Teslarati

NOVEMBER 22, 2022

South Korea’s presidential office revealed that President Yoon Suk-Yeol and Elon Musk conversed about Tesla in a video call on Wednesday, November 23. During the video call, Elon Musk reportedly told President Yoon that he considered South Korea one of the top candidates for a Tesla factory in Asia, reported Reuters.

South Korea 98

South Korea Tesla Canada Asia 98

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 Batteries Battery 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 99

South Korea Kia Hyundai Production 99

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

Green Car Congress

JUNE 29, 2021

The ICCT study finds that the United States’ share of cumulative global EV production decreased from 20% to 18% since 2010 and only 15% of the approximately $345 billion in global automaker EV investments are flowing to the US. Similarly, European manufacturing accounted for 25% of global EVs through 2020, up from 23% in 2017.

Global 397

Global Production 2020 South Korea 397

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. SK Signet is based in South Korea with US headquarters in McLean, Virginia. SK Signet Inc.,

Supplies 150

Supplies Charging South Korea Energy 150

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. Global Light Vehicle Production Forecast Implications. This represents an 8.3%

Light 186

Light Supplies Global Malaysia 186

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

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 Electric Electrical 243

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 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.

Building 199

Building Energy Batteries Battery 199

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

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 127

Renewable Manufacturer Energy Batteries 127

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

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 Batteries Battery Supplies 199

CN EV Post

MARCH 30, 2023

CATL and BYD remained the top two players in the global EV battery market in the first two months, with the former's share remaining stable and the latter rising. percent from the previous year, according to data released today by South Korean market research firm SNE Research. percent share, South Korea's SK On was fifth with 5.5

BYD 109

BYD Global Market Batteries 109

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

JUNE 23, 2021

Major solid-state battery players globally. Lithium-ion battery manufacturing has been dominated by East Asia, with Japan, China, and South Korea playing a significant role. New material selection and change of manufacturing procedures show an indication of a reshuffle of the battery supply chain.

Market 418

Market Batteries Battery Li-ion 418

Green Car Congress

NOVEMBER 13, 2022

As demand for electric vehicles (EVs) soars, spurred by government incentives and a push to decarbonize the transportation sector, the global battery industry is set to attract significant attention and investment. Today, about 14% of the global BAM feedstock is natural graphite, and 78% is synthetic. million tonnes last year.

Energy 195

Energy Batteries Battery South Korea 195

Baua Electric

FEBRUARY 1, 2024

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.

Hyundai 52

Hyundai All-Electric Supplies Europe 52

Green Car Congress

JANUARY 31, 2022

LGES is the second largest battery maker in the world with over 20% market share1 and supplies its products to leading global Original Equipment Manufacturers (OEMs). LGES is currently manufacturing lithium-ion batteries in Poland, US, China, and South Korea, and is looking at expanding its production capacity.

Energy 150

Energy South Korea Poland Lithium Ion 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 144

India Manufacturer Batteries Battery 144

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

JULY 31, 2019

Global cumulative energy storage installations. The report goes on to model the impact of this on a global electricity system increasingly penetrated by low-cost wind and solar. Just 10 countries are on course to represent almost three quarters of the global market in gigawatt terms, according to BNEF’s forecast.

Energy Storage 225

Energy Storage Grid Global Energy 225

Baua Electric

DECEMBER 11, 2023

Semiconductor Manufacturing International Corporation (SMIC) has been making significant strides in the semiconductor industry and has aspirations to become a global player. SMIC, being a major semiconductor foundry based in China, has invested heavily in research and development to enhance its manufacturing capabilities.

Industrial 52

Industrial Industry Global Mali 52

Green Car Congress

JULY 7, 2021

Hyundai Motor Group (the Group) announced that five key affiliate companies, including Hyundai Motor Company and Kia Corporation, will join Climate Group’s RE100 , a global initiative committed to moving toward 100% renewable energy. each will submit applications to the Korea RE100 Committee later this month.

Hyundai 321

Hyundai Renewable Climate Slovakia 321

Green Car Congress

MARCH 18, 2017

Global energy-related carbon dioxide emissions were flat for a third straight year in 2016 even as the global economy grew, according to the International Energy Agency. Global emissions from the energy sector stood at 32.1 The data signal a continuing decoupling of emissions and economic activity.

Economy 199

Economy 2016 Global Emissions 199

Green Car Congress

APRIL 18, 2020

IHS Markit is forecasting that global commercial vehicle production (GVW 4-8) volumes in 2020 compared to 2019 will be down 22% (more than 650,000 units) to 2.6 These forecasts are informed by the latest IHS Markit global economic forecast updates, which reflect a 3.0% decline in global real GDP in 2020.

2020 191

2020 Commercial Global Production 191

Green Car Congress

JULY 15, 2021

SK Siltron CSS, a semiconductor wafer manufacturer, plans to invest $300 million and create up to 150 high-paying, skilled jobs in Bay County, Mich., over the next three years to provide manufacturing and R&D capabilities of advanced materials for electric vehicles. to join its existing site in nearby Auburn, Mich.

Michigan 150

Michigan Power Powered South Korea 150

Teslarati

JANUARY 27, 2022

It is now the third-most valuable company in South Korea after Samsung Electronics Co Ltd (005930.KS) KS), according to The Korea Times. LG Energy Solution’s IPO is the largest equity fund raising in South Korea since Alibaba raised $12.9 LG Energy Solution commands more than 20% of the global EV battery market.

South Korea 106

South Korea Energy Chinese General Motors 106

Green Car Congress

MARCH 12, 2022

Benchmark’s Tier One producers of automotive-grade lithium-ion battery cells—as of its February 2022 assessment—are: Panasonic (Japan); Samsung SDI and SK Innovation (South Korea); Envision AESC, CATL, and BYD (China). Benchmark cautions that capacity does not necessarily equal reliable supply for the EV industry.

Lithium Ion 397

Lithium Ion Poland Sweden Hungary 397

Green Car Congress

DECEMBER 9, 2020

The Green Hydrogen Catapult aims to align the production and use of green hydrogen with a trajectory that displaces fossil fuels at a rate consistent with achieving net zero global emissions by 2050, and limiting global temperature increases to 1.5 degrees Celsius. —Marco Alverà, CEO of Snam.

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Green Hydrogen Companies Saudi Arabia 321

Get Electric Vehicle

JULY 15, 2021

Lithium-ion batteries are imported into India from China, Japan, and South Korea. To encourage in-house manufacturing, the government has announced a large PLI for the lithium-ion battery industry, many companies, such as Tata Chemicals, Exide, Amara Raja, have expressed interest in receiving benefits under this scheme.

Lithium Ion 98

Lithium Ion India Manufacturer Li-ion 98

Green Car Congress

DECEMBER 11, 2018

Aligned with the roadmap, Hyundai Motor Group (The Group) will boost its annual fuel-cell systems production capacity to 700,000 units by 2030 and explore new business opportunities to supply its fuel-cell systems to other transportation manufacturers of automobiles, drones, vessels, rolling stocks and forklifts.

Hyundai 207

Hyundai Fuel Motor Motors 207

Cars That Think

MARCH 28, 2023

One looming artifact of the pandemic that remains in 2023—the global chip shortage —has gratefully begun to recede. Unlike the state of things in mid 2021—when crimps in the semiconductor supply chain cropped up in big ways—supply and demand have become much less of a mismatch.

South Korea 131

South Korea Auto Industry United States Supplies 131