Green Car Congress

MARCH 26, 2023

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

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South Korea Building Indonesia Batteries 199

Green Car Congress

SEPTEMBER 10, 2012

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

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South Korea Hyundai Engine Building 231

Green Car Congress

MAY 3, 2020

million, with a total of nine partners (companies, technology centers and universities). Implemented in cooperation with South Korea, It was funded by the European Union Horizon 2020 research and innovation program under grant agreement number 727619. The project had a budget of €4.2

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South Korea United Kingdom CO2 Belgium 410

Green Car Congress

DECEMBER 9, 2020

Concurrently, the Saudi Arabia-based company is announced its commitment to the Business Ambition for 1.5 It is now estimated that green hydrogen could supply up to 25% of the world’s energy needs by 2050 and become a US$10-trillion addressable market by 2050. —Paddy Padmanathan, CEO of ACWA Power. ºC campaign. degrees Celsius.

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Green Hydrogen Companies Saudi Arabia 321

Green Car Congress

JULY 15, 2014

One important factor in the BMW’s choice of Samsung SDI was that the company considers the suitability of lithium-ion battery cells for environmentally-friendly production and subsequent recovery of materials during product development. Deliveries of the BMW i8 got underway in the main international markets in June. from 2012.

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BMW South Korea Hybrid Batteries 304

Teslarati

MAY 2, 2024

Tesla has reportedly been granted permission to sell automotive emission credits domestically in South Korea by the Ministry of Environment starting this year. This marks a significant development for the electric vehicle maker, as it will allow the company to generate additional revenue in the South Korean market.

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South Korea Emissions Tesla Legal 113

Green Car Congress

JANUARY 20, 2023

RecycLiCo Battery Materials (formerly American Manganese), has delivered samples of its battery-grade lithium carbonate and lithium hydroxide to battery manufacturers in Japan and South Korea.

South Korea 170

South Korea Japan Manufacturer Carbon 170

Green Car Congress

FEBRUARY 24, 2023

SK seeks to import blue ammonia produced from ExxonMobil to South Korea in support of reducing industrial emissions. The window for blue ammonia offtake will coincide with South Korea’s Ammonia Co-firing initiative, and SK has plans to introduce blue ammonia solutions to further support the Clean Energy transition.

South Korea 459

South Korea Coal Hydrogen Carbon 459

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JANUARY 6, 2014

The first commercial deployment of the OLEV wireless charging technology was put into operation in July 2011 at Seoul Grand Park, where three 100-passenger trams provide daily shuttle services to visitors at a theme park near Seoul, South Korea.

South Korea 199

South Korea Companies Charging MIT 199

Green Car Congress

NOVEMBER 16, 2020

Ltd has signed a Memorandum of Understanding for the joint development of a solid oxide fuel cell (SOFC) system for marine propulsion and power generation with Navig8, a Singapore-based major shipping company which operates 140 chemical and oil tankers globally. Doosan Fuel Cell Co., Earlier post.).

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South Korea Mariner Singapore 2008 331

Green Car Congress

DECEMBER 29, 2021

MORAI is the only developer and distributor of a full-stack autonomous driving simulation platform in South Korea, with more than 100 clients, including Hyundai Mobis, Naver Labs, and Samsung Engineering. In 2021, the company has raised around two billion KRW (US$1.7

South Korea 352

South Korea Environment Hyundai Installation 352

The Truth About Cars

DECEMBER 18, 2020

Hyundai Motor Company will end sales of its best-selling electric vehicle, the Kona EV, after a series of fires and faulty braking systems prompted mass recalls in South Korea. According to Reuters, Hyundai was reviewing the end of Kona EV sales in South Korea, while an unidentified source said sales would continue in Europe.

South Korea 98

South Korea Hyundai Sale Europe 98

Green Car Congress

JANUARY 28, 2022

Asia-Pacific countries now hold four of the top 10 places in terms of energy transition investment levels, with India and South Korea joining China and Japan. This capital will be used in the coming years to scale up these companies’ operations and further develop their technologies. Germany, the U.K. degrees of global warming.

Carbon 418

Carbon Transportation Global 2020 418

Green Car Congress

MARCH 15, 2022

Raven SR, a renewable fuels company ( earlier post ), announced the closing of a strategic investment from Samsung Ventures, expanding Raven SR’s reach into the global market, especially in Asia-Pacific region. Samsung Ventures’ investment will expand Raven SR’s global reach to South Korea, a driving force in the hydrogen economy.

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Renewable Companies Fuel South Korea 199

Green Car Congress

OCTOBER 13, 2014

The MOU establishes a process for appointing Integrated Energy to be the dealer of Detroit Electric products in Jeju Island, South Korea. The MOU establishes a process for appointing Integrated Energy to be the dealer of Detroit Electric products in Jeju Island, South Korea.

Detroit 240

Detroit South Korea Energy Sale 240

Green Car Congress

DECEMBER 23, 2020

The new company, tentatively called LG Magna e-Powertrain, combines Magna’s strength in electric powertrain systems and world-class automotive manufacturing with LG’s expertise in component development for e-motors and inverters, accelerating both partners’ growth in the electric powertrain market.

Market 186

Market South Korea United States Chevrolet 186

Green Car Congress

JULY 9, 2022

South-Korea-based POSCO has acquired silicon anode startup Tera Technos for 47.8 The two companies also shared the medium-to-long-term expansion plans for SK On’s secondary battery production, and discussed how POSCO Group will increase the supply of raw materials to its partner. Earlier post.)

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Li-ion South Korea Argentina Taiwan 347

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 81

South Korea Chinese Hydrogen PHEV 81

Green Car Congress

DECEMBER 5, 2013

Beginning in 2016, GM will compete in Europe’s volume markets only under its Opel and Vauxhall brands. The Chevrolet brand will no longer have a mainstream presence in Western and Eastern Europe, largely due to a challenging business model and the difficult economic situation in Europe, the company said.

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Chevrolet GM Europe Market 199

Teslarati

MAY 19, 2022

billion to produce electric vehicles at a new factory in South Korea. The factory ultimately would increase annual EV production in South Korea to 1.44 The companies are expected to build 350,000 cars in the country this year, a statement from Hyundai noted. million units by 2030. The planned 1.44

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South Korea Kia Hyundai Production 100

Green Car Congress

AUGUST 28, 2013

earlier post ) signed a Letter of Intent (LOI) with BASF Corporation jointly to explore the North American market for ElectriPlast’s conductive thermoplastics. The two companies will approach key OEMs and Tier 1 manufacturers with opportunities for conductive thermoplastics as a lightweight material alternative to metals.

Market 199

Market South Korea Carbon Fiber Asia 199

Green Car Congress

AUGUST 30, 2022

The reactor will be installed and brought online in the second half of 2023 at LOTTE Chemical HQ facilities in Ulsan, South Korea. Among other climate-focused goals, the company is setting the stage to advance the hydrogen economy in Korea. Earlier post.). This technology has promise for producing zero-emissions hydrogen.

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Hydrogen America South Korea Light 413

Green Car Congress

DECEMBER 4, 2018

South Korea-based SK Innovation, a developer of lithium-ion batteries for electric vehicles, will invest $1.67 SK Innovation, which is part of SK Group, says that it is making the investment in Georgia to better compete in the growing global EV battery market. The new plant will be located in Jackson County, Georgia.

Georgia 285

Georgia Manufacturer Building Lithium Ion 285

Green Car Congress

NOVEMBER 5, 2020

Photo: Panoramic view of LG Chem’s petrochemical complex in Yeosu, South Korea. LG Chem will start replacing fossil feedstock commonly used in the manufacturing of polymers and chemicals with Neste Renewable Hydrocarbons in the upcoming months.

Polymer 243

Polymer South Korea Industry Industrial 243

Green Car Congress

JULY 20, 2021

Group14 Technologies, a global provider of silicon-carbon composite materials for lithium-ion markets, and SK materials, one of the world’s top manufacturers of special gases and industrial gases, are forming a joint venture to build a factory for lithium-silicon battery materials in South Korea.

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South Korea Lithium Ion Li-ion Building 221

Green Car Congress

JUNE 29, 2021

Based on company announcements through 2020, about 5% of this global total is actively being invested in local US assembly plants. million in 2020, followed by 450,000 in the US and about 110,000 each in Japan and South Korea. Source: The ICCT. In terms of annual EV production, Europe’s 1.1 million nearly matched China’s 1.27

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Global Production 2020 South Korea 397

Green Car Congress

NOVEMBER 8, 2018

The falling cost of batteries is set to drive a boom in the installation of energy storage systems around the world in the years from now to 2040, according to the latest annual forecast from research company Bloomberg NEF (BNEF). The global energy storage market will grow to a cumulative 942GW/2,857GWh by 2040, attracting $1.2

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Energy Storage Energy South Korea Grid 275

Green Car Congress

MARCH 23, 2022

The two companies have a longstanding relationship, and GM acted as a key partner in bringing LG to Michigan in 2010. The Holland investment will fall under the LGES entity, which recently completed a record-breaking IPO in South Korea. million; and.

Michigan 334

Michigan Energy Batteries Battery 334

Green Car Congress

AUGUST 25, 2022

FREYR Battery has awarded a strategic alliance frame agreement to South Korea-based Hana Technology. The two companies will jointly develop equipment and automation solutions for FREYR’s Customer Qualification Plant (“CQP”) in Mo i Rana, Norway, as well as for FREYR’s planned Gigafactories.

Batteries 321

Batteries Battery South Korea Production 321

Green Car Congress

JUNE 19, 2012

The Ulsan, South Korea-based company will first export the engine to an onshore gas-powered power plant in the Middle East after final paint and packing work. We expect these high-output gas engines to help Hyundai Heavy expand our product lines, diversify target markets, and boost sales.

Hyundai 240

Hyundai Engine South Korea Oil Prices 240

Green Car Congress

MAY 27, 2013

The light-duty FCV market will be in a long period of supply constraints until around 2020, the report notes, breaking out only if the infrastructure is in place to meet customers’ fueling requirements. The company began small series production of its fuel cell ix35 (Tucson) sport utility vehicle (SUV) in early 2013. Light-duty.

Light 207

Light South Korea Fuel Sale 207

Green Car Congress

NOVEMBER 26, 2014

The Renault-Nissan Alliance has passed the 200,000 th electric vehicles sold mark and currently has a leading 58% market share for zero-emission cars (ZEVs) worldwide. The top markets for Nissan LEAF are the United States with about 67,000 sales since its launch; Japan with about 46,500 units; and Europe with about 31,000 units.

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Nissan Market Japan South Korea 210

Green Car Congress

AUGUST 5, 2011

Faced with flagging demand for gasoline and other petroleum products in their respective home markets, the two giants will invest a total of around 120 billion yen [US$1.5 billion] in a pair of new production ventures in South Korea. The companies reportedly will form two joint ventures: In petrochemicals, the JX Holdings Inc.

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Japan South Korea Oil 2003 218

Green Car Congress

AUGUST 1, 2021

In conjunction with Samsung Heavy Industries (SHI), the companies’ initial design for an engineless, fuel-cell-powered liquefied natural gas (LNG) carrier has received Approval in Principle (AiP) from DNV, a premier international maritime classification society. Bloom Energy has hit two key milestones on its path to decarbonize shipping.

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Powered Power Design Energy 321

Green Car Congress

JULY 7, 2021

Hyundai Motor Group (the Group) announced that five key affiliate companies, including Hyundai Motor Company and Kia Corporation, will join Climate Group’s RE100 , a global initiative committed to moving toward 100% renewable energy. each will submit applications to the Korea RE100 Committee later this month.

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Renewable Hyundai Climate Slovakia 321

Green Car Congress

JUNE 27, 2019

Saudi Aramco and its affiliates signed 12 agreements with major South Korean companies to reinforce relationships with South Korea, expand international operations, and support the region’s energy security with the expansion of Arabian crude oil supply to Asian markets. Earlier post.). The Hyundai Motor Group.

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Saudi Arabia South Korea Carbon Fiber Hyundai 223

Green Car Congress

JULY 29, 2021

LG Electronics and Magna International signed the transaction agreement which establishes a joint venture between the two companies ( earlier post ). The new company, to be called LG Magna e-Powertrain, is headquartered in Incheon, South Korea.

South Korea 186

South Korea Asia United States Manufacturer 186