Remove Auto Remove Motor Remove Motoring Remove South Korea
article thumbnail

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. SK) and LG Corporation.

article thumbnail

Hyundai Motor to invest $85B over next 10 years to accelerate transition to smart mobility provider

Green Car Congress

At an Investor Day event in Seoul, Hyundai Motor said that it will accelerate its transition toward becoming a smart mobility solution provider by securing a large-scale investment of KRW 109.4 In the existing system, auto parts can only be shared among vehicles that share the same platform. trillion (US$27.8 Production.

Hyundai 284
article thumbnail

Hyundai Motor CES exhibits envision transition to hydrogen energy, SDV solutions – ET Auto

Baua Electric

Hyundai Motor committed to achieving carbon neutrality by 2045 and continues to make efforts to reduce carbon in all areas of the value chain. Hyundai Motor Company is showcasing future technologies from across Hyundai Motor Group (the Group) at CES 2024 in Las Vegas from January 9–12.

Hyundai 52
article thumbnail

Hyundai Motor and Kia sign MoU with Exide Energy for EV expansion in India – ET Auto

Baua Electric

This strategic cooperation with Exide Energy marks the beginning of Hyundai Motor and Kia’s efforts to expand its exclusive battery development, production, supply and partnerships in the Indian market. New Delhi: Hyundai Motor and Kia sign MoU with Exide Energy as part of their electric vehicle (EV) expansion plans.

India 40
article thumbnail

SK Innovation considering sale of battery materials unit SKIET – ET Auto

Baua Electric

South Korea’s SK Innovation is considering selling its subsidiary SK IE Technology ( SKIET ) to restructure its battery business, the Maeil Business newspaper reported on Wednesday. SK On, whose clients include Ford Motor, Volkswagen and Hyundai Motor, widened its operating loss to 332 billion won in the first quarter from 18.6

Auto 52
article thumbnail

CEO Mary Barra & General Motors Make Sure The Greenius Is Rewarded For His Many Years Of EV Advocacy

Creative Greenius

At the same time Chevrolet announced their new Bolt EV with a 238 mile range and even though GM was the one who killed the EV1 electric car and General Motors was one of the worst run corporations on the planet, I decided to give the new government-rescued GM a chance. But I needed to see and feel the car for myself.

article thumbnail

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.