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South Korea EV registration jumps in 2022

Teslarati

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.

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SK On, EcoPro Materials and GEM to build battery precursor plant in South Korea

Green Car Congress

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 The three companies together will spend up on 1.21

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

Green Car Congress

and global economies with businesses and manufacturers having to close doors and furlough employees, the global trade markets plummeted to an 11-year low of 41.5% As manufacturers set to ramp product back up to produce everything from automobiles, airplanes and construction tools, they will begin to return to normal production cycles.

Supplies 380
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SK IE Technology to supply separators for EV batteries to Sunwoda

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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
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Hyundai to begin production of Casper mini EV for Europe in July: report

Teslarati

Hyundai is reportedly looking to launch an affordable electric version of its Casper mini SUV in Europe later this year, which is expected to rival other small electric vehicles (EVs) in the market. Hyundai is currently building a new EV factory in South Korea , which broke ground in November and is expected to cost around $1.5

Hyundai 109
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CATL seen constructing new battery production facility in China

Teslarati

CATL is continuing to expand battery production in China as it looks to maintain its grip on the battery cell market. But as competitors look to establish new production in the U.S., Europe, and South Korea, CATL has doubled down on its home market of China. Shoot me an email at william@teslarati.com.

China 98
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Rystad Energy: Synthetic graphite key to meeting battery demand surge, despite ESG concerns

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The cathode market is expected to experience a similar surge. However, by 2025, accelerated by increased demand and the ability to ramp up synthetic production quicker and more efficiently than natural production, synthetic graphite’s market share is expected to reach 87%. million tonnes last year.

Energy 195