Baua Electric

NOVEMBER 13, 2024

China’s leading EV maker is set to drastically shake up the South Korean auto market. BYD officially announced plans to launch in South Korea with its low-cost EVs poised to challenge Hyundai and Kia on their home turf. On BYD’s Korea website, there is now a message saying “Hello Korea, Coming Soon.”

South Korea 52

South Korea Low Cost Kia BYD 52

Green Car Congress

JANUARY 22, 2022

Zhejiang Geely Holding Group and Renault Group have signed a cooperation agreement to launch all-new vehicle lineup for the South-Korean market. Renault-Samsung Motors (RSM) will manufacture Hybrid Electric and Internal Combustion Engine Vehicles in Busan for the local market and for export.

South Korea 210

South Korea Hybrid Building Vehicles 210

Teslarati

NOVEMBER 13, 2024

BYD will be facing Tesla in a new market: South Korea. The Chinese automaker recently announced it would enter South Korea’s passenger car market next year. BYD entered the South Korean market in 2016 with commercial vehicles like buses, forklifts, and trucks.

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BYD South Korea Market Tesla 103

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 92

South Korea Chinese Hydrogen PHEV 92

Green Car Congress

MARCH 26, 2023

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, South Korea. The three companies together will spend up on 1.21

South Korea 199

South Korea Building Indonesia Battery 199

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 142

South Korea Battery Batteries Energy 142

Green Car Congress

JANUARY 20, 2023

RecycLiCo Battery Materials (formerly American Manganese), has delivered samples of its battery-grade lithium carbonate and lithium hydroxide to battery manufacturers in Japan and South Korea.

South Korea 170

South Korea Japan Manufacturer Carbon 170

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.

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South Korea China Market Hybrid 321

Electrek

FEBRUARY 9, 2022

Southern California EV startup Faraday Future has shared news of a new partnership with South Korean automotive manufacturer Myoung Shin to produce its FF81 mass-market EV. more… The post Faraday Future announces partnership with Myoung Shin to manufacture mass-market FF81 EV in South Korea?

South Korea 84

South Korea Future Manufacturer Market 84

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.

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Hydrogen South Korea Market Energy 386

The Truth About Cars

DECEMBER 18, 2020

Hyundai Motor Company will end sales of its best-selling electric vehicle, the Kona EV, after a series of fires and faulty braking systems prompted mass recalls in South Korea. According to Reuters, Hyundai was reviewing the end of Kona EV sales in South Korea, while an unidentified source said sales would continue in Europe.

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South Korea Hyundai Sale Europe 98

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)

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Volvo South Korea Production Battery 396

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 Kia has an exciting new model in the EV6 , which has plans to be produced sometime next year and will compete with the many vehicles in the widely-popular SUV market.

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South Korea Kia Hyundai Production 100

EV Specifications

MAY 14, 2024

The new Kia EV6 debuted today in South Korea and Kia has even opened the pre-order books in the local market. The first deliveries are expected to happen in June. The vehicle has a refreshed design.

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South Korea Kia Design Light 59

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

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

AUGUST 26, 2013

Market demand continues to grow in line with new down-sized engines and government regulation for fuel consumption and exhaust emissions. The Vehicular Turbocharger business unit of IHI Group is already the leading in Asian markets, including China, Japan and Thailand, the company claims.

South Korea 210

South Korea Hyundai Thailand Asia 210

Green Car Congress

NOVEMBER 5, 2022

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. The first public showing of the Electrified GV70 in the US market will take place during the LA Auto Show from 18-27 November at the Los Angeles Convention Center.

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Los Angeles South Korea Alabama United States 420

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

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

CleanTechnica EVs

MARCH 16, 2024

Turin, Italy and Seoul, South Korea — Hyundai Motor Company and Iveco Group (EXM: IVG) are strengthening their partnership to drive innovation in the commercial vehicle sector.

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Hyundai South Korea Motoring Motors 113

Electrek

MAY 24, 2024

A recent report out of South Korea states that Hyundai Motor Group is beginning development of a new hydrogen fuel cell EV supercar based on its N Vision 74 concept from a couple of years ago. The Korean automaker is working on a development mule ahead of planned production in 2026.

South Korea 122

South Korea Hyundai Concept Hydrogen 122

Teslarati

JULY 8, 2024

The Kaizuyu Data Research Institute released a report on July 7 stating that Tesla sold a total of 10,041 units in South Korea in the first half of the year. The Tesla Model Y surpassed the sales of luxury brands Mercedes-Benz and BMW in H1 2024, shaking up the structure of South Korea’s top-selling car brands.

South Korea 136

South Korea Tesla BMW Mercedes 136

InsideEVs

JUNE 20, 2023

The three-row electric SUV starts around $60,800 in its home market.

South Korea 140

South Korea Kia SUV Market 140

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

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. The plant will be constructed by the first half of 2024.

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Argentina South Korea 2018 2017 334

Electrek

JANUARY 22, 2022

Chinese automotive giant and Volvo/Polestar parent company, Geely, has signed an agreement with the French Renault Group to launch a new collaboration intended to bring fuel-efficient hybrid electric cars to South Korea, as well as export sales into other Asian markets. Korean car market, together appeared first on Electrek.

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South Korea Market Volvo Cars 138

Electrek

SEPTEMBER 5, 2024

The Japanese government will help as it aims to establish a domestic supply chain while moving away from China and South Korea, which currently dominate the market. Toyota and Nissan are among several Japanese companies that will invest $7 billion (1 trillion yen) to boost the nation’s EV battery output.

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South Korea Nissan Toyota Battery 115

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.

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South Korea Future Production GM 186

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.

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South Korea Tesla Arizona United States 116

Green Car Congress

DECEMBER 23, 2020

The new company, tentatively called LG Magna e-Powertrain, combines Magna’s strength in electric powertrain systems and world-class automotive manufacturing with LG’s expertise in component development for e-motors and inverters, accelerating both partners’ growth in the electric powertrain market.

Market 186

Market South Korea United States Chevrolet 186

InsideEVs

JULY 15, 2021

Tesla Model 3 is the best-selling model in the country, but Hyundai Ioniq 5 is ramping up.

South Korea 142

South Korea Market Tesla Hyundai 142

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 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

JULY 9, 2023

The subsequent production of lithium hydroxide will take place in South Korea. A pilot plant was manufactured in South Korea in 2017 with a capacity of 2,500 tons / year of lithium; this was then brought to and installed in Argentina. POSCO developed its own extraction technology for lithium in 2010.

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Argentina South Korea South America Financing 369

Teslarati

OCTOBER 19, 2021

Tesla has brought its new CCS adapter to the Korean market, which is currently the only market that it is available. The addition of the CCS adapter is advantageous for owners in markets where Superchargers are not plentiful as of yet. ” CCS1 adapter now available in South Korea at [link].

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South Korea Market North America Tesla 140

CleanTechnica EVs

AUGUST 14, 2024

Following the feedback of many of our readers, this time I have created something different, a markets roundup article! The article highlights the main EV markets and brings to the limelight a few others that are usually under the radar. Please note that some markets include estimates, so if you.

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Market New Zealand South Korea UAE 142