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Located in the Eumseong Innovation City of Chungcheongbuk-Do, SouthKorea, Sella 2 is currently producing test cells for certification, with ramp-up expected during the second half of 2022. The facility can scale its battery cell capacity in the future to support the growing needs for storage solutions offered by the company.
Hyundai Motor Group introduced Factory Safety Service Robot, a robot for industrial site safety, and announced its pilot operation at Kia’s plant in SouthKorea. The Robot will help detect risks and secure people’s safety in industrial sites.
Nikkiso Clean Energy & Industrial Gases Group (CE&IG), a part of the Nikkiso Co., Ltd (Japan) group of companies, announced multiple contracts to provide more than a dozen Hydrogen Fueling Stations (HFS) to customers in California and SouthKorea.
Following the development and operation of commercialized OLEV trams (at an amusement park in Seoul) and shuttle buses (at KAIST campus), respectively, the city of Gumi in SouthKorea, beginning on 6 August, is providing its citizens with OLEV public transportation services.
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 SouthKorea. It’s all about speed and winning the race. SK) and LG Corporation.
During the 42-month project, innovative materials and efficient systems for capturing CO 2 from post-combustion industrial emissions were developed. Implemented in cooperation with SouthKorea, It was funded by the European Union Horizon 2020 research and innovation program under grant agreement number 727619.
Renault Group and Geely Holding Group, China’s largest privately-owned automotive group, have signed an agreement to launch a new collaboration dedicated to bringing fuel-efficient Hybrid Electric Vehicles (HEV) and Internal Combustion Engine (ICE) models to the South Korean market as well as for export sales.
Tesla bucked the trend in SouthKoreas vehicle import market by selling 29,750 vehicles over the course of 2024. These results highlight Teslas strong performance in the domestic South Korean auto market, which came despite the headwinds experienced by the countrys overall auto segment last year. compared to 2023.
Photo: Panoramic view of LG Chem’s petrochemical complex in Yeosu, SouthKorea. LG Chem will start replacing fossil feedstock commonly used in the manufacturing of polymers and chemicals with Neste Renewable Hydrocarbons in the upcoming months.
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, SouthKorea. The three companies together will spend up on 1.21
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 SouthKorea as initial key core markets. The cooperation will allow Renault Group and Geely Holding to share resources and technologies.
POSCO Holdings recently began construction at the Yulchon 1 st Industrial Complex in Jeollanam-do (South Jeolla Province, S. Korea) of the country’s first lithium hydroxide plant, which will produce secondary battery materials using lithium produced from brine in Argentina. POSCO Group’s lithium brine demo plant in Argentina.
SK seeks to import blue ammonia produced from ExxonMobil to SouthKorea in support of reducing industrial emissions. Materials to pursue the offtake of blue ammonia from ExxonMobil’s planned low-carbon hydrogen project at its integrated complex in Baytown, Texas.
by Lewis Black, CEO of Almonty Industries. China’s government regulated its tungsten industry by limiting the number of mining and export licenses, imposing quotas on concentrate production, and placing constraints on mining and processing,” according to the USGS’ report [ 2 ]. What’s more, U.S. government.
In October, Doosan and Ceres announced a strategic collaboration which includes the building of an initial 50MW manufacturing facility for the manufacture under licence of Ceres’ fuel cell stacks in SouthKorea. Marine fuel cells can contribute to compliance with greenhouse gas emissions regulations in the industry.
On Monday, July 12, 2024, SouthKorea’s environment ministry will hold an emergency meeting to discuss electric vehicle (EV) fire safety concerns after a blaze in an underground parking garage. SouthKorea’s land and industry ministries will attend the meeting next week.
RecycLiCo Battery Materials (formerly American Manganese), has delivered samples of its battery-grade lithium carbonate and lithium hydroxide to battery manufacturers in Japan and SouthKorea. RecycLiCo is committed to helping reduce the environmental impact of lithium mining and production.
Tesla has reportedly been granted permission to sell automotive emission credits domestically in SouthKorea 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.
Hyundai Motor signed the MOU with SouthKorea’s Ministry of Trade, Industry and Energy as well as Hyundai Glovis, LG Energy Solution and KST Mobility for the rental of electric taxi batteries and the sustainable reuse of EV batteries in energy storage systems (ESS).
Patterson Industrial Park, will be the company’s first aluminum foil facility located in the United States and is expected to begin operation in 2025. LOTTE Aluminium and LOTTE Chemical are subsidiaries of LOTTE Group, one of the largest conglomerates in SouthKorea, with more than 90 business units employing more than 80,000 people.
—which intends to become a silicon anode materials supplier to the EV industry— entered into a Memorandum of Understanding (MOU) with South Korean silicon powder manufacturer, Korea Metal Silicon Co., Korea Metal Silicon Co. Canada-based NEO Battery Materials Ltd.—which
Kia and Hyundai are unfazed by BYD’s electric vehicles launching in SouthKorea. Earlier this month, Chinese automaker BYD announced it would enter SouthKorea’s passenger car market in 2025. BYD entered SouthKorea’s commercial car market in 2016 but has yet to launch a passenger car there.
LGES’ expansion will quintuple the plant’s capacity to help produce battery components into the future as Michigan’s electric vehicle industry grows. The Holland investment will fall under the LGES entity, which recently completed a record-breaking IPO in SouthKorea. LG Energy Solution (LGES) is investing $1.7
With the final site approval, NEO has now additionally doubled the initial target annual silicon anode production capacity to 240 tons on the same mass-production lines and has consequently renamed the semi-commercial plant into a commercial-scale plant facility to accommodate for industry capacity standards.
FREYR Battery has awarded a strategic alliance frame agreement to SouthKorea-based Hana Technology. Hana Technology develops precision automation solutions for battery facilities and other industrial operations.
SouthKorea’s presidential office revealed that President Yoon Suk-Yeol and Elon Musk conversed about Tesla in a video call on Wednesday, November 23. During the video call, Elon Musk reportedly told President Yoon that he considered SouthKorea one of the top candidates for a Tesla factory in Asia, reported Reuters.
Kia Corporation, a Hyundai Motor Company brand, completed its first electric vehicle (EV) factory in SouthKorea amid a slowdown in the industry. Kia’s EV6 vehicle has been a hit in the industry, along with Hyundai’s IONIQ lineup. The upgraded factory will launch production with the Kia EV3.
Hyundai Motor Group is winding down development of internal combustion engines, The Korea Economic Daily reported last week. The automaker closed its research and development center for combustion engines in Namyang, SouthKorea, according to the report, which cited industry sources familiar with the matter.
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.
POSCO Group’s output will be used in applications across diverse industries including the company’s own power generation needs, construction, energy, and support other industrial off-takers in SouthKorea. million tonnes of green ammonia per year for the purposes of decarbonizing industries.
Developed by industry partners including Qualcomm and Ericsson and standardized by the mobile standards consortium 3GPP in 2022 , RedCap was designed in part to meet the needs of industrial and manufacturing environments. We will continue to accelerate its commercialization.
On 29 December 2020, Sichuan Yahua Industrial Group announced thatits subsidiary, Yahua Lithium, had signed a five-year supply agreement with Tesla. The total value of the contract is reported to be US$630-880 million, with Yahua Lithium to provide battery-grade lithium hydroxide to Tesla from 2021 to 2025.
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 SouthKorea) on the basis of three key indicators: technology; industry; and market.
India is the third-largest steel producer in the world after China and Japan, having surpassed other large steel-making countries such as the United States, Russia, and SouthKorea over the previous decade, according to the World Steel Association. Most other large producers use basic oxygen steelmaking processes.
ARENA is inviting expressions of interest for large-scale renewable hydrogen projects across a range of industries and end uses. Each project must be powered by renewable electricity, either directly or through power purchase agreements or large scale generation certificates. —Darren Miller.
Saudi Aramco and its affiliates signed 12 agreements with major South Korean companies to reinforce relationships with SouthKorea, expand international operations, and support the region’s energy security with the expansion of Arabian crude oil supply to Asian markets. Korea National Oil Corporation. Daelim Industrial.
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 SouthKorea.
World’s biggest green hydrogen project developers and partners come together to launch Green Hydrogen Catapult initiative New initiative aims to drive down costs to below $2 per kilogram, to transform energy across most carbon intensive industries, accelerating race to zero emissions Founding partners include.
SouthKorea’s environment ministry recently held an emergency meeting to discuss EV fire safety concerns after an electric Mercedez-Benz caught fire in an underground parking garage. Land and industry ministries attended the meeting. The blaze has fueled fears about fire safety and electric vehicles.
billion to produce electric vehicles at a new factory in SouthKorea. The factory ultimately would increase annual EV production in SouthKorea to 1.44 Recently, Hyundai launched the IONIQ 5, which has won numerous awards in the automotive industry. million units by 2030.
Business Korea reports that according to its industry and government sources, Samsung SDI and the Ulsan city officials are in talks regarding the expansion of the company's Ulsan plant with an LFP battery production line. This type of battery is less.
million in 2020, followed by 450,000 in the US and about 110,000 each in Japan and SouthKorea. Great promotional events and bold aspirational statements by the domestic auto industry can’t mask the facts. Continuing on this path would hurt the domestic US auto industry’s prospects for decades. —Nic Lutsey.
SouthKorea-based SK Innovation, a developer of lithium-ion batteries for electric vehicles, will invest $1.67 Established as SouthKorea’s first oil refining company in 1962, SK Innovation engages in diverse areas of business, including exploration and production (E&P), batteries, and information and electronics materials.
The index—now in its tenth year—facilitates a comparison of competitive positions of the relevant automotive nations (the US, Germany, China, France, Italy, Japan and SouthKorea) in the field of e-mobility, based on an objective assessment of those countries in three key areas: technology, market and industry.
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