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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.
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.
by Lewis Black, CEO of Almonty Industries. in the April report for the Institute for Supply Management’s Manufacturing Index. This primarily includes dealing with a strained supply chain on critical raw materials, like tungsten, to produce all of those EV-powered automobiles, cranes, trucks and more. Source: Almonty.
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.
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.
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. SK On has been actively building various cooperative relationships to strengthen the raw material supply chain.
Hyundai Heavy Industries Co., 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. HCEC will supply engines spanning the MidRange 5.9-liter liter to 8.9-liter
Volvo Car Group has signed long-term agreements with leading battery makers CATL and LG Chem to ensure the multi-billion dollar supply of lithium-ion batteries over the coming decade for next generation Volvo and Polestar models. In China, battery supply will benefit from the scale of the wider Geely Group.
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.
—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
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. SKIET plans to supply separators produced at its Changzhou factory in China to Sunwoda.
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.
Granholm announced that LG Chem will establish a new electrolyte production plant in Holland in West Michigan, expanding the state’s battery supply chain. The governor made the announcement during her three-day investment mission to SouthKorea. million to support its Michigan 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.
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.
Benchmark’s Tier One producers of automotive-grade lithium-ion battery cells—as of its February 2022 assessment—are: Panasonic (Japan); Samsung SDI and SK Innovation (SouthKorea); Envision AESC, CATL, and BYD (China). Benchmark cautions that capacity does not necessarily equal reliable supply for the EV industry.
The rapid growth of the hybrid and electric vehicle segment could potentially cause demand for electrical steel to outpace supply from 2025, according to a new report by a team of analysts from the Automotive Supply Chain and Technology team at IHS Markit. Supply is extremely limited in North America.
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.
billion to produce electric vehicles at a new factory in SouthKorea. Hyundai Motor Group, which includes Kia, Hyundai Motor, and Genesis, said the factory will build 150,000 vehicles every year, supplying Hyundai and Kia with enough volume to supply customers with EVs. million units by 2030.
million in 2020, followed by 450,000 in the US and about 110,000 each in Japan and SouthKorea. China has the most comprehensive system of demand- and supply-side policies and has extended its consumer incentives and is implementing stronger EV regulations. In terms of annual EV production, Europe’s 1.1 —Nic Lutsey.
Behind-the-meter, or BTM, installations will be sited at business and industrial premises, and at millions of residential properties. China, the US, India, Japan, Germany, France, Australia, SouthKorea and the UK will be the leading countries. —Logan Goldie-Scot, head of energy storage at BNEF.
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.
SouthKorea-based SK Innovation, a developer of lithium-ion batteries for electric vehicles, will invest $1.67 Based on these technological capabilities, SK innovation has signed supply contracts with major automakers including Hyundai Motor Group, BAIC Group and Daimler AG.
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.
SK Innovation has broken ground for an automotive Li-ion battery plant in Seosan, South Chungcheong Province, SouthKorea. They will be supplied to Hyundai Motor for its BlueOn subcompact, Mercedes-Benz for the SLS AMG E-Cell sports car and Mitsubishi Fuso for hybrid trucks.
SpaceX reportedly signed a battery supply agreement with LG Energy Solution (LGES). Local media outlets in SouthKorea—where LGES is based—have reported on the agreement between SpaceX and the battery supplier. An LGES representative seemingly confirmed the news to Business Korea.
In September, Canada’s Minister of Industry Francois-Philippe Champagne stated that Tesla did discuss the possibility of building a factory in Canada. Earlier this year, Champagne emphasized that Canada hopes to be the auto industry’s new “ supplier of choice.” Tesla SouthKorea. Tesla Indonesia.
has signed contracts to supply drilling equipment packages for seven drillships to Brazilian shipyard Estaleiro Atlântico Sul (EAS), including drilling riser and pressure control equipment. Atlântico Sul Shipyard makes use of licensed technology from the SouthKorea-based Samsung Heavy Industries.
Li-ion battery joint venture partners Bosch and Samsung SDI are disbanding their SouthKorea-based SB LiMotive JV. Steps will be taken to ensure that all development and supply agreements will be continued. The agreement is subject to the approval of the antitrust authorities.
The lithium industry is therefore becoming more reliant on rechargeable batteries to sustain high rates of future demand growth, Roskill concludes. Other end-uses, including glass-ceramics, greases and polymers, have also shown high rates of growth, but are predicted to moderate over the next five years as emerging economy growth slows.
The stationary fuel cell sector continues to be the trail blazer for the entire fuel cell industry. The industry is still working on key technology barriers, including reducing CAPEX and standardization, Pike says. As such, stationary fuel cells are gaining increased attention and interest from a variety of stakeholders.
Australia’s Department of Industry, Science and Resources released the December 2022 edition of the Resources and Energy Quarterly (REQ). The report forecasts a supply gap will persist over the outlook period, with total supply from both mine and brine operations currently insufficient to meet demand.
Continental has years of experience in developing and producing battery electronics and entire battery systems as well as integrating them into the vehicle; Continental supplied the first mass-produced lithium-ion batteries in 2007. Its research and development activities will be carried out in Daejon, SouthKorea, in addition to Berlin.
Optimal Energy has signed a memorandum of understanding (MoU) with Germany-based EDAG, a German automotive full- service supplier, to industrialize the Joule.
But it was true what semiconductor engineers in SouthKorea whispered about his former students: They were everywhere. Korea Advanced Institute of Science and Technology (KAIST) assumed top posts in the industry as well as coveted positions teaching or researching semiconductors at universities and government institutes.
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. This will require a large investment from government and industry, Navigant concludes.
Other products made using DuPont’s proprietary nanofiber technology will target a broad range of liquid filtration applications for the biopharmaceutical, microelectronics, food and beverage industries, offering superior retention, filter life and flow resistance. and Seoul, SouthKorea.
PLANA , a developer of hybrid advanced air mobility (AAM) eVTOL aircraft, signed a letter of intent (LOI) and a memorandum of understanding (MOU) with Hi-Air, a South Korean commercial air carrier, to supply 30 AAM aircraft. Under the LOI, PLANA will supply its hybrid-electric AAM aircraft, CP-01, to Hi-Air from 2030.
Airbus and Linde, a leading global industrial gases and engineering company, have signed a Memorandum of Understanding (MoU) to work on the development of hydrogen infrastructure at airports worldwide. To date, agreements have been signed with partners and airports in France, Italy, SouthKorea, Japan and Singapore.
The joint investment is expected to boost battery supply resiliency for the US market amid the growing need for US-made Energy Storage System following the passage of “Inflation Reduction Act”. which offers customers a streamlined approach to energy storage system integration and a secure battery supply chain through LGES.
Researchers from SouthKorea, Case Western Reserve University and University of North Texas have synthesized new inexpensive and easily produced metal-free catalysts—edge-selectively halogenated graphene nanoplatelets (XGnPs)—that can perform better than platinum in oxygen-reduction reactions. —Jeon et al.
LG Energy Solution (LGES) signed an offtake agreement with WesCEF to expand its lithium supply chain for the North American market. According to the agreement , WesCEF will supply the South Korean battery supplier with up to 85,000 tons of lithium concentrate. The South Korean company is a longtime Tesla supplier.
The City of Lancaster will supply guaranteed feedstock of recyclables, and will save between $50 to $75 per ton in landfilling and landfill space costs. Unlike other renewable energy sources, hydrogen can fuel hard-to-decarbonize heavy industrial sectors like steel, heavy transport, and cement.
The Daewoo Shipbuilding and Marine Engineering (DSME) yard in SouthKorea has ordered 54 Wärtsilä 50DF dual fuel engines to power 172,600 cbm icebreaking LNG carriers being built for use in Arctic conditions to serve the Yamal LNG project in Northern Russia. The total power output from the Wärtsilä engines is 64,350 kW per vessel.
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