article thumbnail

Roskill: Yahua-Tesla deal indicative of increasing capability and numbers of Chinese lithium convertors

Green Car Congress

Until recently, there have been only five Chinese mineral-based convertors supplying or scheduled to supply battery-grade lithium hydroxide to the overseas market: Ganfeng Lithium, Tianqi Lithium, Zhiyuan Lithium, General Lithium, and Yahua Lithium.

Chinese 305
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

Renault and Geely sign MOU on joint cooperation in China and South Korean Markets focused on hybrids

Green Car Congress

Renault Group and Geely Holding Group, China’s largest privately-owned automotive group, announced an MoU framework agreement to create a cooperation focused on China and South Korea as initial key core markets. The cooperation will allow Renault Group and Geely Holding to share resources and technologies.

article thumbnail

South Korea to hold emergency meeting to discuss EV fire safety

Teslarati

Tesla 4680 cells closer to mass production with LGES & Samsung SDI According to local media, an anonymous official from South Korea’s transport ministry said the government aims to require EV manufacturers to disclose the brand of batteries they use in their vehicles.

article thumbnail

Is Tesla really losing to BYD, or just playing a different game?

Teslarati

Tesla China and BYD competition is reportedly tipping toward the Chinese automaker. The Chinese automaker also offers local customers fully electric and hybrid offerings. However, Tesla’s sales in South Korea and the United Kingdom say otherwise. However, Musk might not be that much of a factor.

BYD 86
article thumbnail

Kia & Hyundai unfazed by BYD’s EVs in South Korea

Teslarati

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.

article thumbnail

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% 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. year over year.