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SES expands in South Korea to facilitate commercialization of Li-metal batteries

Green Car Congress

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 South Korea. It’s all about speed and winning the race.

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ABB to provide power and propulsion solution for 10 all-electric ferries

Green Car Congress

ABB has secured a contract with Spanish shipbuilder Astilleros Gondán to supply the all-electric power solution for fast 40-meter urban passenger ferries transporting up to 540 passengers each across Lisbon’s Tagus river. The new ferries will be powered by battery packs with a total capacity of 1,860 kWh each.

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LG Chem to invest $3.2B to build NCMA cathode plant in Tennessee; 120,000 tpa

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The new Clarksville plant will be the largest of its kind in the United States, covering 420 acres with a production target of 120,000 tons of cathode material annually by 2027 to power batteries in 1.2 million pure electric vehicles with a range of 310 miles (500 km) per charge.

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Hyundai Motor Group affiliates to join Climate Group’s RE100, aim to expand renewable energy use

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each will submit applications to the Korea RE100 Committee later this month. While all five companies aim to transition to 100% renewable energy by 2050, each will make independent efforts to achieve targets ahead of schedule, by as early as 2040, depending on energy supply and demand conditions at their respective overseas operations.

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Demand for key minerals to soar with growth of EVs – ET Auto

Baua Electric

The KEEI said South Korea should work to diversify its key mineral supply chain to lower its dependence on China as part of efforts to strengthen its competitiveness in the EV and secondary battery industries. As of 2022, South Korea had imported most nickel, manganese and cobalt supplies from China, according to the KEEI.

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Why New Production Sources of Tungsten Are Critical for Increased Global Supply

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All car manufacturers seem to be following in the same footsteps as Tesla. In fact, Jaguar plans to become an “all-electric luxury brand” by 2025 [ 1 ] as mentioned on ABCNews. With Sangdong at full production, Almonty will produce 30% of all tungsten outside of China and 7-10% of global supply. What’s more, U.S.

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Hyundai to supply all-electric LCV to Iveco Group in Europe | Autocar Professional

Baua Electric

Hyundai Motor Company and Iveco Group have signed a supply agreement of an Iveco-badged all-electric light commercial vehicle for Europe, based on Hyundai’s Global eLCV platform. The new vehicle will join Iveco Group’s electric light commercial vehicle lineup, enhancing the Group’s LCV portfolio alongside the iconic Iveco Daily.

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