011

Ltd) to establish a global joint venture to capitalize on the world-wide railroad tie market through the manufacture and sale of Recycled Structural Composite (RSC) ties/sleepers utilizing their respective geographic licenses from Rutgers University. The joint venture will be 65% owned by Axion and 35% owned by Sicut.

International 186

International Global Market South Africa 186

Electrek

DECEMBER 31, 2024

BYD will officially launch some of its most popular EVs in another overseas market in just a few weeks. The Chinese EV giant is now looking to break into South Korea, a market dominated by automakers like Hyundai. Can BYDs low-cost EVs break Hyundais grip in the region?

BYD 124

BYD South Korea Market Low Cost 124

Green Car Congress

FEBRUARY 26, 2014

The fast-growing semiconductor market for China’s automotive industry is set for double-digit expansion in revenue this year, propelled by an increasing desire among Chinese car buyers for added vehicle safety features and helpful infotainment applications such as car navigation, according to a new report from IHS Technology (NYSE: IHS).

China 199

China 2014 Market South Korea 199

Green Car Congress

JANUARY 20, 2015

Growing demand for electric vehicles (EVs) in China is triggering an explosion of investment in the lithium-ion battery industry, with China’s production of power lithium-ion batteries set to jump 400% by 2017, according to market research firm CCM.

Li-ion 150

Li-ion Lithium Ion 2017 South Korea 150

Green Car Congress

JULY 13, 2010

South Korea will invest up to 15 trillion won (US$12.4 As of 2009, South Korean, Japanese and Chinese companies controlled 95 percent of the global production with Japan’s Sanyo holding onto 20 percent of the market followed by Samsung SDI Co. and LG Chem Ltd. controlling 19 percent of worldwide production each.

Recharge 210

Recharge Li-ion South Korea Batteries 210

Teslarati

NOVEMBER 21, 2022

The Ministry of Land, Infrastructure, and Transport in South Korea has announced that EV registrations in the country have jumped by 72.7% South Korea has not seen the EV boom of the Chinese car market , more closely resembling the Japanese market, where electric vehicles have yet to catch on.

South Korea 68

South Korea Chinese Hydrogen Gas-Electric 68

Green Car Congress

FEBRUARY 1, 2013

The move, making Daimler the first non-Chinese automotive company to take a stake in a Chinese OEM, deepens an existing strategic partnership. It is also significant so that both companies can actively participate in the opportunities of the Chinese automotive market.

Motors 247

Motors Motoring Motor Mercedes 247

Teslarati

NOVEMBER 13, 2024

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. BYD entered the South Korean market in 2016 with commercial vehicles like buses, forklifts, and trucks.

BYD 96

BYD South Korea Market Tesla 96

Green Car Congress

OCTOBER 23, 2019

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. —Jung G. Cho, CEO of Green Power.

Green 170

Green Power Powered Market 170

Green Car Congress

MAY 3, 2023

SK IE Technology (SKIET) signed an MOU with Sunwoda , the 9 th largest battery manufacturer in terms of global market share (according to SNE Research in 2022), to strengthen cooperation in supplying battery separators. This marks SKIET’s first large-scale supply of EV battery separators to a Chinese EV battery manufacturer.

Supplies 199

Supplies Batteries Battery South Korea 199

Green Car Congress

DECEMBER 4, 2019

China continues to be the leading country for e-mobility in terms of industry and market, according to the E-Mobility Index 2019 from fka GmbH and Roland Berger GmbH. Chinese vehicles are improving significantly and becoming safer and more efficient. Japanese manufacturers are placing few new all-electric vehicles on the market.

All-Electric 195

All-Electric China South Korea France 195

Green Car Congress

JULY 14, 2012

China-based and -focused CCID Consulting estimates that the China passenger vehicle market will need at least 1.802 million tons of aluminum sheets annually, assuming that aluminum replaces 15% of the steel used in automobile manufacturing by 2015. Specifically, CCID says, aluminum sheets for automobile body will be the most promising sector.

Automobile 244

Automobile Automobile Manufacturer China South Korea 244

CN EV Post

MARCH 30, 2023

CATL and BYD remained the top two players in the global EV battery market in the first two months, with the former's share remaining stable and the latter rising. percent from the previous year, according to data released today by South Korean market research firm SNE Research. GWh, up 39.0 GWh, up 39.0 percent a year ago.

BYD 143

BYD Global Market Batteries 143

Green Car Congress

MAY 7, 2018

Japanese companies accounted for 70% of the global automotive battery market in 2013, but they are being challenged by China and South Korea. Chinese companies expanded their combined global share to 26% in 2016 from just 3% in 2013. For the time being, it is targeting a more modest range of 550 km (342 miles) by 2025.

Japan 207

Japan South Korea Batteries Battery 207

Green Car Congress

JUNE 22, 2017

The consultancy says that China will dominate both the market and the industry in the foreseeable future. The index assess the relative competitive position of the seven leading automotive nations (Germany, France, Italy, the US, Japan, China and South Korea) on the basis of three key indicators: technology; industry; and market.

China 150

China Industry Industrial Market 150

Green Car Congress

FEBRUARY 6, 2012

High-power, high-capacity, high-energy-density LIBs have potential for numerous applications, including tablets and vehicles, the two main uses that are propelling the current LIB separator market. To support full-scale commercialization, Teijin has established a separator manufacturing company in Asan, South Korea called Teijin CNF Korea Co.,

Li-ion 231

Li-ion Commercial South Korea Carbon Fiber 231

Teslarati

JANUARY 10, 2022

South Korea-owned LG Energy Solution, which currently stands as the world’s second-largest electric vehicle battery maker after China’s Contemporary Amperex Technology (CATL), is looking to raise $11 billion as part of its efforts to play a larger role in the electric vehicle battery market. trillion, or about $59.4

South Korea 145

South Korea Energy Batteries Battery 145

Green Car Congress

NOVEMBER 17, 2015

By 2022, the Chinese market is expected to account for half of global sales—almost 1.5 Japan (85,000), South Korea with (35,000) and India (19,000) will lag some distance behind as growth in these markets is expected to be steady rather than explosive. million units a year. 2015-YTD actual. Click to enlarge.

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Plug-in 2016 Global Sale 150

Green Car Congress

APRIL 30, 2020

The Chinese version, operating under the GB/T communication protocol, is also planned to be released next year. Started as a bi-lateral project, ChaoJi has developed into an international collaboration forum, mobilizing expertise and market experience of key players from Europe, Asia, North America, and Oceania. CHAdeMO 3.0

Plug 186

Plug South Korea DC North America 186

Green Car Congress

NOVEMBER 13, 2022

The cathode market is expected to experience a similar surge. However, by 2025, accelerated by increased demand and the ability to ramp up synthetic production quicker and more efficiently than natural production, synthetic graphite’s market share is expected to reach 87%. million tonnes from around 774,000 tonnes last year.

Energy 195

Energy Batteries Battery South Korea 195

Green Car Congress

JANUARY 20, 2021

In 2020, the size of the market increased four times compared to 2016, reaching an estimated $118 billion. The decline has been driven by changing market dynamics in China, which accounted for 99% of global e-bus sales from 2016 to 2020. Public markets and VC/PE. Spain was up 16% at $10 billion, Brazil up 23% at $8.7

2020 259

2020 Global Energy United Arab Emirates 259

CN EV Post

DECEMBER 26, 2023

And let's not forget that BYD's "invasion" of the foreign markets is just beginning. And I'm not talking about US and Europe; rather, I'm talking about Latin America, Africa, the rest of Asia apart from China, Japan, and South Korea, and so on. It's a meaningless measurement for most car companies, including Tesla.

BYD 96

BYD South Korea Market Tesla 96

Green Car Congress

NOVEMBER 9, 2010

In their study, they used three different alternative powertrain/fuel models: less aggressive, moderately aggressive and very aggressive, applied across four developed economies (United States, Western Europe, Japan, and South Korea) and four developing economies (Brazil, Russia, India, and China). Turnover of the Chinese fleet.

Fleet 218

Fleet China Brazil Russia 218

Teslarati

JANUARY 27, 2022

billion in South Korea’s biggest IPO to date, hitting a market cap of over $98 billion. It is now the third-most valuable company in South Korea after Samsung Electronics Co Ltd (005930.KS) KS), according to The Korea Times. KS), according to The Korea Times. LG Energy Solution (LGES/ 373220.KS)

South Korea 108

South Korea Energy Chinese General Motors 108

Green Car Congress

NOVEMBER 13, 2022

China, South Korea and Japan were the top three countries across all battery manufacturing metrics. US cell production capacity surpassed Japan in 2014 and South Korea in 2016. In BNEF’s 2027 rankings, countries in South America see the biggest declines, notably Brazil and Bolivia.

Supplies 195

Supplies Canada South Korea Lithium Ion 195

Green Car Congress

SEPTEMBER 11, 2012

South Korea has improved its fuel economy by one third since 2003. The Chinese are increasingly taking to the roads, with driving distances rising from 262 billion pkm in 1990 to 1.351 trillion pkm in 2009, slightly more than a fivefold expansion. Japan and the European Union (EU) continue to be the global leaders. l/100 km (52.3

Global 273

Global Auto Production Hybrid 273

Baua Electric

NOVEMBER 13, 2024

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.”

South Korea 52

South Korea Low Cost Kia BYD 52

CN EV Post

MARCH 30, 2023

million will be in China and 800,000 in overseas markets, the report said, citing an insider at the company. million units in China, BYD will surpass the Chinese market record of 2.16 Products that are competitive in China will still be competitive in overseas markets with a 20 percent price increase, he said.

BYD 140

BYD Vehicles South Korea China 140

Baua Electric

MAY 9, 2024

South Korea on Wednesday welcomed a US decision to extend automakers’ eligibility for electric vehicle tax credits for cars containing Chinese graphite through 2026. The ministry said South Korean battery makers, including LG Energy Solution, Samsung SDI and SK On that attended the meeting, welcomed the reprieve.

South Korea 40

South Korea Chinese Tax Credit Auto 40

Green Car Congress

MAY 21, 2012

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

Coal Gas Purchase Energy 225

Green Car Congress

JULY 28, 2015

With Saudi Arabia's refined fuel contributing to the global supply glut, what will be its impact on the refining markets especially those in Asia? How will Saudi Arabia Capture Market Share Downstream? However, one cannot easily neglect the Indian and Chinese refiners. By offering almost 2.8 per barrel in first quarter of 2015).

Saudi Arabia 150

Saudi Arabia Price Oil India 150

Green Car Congress

JANUARY 6, 2022

The world’s two largest economies—the United States and China—are poised to be the world’s top export and import markets for liquefied natural gas (LNG), respectively, in 2022, according to a new report by IHS Markit. MMt), followed by South Korea at 46.4 Spot LNG prices have soared past previous records.

Qatar 186

Qatar China United States Brazil 186

Green Car Congress

DECEMBER 20, 2016

The goal is to competitively produce bio-succinic acid in China and quickly penetrate the world’s largest succinic acid market. If market demand were to subsequently exceed production capacity, the joint venture could expand production through debottlenecking and/or additional investment.

Asia 150

Asia Production South Korea North America 150

Teslarati

AUGUST 23, 2022

Battery suppliers from South Korea are moving production to the U.S. to compete with Chinese rivals. According to a report from Korea IT News , as part of the Inflation Reduction Act’s passage requiring U.S.-made and South Korea to challenge the market leader. production facility.

South Korea 98

South Korea Batteries Battery Chinese 98