Green Car Congress

AUGUST 2, 2023

Loop Energy announced that its value-added distributor in South Korea—NGVI Inc.—secured —secured a supply contract for a hydrogen electric bus project with a second municipality in the country, this time with the county of Ulju. This marks Loop Energy’s second design win in South Korea in less than one year.

South Korea 150

South Korea Hydrogen Supplies Energy 150

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

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.

Supplies 199

Supplies South Korea Global Battery Powered 199

Baua Electric

JUNE 21, 2024

South Korean steel manufacturer POSCO Holdings and Chinese battery precursor producer CNGR have started construction of nickel and precursor production plants for secondary batteries in Pohang, South Korea. POSCO Future M plans to use these precursors to manufacture cathode materials, optimizing its internal supply chain.

South Korea 52

South Korea Production Battery Batteries 52

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. SKIET plans to supply separators produced at its Changzhou factory in China to Sunwoda.

Supplies 199

Supplies Battery Batteries South Korea 199

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

Teslarati

MAY 19, 2022

billion to produce electric vehicles at a new factory in South Korea. 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. The planned 1.44

South Korea 102

South Korea Kia Hyundai Production 102

Teslarati

DECEMBER 18, 2022

The EV manufacturer has already established a good business relationship with the state government of Nuevo Leon. ” Canada has the minerals and supplies automakers need to manufacture electric vehicles and EV batteries. Tesla South Korea. Tesla still has to iron out a few details regarding Giga Mexico.

South Korea 98

South Korea Indonesia Mexico Canada 98

Baua Electric

NOVEMBER 3, 2023

The initiation tournament incorporated a supply rite for the inaugural eBus9 held in Yongin, Gyeonggi-do, South Korea. – Commercial – The pinnacle of BYD’s Korean section expressed that the corporate plans in order 120 BYD eBus9 devices in South Korea this occasion.

South Korea 52

South Korea BYD Automobile Industry Automobile 52

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.

Argentina 334

Argentina South Korea 2018 2017 334

Green Car Congress

JUNE 6, 2023

SK Signet celebrated the grand opening of its EV charger manufacturing facility in Plano. This facility will expand US-based manufacturing and R&D for electric vehicle charging equipment to support the growth of America’s EV infrastructure. SK Signet is based in South Korea with US headquarters in McLean, Virginia.

Manufacturer 170

Manufacturer South Korea Virginia United States 170

Baua Electric

MAY 9, 2024

billion) in financial aid to support efforts of the country’s EV sector to secure a self-sufficient supply chain. South Korea on Wednesday welcomed a US decision to extend automakers’ eligibility for electric vehicle tax credits for cars containing Chinese graphite through 2026. trillion won (USD 7.11

South Korea 40

South Korea Chinese Tax Credit Auto 40

Green Car Congress

JULY 18, 2023

a global manufacturer of electric vehicle (EV) charging solutions, has entered into a long-term EV charger supply agreement with Francis Energy, owner of the fourth-largest electric vehicle fast-charging network in the US. The announcement follows the grand opening of SK Signet’s EV charging manufacturing facility in Plano, Texas.

Supplies 150

Supplies Energy South Korea Charging 150

Green Car Congress

OCTOBER 24, 2022

the Japan-based parent company of the specialty chemicals manufacturer Toyo Ink Group, announced the official opening of a new wholly-owned manufacturing subsidiary, Toyo Ink Hungary LLC, in Ujhartyan in Pest County, Hungary. Toyo Ink SC Holdings Co.,

Hungary 170

Hungary Li-ion Supplies South Korea 170

Baua Electric

OCTOBER 31, 2024

South Korea-based LG Energy Solution has signed agreements with Ford Motor to supply battery modules from its Poland facility for Ford’s commercial vans in the UK and EU.

Commercial 52

Commercial Supplies South Korea Poland 52

Baua Electric

SEPTEMBER 11, 2024

Singapore-headquartered lithium-ion battery manufacturer Durapower has announced that up to 60 units of its battery system will be used in automated guided vehicles (AGVs) made by VDL Steelweld, a contract manufacturing, engineering and prototyping services company headquartered in the Netherlands.

South Korea 52

South Korea Supplies Singapore Lithium Ion 52

Green Car Congress

DECEMBER 17, 2021

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. Concentrated manufacturing footprint.

Supplies 243

Supplies Cleveland Electrical Electric 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.

South Korea 221

South Korea Lithium Ion Building Li-ion 221

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

JULY 9, 2022

South-Korea-based POSCO has acquired silicon anode startup Tera Technos for 47.8 billion won (US$37 million), as the steelmaker enlarges its position within the Li-ion battery supply chain. POSCO intends to invest $20 billion into the lithium-ion supply chain between now and 2030. Earlier post.)

Li-ion 347

Li-ion South Korea Argentina Taiwan 347

Green Car Congress

MAY 15, 2019

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.

Volvo 270

Volvo Li-ion Supplies Lithium Ion 270

Green Car Congress

NOVEMBER 22, 2022

LG Chem today has signed a memorandum of understanding (MOU) with the state of Tennessee to establish a new cathode manufacturing facility in Clarksville with an investment of US$3.2 LG Chem applied this technology for the first time to its fourth cathode manufacturing site in Cheongju, South Korea with much success.

Tennessee 259

Tennessee South Korea Building Renewable 259

Green Car Congress

JANUARY 9, 2021

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.

Chinese 305

Chinese South Korea North Carolina Tesla 305

Green Car Congress

FEBRUARY 8, 2022

The full-fledged facility, after installing the maximum number of mass-production lines through expansion, will have the capacity to manufacture 2,000 tons of its proprietary silicon anode materials NBMSiDE per year. The technology effectively scatters the stress from the Si anode, compensating the mechanical stress during long-term cycling.

Commercial 370

Commercial Lithium Ion Production South Korea 370

Green Car Congress

JANUARY 16, 2023

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. which offers customers a streamlined approach to energy storage system integration and a secure battery supply chain through LGES.

Energy 199

Energy Building Energy Storage Battery 199

Teslarati

AUGUST 4, 2022

LG Energy Solution (LGES)—the company’s dedicated cell subsidiary—plans to use 100% renewable energy in all its battery manufacturing plants worldwide by 2025. LGES stated in an ESG Report 2021 that it is working on converting all its manufacturing sites to RE100, including those located in South Korea, North America, Europe, China, etc.

Renewable 145

Renewable Manufacturer Energy Battery 145

Teslarati

MAY 10, 2024

Hyundai plans to construct an electric vehicle (EV) module plant in South Korea. Ulsan Mayor Kim Du-gyeom and Hyundai Mobis CEO Lee Gyu-suk attended the signing, reported the Korea Herald. Ulsan Mayor Kim Du-gyeom and Hyundai Mobis CEO Lee Gyu-suk attended the signing, reported the Korea Herald.

Hyundai 126

Hyundai South Korea Georgia Future 126

Green Car Congress

AUGUST 4, 2023

Nexeon has secured a site for its first commercial volume silicon anode material plant in Gunsan, South Korea, utilizing existing available land adjacent to materials company OCI ’s facilities. Through this contract, OCI will supply monosilane to Nexeon from 2025. Earlier post.) Earlier post.)

Commercial 150

Commercial Lithium Ion South Korea Production 150

Green Car Congress

JULY 25, 2023

Group14 Technologies, a manufacturer and supplier of advanced silicon battery technology, has acquired advanced silicon material company Schmid Silicon Technology Holding GmbH (Schmid Silicon), the most technologically advanced silane producer in Europe.

South Korea 150

South Korea Lithium Ion Germany Washington 150

Teslarati

OCTOBER 27, 2021

Tesla, LG Energy, and Samsung are among a group of large battery manufacturers that have been invited to a recruitment summit by India, which wants to encourage cell production efforts to enter its market to develop a domestic supply chain for clean transportation and electric vehicles. The country is prepared to offer $2.4

India 145

India Manufacturer Battery Batteries 145

Green Car Congress

AUGUST 23, 2021

COVID-19 Still Impacting Supply Chain. Unlike the capacity constraints in wafer fabs, which was impacting mainly automotive MCUs, assembly capacity constraints impact all semiconductor types including sensors, power supplies and discretes. Output lost to disruption to the semiconductor supply chain is estimated to have reached 1.44

Light 186

Light Supplies Global Malaysia 186

Green Car Congress

JUNE 23, 2021

Lithium-ion battery manufacturing has been dominated by East Asia, with Japan, China, and South Korea playing a significant role. US and European countries are now competing, shifting the added values away from East Asia and building battery manufacturing close to the application market.

Market 418

Market Battery Batteries Li-ion 418

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

South Korea 231

South Korea Hyundai Engine Building 231

Green Car Congress

MARCH 24, 2022

and LG Energy Solution (LGES) have executed binding, definitive agreements to establish the first large-scale, domestic, electric-vehicle battery manufacturing facility in Canada. billion USD) to establish operations, which will include an all-new battery manufacturing plant located in Windsor, Ontario, Canada. Stellantis N.V.

Canada 199

Canada North America South Korea Energy 199

Green Car Congress

JANUARY 31, 2023

South Korea-based POSCO Chemical signed a contract to supply Samsung SDI with high-nickel NCA cathode materials for electric vehicle batteries for 10 years from this year to 2032. This 40-trillion won ($32.6-billion) billion) contract is the largest and longest-term order since the creation of POSCO Chemical.

South Korea 199

South Korea Battery Batteries Supplies 199

Green Car Congress

JUNE 29, 2021

Comparatively, EV manufacturing has increased at a faster rate in China, which made up 44% of global EVs manufactured through 2020, up from 36% in 2017. Similarly, European manufacturing accounted for 25% of global EVs through 2020, up from 23% in 2017. million (or about 10%) are slated to be manufactured in US.

Global 397

Global Production 2020 South Korea 397

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.). Hyundai Oilbank.

Saudi Arabia 223

Saudi Arabia South Korea Carbon Fiber Hyundai 223