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SolarEdge, Kokam open 2GWh cell plant in South Korea

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SolarEdge Technologies and SolarEdge’s subsidiary, Kokam Limited Company, a provider of lithium-ion batteries and integrated energy storage solutions, announced the opening of “Sella 2”, a two gigawatt-hour (GWh) battery cell manufacturing facility.

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SOFC-maker Bloom Energy announces initial strategy for hydrogen market entry; partnership with SK

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Solid-oxide-fuel-cell manufacturer Bloom Energy is entering the commercial hydrogen market by introducing hydrogen-powered fuel cells and electrolyzers that produce renewable hydrogen. Bloom’s technologies can be critical in enabling South Korea to execute on its government-mandated Hydrogen Economy Roadmap.

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Hyundai Motor Group puts Spot to work at Kia’s plant in South Korea

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Hyundai Motor Group introduced Factory Safety Service Robot, a robot for industrial site safety, and announced its pilot operation at Kia’s plant in South Korea. Through the pilot operation at Kia’s plant in South Korea, the Group will use the Robot to support late-night security patrols and create a safer environment for workers.

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IHI and Hyundai WIA form turbocharger JV in South Korea

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IHI Corporation and Hyundai WIA Corporation, a major automobile parts manufacturer and a major subsidiary of Hyundai-Kia Motor Group, have entered a joint venture agreement for turbochargers. Market demand continues to grow in line with new down-sized engines and government regulation for fuel consumption and exhaust emissions.

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IDTechEX: solid-state battery market will grow to $8B by 2031

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A new report from IDTechEX forecasts the solid-state battery market will grow to $8 billion by 2031. The car plug-in market will take the largest share (66%) in 2031, followed by smartphone applications. Lithium-ion battery manufacturing has been dominated by East Asia, with Japan, China, and South Korea playing a significant role.

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Loop Energy to supply eFlow hydrogen fuel cell systems for transit buses in South Korea

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The announcement marks accelerating adoption of the eFlow fuel cell platform within the transit bus market vertical as well as Loop Energy’s official entry into the zero-emission commercial vehicle market in South Korea. A standard flow channel in a fuel cell is based on a constant cross-sectional area.

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

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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 focus will be on hybrid vehicles in the fast-growing Asian markets.