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 98

South Korea Chinese Hydrogen PHEV 98

CleanTechnica EVs

JULY 14, 2021

South Korea has a 40.6 trillion won ($41.2 billion) plan to become an even bigger EV battery giant by the end of the decade, The Business Times has reported. The nation unveiled the plan and noted that LG Energy Solution, SK Innovation, and Samsung SDI will be key players. They are already three of the […].

South Korea 145

South Korea Battery Batteries Energy 145

Green Car Congress

FEBRUARY 19, 2023

Volvo Construction Equipment (Volvo CE) announced an investment into battery pack production at its excavator plant in Changwon, South Korea. The Changwon plant in South Korea specializes in the production of excavators and is the biggest excavator production site in Volvo CE. With the SEK 80-million (around $7.8-million)

Volvo 396

Volvo South Korea Production Battery 396

Green Car Congress

FEBRUARY 10, 2022

an automotive manufacturer headquartered in South Korea, to manufacture Faraday Future’s second electric vehicle, the FF 81, with start of production scheduled for 2024. Located near Seoul, South Korea, Myoung Shin is a parts supplier and automotive manufacturer for numerous first tier OEMs.

South Korea 333

South Korea Future Production Manufacturer 333

Green Car Congress

AUGUST 10, 2021

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.

South Korea 321

South Korea China Market Hybrid 321

Green Car Congress

JULY 20, 2020

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.

Hydrogen 386

Hydrogen South Korea Market Energy 386

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 factory will be on Kia’s Hwaseong manufacturing campus, according to the automaker’s own press release on the subject. million units by 2030.

South Korea 102

South Korea Kia Hyundai Production 102

Green Car Congress

NOVEMBER 5, 2022

Production of the Electrified GV70 is expected to start this December at the brand’s Montgomery, Alabama manufacturing facility. This is the first Genesis model to be built in the United States and the first Genesis production to take place outside of South Korea.

Los Angeles 420

Los Angeles South Korea Alabama United States 420

Green Car Congress

JUNE 23, 2021

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.

Market 418

Market Battery Batteries Li-ion 418

Green Car Congress

MAY 4, 2022

Hankuk Carbon Co Ltd, a manufacturer of advanced composite materials, has formed a strategic joint-partnership with Dymag, a manufacturer of carbon composite wheels, to enable the mass production of high-performance carbon composite wheels for the world’s leading automotive OEMs.

Carbon 259

Carbon Manufacturer Carbon Fiber South Korea 259

Green Car Congress

AUGUST 2, 2023

Loop Energy announced that its value-added distributor in South Korea—NGVI Inc.—secured This marks Loop Energy’s second design win in South Korea in less than one year. It is also a strong signal of the South Korean market growth potential and accelerated demand for fuel cell adoption.

South Korea 150

South Korea Hydrogen Supplies Energy 150

Green Car Congress

AUGUST 26, 2013

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.

South Korea 210

South Korea Hyundai Thailand Asia 210

Green Car Congress

APRIL 25, 2023

At a ceremony in South Korea in March, HHI-EMD—a MAN Energy Solutions two-stroke licensee— marked the manufacture of the world’s largest methanol-powered two-stroke engine, a MAN B&W G95ME-LGIM type. Foldager noted that Hyundai was the first engine manufacturer to reach the 200 million bhp mark.

Engine 221

Engine Manufacturer South Korea Mariner 221

Green Car Congress

JULY 25, 2023

JR ES develops and manufactures high-performance lithium-ion battery electrodes with a novel electrode and battery cell foundry model, enabling lithium-ion cell manufacturers and other partners to produce tailor-made electrodes and cell solutions.

Manufacturer 150

Manufacturer Lithium Ion Building Battery 150

Teslarati

APRIL 3, 2024

LG Energy Solution (LGES) plans to start hiring workers for the Arizona battery manufacturing complex by the end of 2024. billion battery manufacturing complex. LGES added that it Tesla 4680 battery production by LG starting later this year LGES is building two manufacturing facilities in Arizona.

Arizona 140

Arizona South Korea Manufacturer Energy 140

Green Car Congress

JANUARY 3, 2022

South Korea-based steelmaker POSCO will invest US$830 million in a lithium hydroxide plant in Argentina. A pilot plant was manufactured in South Korea in 2017 with a capacity of 2,500 tons / year of lithium. The plant will be constructed by the first half of 2024.

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Argentina South Korea 2018 2017 334

Baua Electric

MAY 9, 2024

South Korea on Wednesday welcomed a US decision to extend automakers’ eligibility for electric vehicle tax credits for cars containing Chinese graphite through 2026. The ministry added that it would provide 9.7 trillion won (USD 7.11

South Korea 40

South Korea Chinese Tax Credit Auto 40

Green Car Congress

JULY 9, 2023

—POSCO Group CEO Jeong-woo Choi The new lithium factory is anticipated to have an annual production capacity of 25,000 tons of lithium hydroxide—sufficient for manufacturing approximately 600,000 electric vehicles. The subsequent production of lithium hydroxide will take place in South Korea.

Argentina 369

Argentina South Korea South America Financing 369

Green Car Congress

JUNE 9, 2021

South Korea-based EnerTech International is a leader in delivering lithium-ion cells using state-of-the-art manufacturing facilities to produce high-performance, large format batteries. Pre-production batteries have been built and tested using EnerTech’s existing lithium-ion battery manufacturing equipment.

Lithium Ion 435

Lithium Ion South Korea Battery Batteries 435

Green Car Congress

DECEMBER 23, 2020

LG Electronics and Magna International announced a joint venture (JV) to manufacture e-motors, inverters and on board chargers and, for certain automakers, related e-drive systems to support the growing global shift toward vehicle electrification.

Market 186

Market South Korea United States Chevrolet 186

Green Car Reports

FEBRUARY 10, 2022

Faraday Future's second EV will be manufactured by South Korean auto-parts supplier Myoung Shin, Faraday announced Wednesday in a press release. This new model, the Faraday Future FF 81, will be a "luxury mass-market electric vehicle" aimed at a.

South Korea 184

South Korea Future Production GM 184

Teslarati

JULY 8, 2024

Earlier this year, Nvidia replaced Tesla as South Korea’s top foreign stock. On May 30, Korea Securities Depository (KSD) data showed that local investors held $11.07 Nvidia’s rise in South Korea’s stock market came after Elon Musk announced a potential collaboration between the chip company and xAI.

South Korea 134

South Korea Tesla Arizona United States 134

Green Car Congress

AUGUST 24, 2023

billion) investment in its domestic battery production base in Seosan, South Korea, paving the way for the completion of a core infrastructure that will fortify Korea’s domestic electric vehicle battery industry. SK On will make a KRW 1.5-trillion trillion (US$1.1-billion)

Manufacturer 150

Manufacturer South Korea Battery Batteries 150

Green Car Congress

DECEMBER 4, 2018

South Korea-based SK Innovation, a developer of lithium-ion batteries for electric vehicles, will invest $1.67 billion to build a new electric vehicle (EV) battery manufacturing plant in Georgia. SK Innovation has applied high energy density ternary materials to lithium-ion batteries for mass production.

Georgia 285

Georgia Manufacturer Building Lithium Ion 285

Green Car Congress

AUGUST 5, 2021

SK Innovation’s EV battery plant located in Seosan, South Korea. Currently, the company holds an annual battery production capacity of 40GWh, produced in various countries, including South Korea, the United States, China, Hungary. The SK Battery Co., The SK E&P Co., Earlier post.). Earlier post.).

South Korea 418

South Korea Battery Batteries Energy Storage 418

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.

South Korea 221

South Korea Lithium Ion Building Li-ion 221

Green Car Congress

JANUARY 22, 2021

While the lithium-ion battery is dominant in battery-electric vehicles, NiMH batteries are still the most common in full hybrid vehicles (HEVs), according to a new report—“ Full Hybrid Electric Vehicle Markets 2021-2041 ”—from IDTechEx. Toyota is the ruling OEM in the global HEV car market, with more than 60% market share in 2019.

NiMH 412

NiMH Li-ion Toyota Hybrid 412

Green Car Congress

SEPTEMBER 6, 2023

Scheduled for completion in 2025, the new facility will start production with e-motors and plans to offer a suite of electrified powertrain solutions in the future, including inverters and on-board chargers for the growing EV market. This new facility seeks to amplify the growth of LG Magna e-Powertrain in the Europe-an market.

Hungary 195

Hungary South Korea Mexico Europe 195

Green Car Congress

JULY 25, 2023

a storage solution and battery materials company based in South Korea. Yulho is currently building a high-purity black mass facility with an annual capacity of 8,000 metric tonnes, the largest in South Korea, and expects to commence production later this year, with plans to expand to 24,000 tonnes of capacity in the future.

South Korea 150

South Korea Battery Batteries Li-ion 150

Green Car Congress

MARCH 17, 2022

In 2021, the top five export destinations for US coal were India, China, Japan, the Netherlands, and South Korea. 85% of shipments to South Korea were steam coal for electricity generation. India imported the most US coal for the fifth consecutive year at 15.3 MMst, or 77%, was steam coal). MMst, was metallurgical coal).

Coal 434

Coal 2020 South Korea Netherlands 434

Green Car Congress

JULY 29, 2021

The new company, to be called LG Magna e-Powertrain, is headquartered in Incheon, South Korea. The joint venture company will manufacture e-motors, inverters and on-board chargers and, for certain automakers, related e-drive systems. He will be responsible for overseeing the day-to-day operations of the joint venture.

South Korea 186

South Korea Asia United States Manufacturer 186

Green Car Congress

MAY 3, 2023

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. This marks SKIET’s first large-scale supply of EV battery separators to a Chinese EV battery manufacturer.

Supplies 199

Supplies Battery Batteries South Korea 199

Green Car Congress

NOVEMBER 4, 2022

Qorvo, a global provider of connectivity and power solutions, and SK Siltron CSS, a semiconductor wafer manufacturer, finalized a multi-year supply agreement for silicon carbide (SiC) bare and epitaxial wafers. SiC devices are more efficient at handling high powers and conducting heat than traditional silicon.

Supplies 199

Supplies South Korea Global Battery Powered 199

Green Car Congress

JULY 20, 2022

The agreement will involve the joint development of green hydrogen and its derivatives such as green ammonia, to decarbonize POSCO Group’s power generation and its steel manufacturing processes, along serving other Korean clients of POSCO Group. As of 2021, POSCO, the steel-making company of POSCO Group, has the capacity to produce 42.9

Saudi Arabia 199

Saudi Arabia Green South Korea Hydrogen 199

Green Car Congress

NOVEMBER 16, 2020

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 South Korea. Earlier post.).

South Korea 331

South Korea Mariner Singapore 2008 331

Green Car Congress

NOVEMBER 5, 2020

LG Chem will start replacing fossil feedstock commonly used in the manufacturing of polymers and chemicals with Neste Renewable Hydrocarbons in the upcoming months. 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 Industrial Industry 243

Green Car Congress

JANUARY 16, 2023

The joint investment will pave the way for Hanwha to lead the rapidly-growing energy storage market and future Urban Air Mobility business. The MOU was signed by LGES and three subsidiaries under Hanwha Group—Hanwha Solutions, owner of clean energy manufacturer Qcells, Hanwha Corporation/Momentum and Hanwha Aerospace.

Energy 199

Energy Building Energy Storage Battery 199