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SolarEdge, Kokam open 2GWh cell plant in South Korea

Green Car Congress

Located in the Eumseong Innovation City of Chungcheongbuk-Do, South Korea, Sella 2 is currently producing test cells for certification, with ramp-up expected during the second half of 2022. SolarEdge was established in 2006; it acquired Kokam, a provider of Lithium-ion battery cells, batteries and energy storage solutions, in 2018.

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South Korea increases its emissions reduction goal to 40% of 2018 levels by 2030

Electrek

South Korea today announced its commitment to slash its emissions by 40% of 2018 levels by 2030, compared to an initial 26.3% more… The post South Korea increases its emissions reduction goal to 40% of 2018 levels by 2030 appeared first on Electrek. goal that the country set in 2020.

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POSCO to invest $830M in lithium hydroxide plant in Argentina

Green Car Congress

South Korea-based steelmaker POSCO will invest US$830 million in a lithium hydroxide plant in Argentina. POSCO bought lithium mining rights in Argentina from Australian lithium miner Galaxy Resources for $280 million in 2018. The plant will be constructed by the first half of 2024. Initially, POSCO estimated that the site had 2.2

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POSCO begins construction of S Korea’s first lithium hydroxide plant

Green Car Congress

The subsequent production of lithium hydroxide will take place in South Korea. In 2018, POSCO Holdings acquired a package of tenements from Galaxy Resources in the Salar de Hombre Muerto in Argentina in order to secure lithium preemptively. POSCO developed its own extraction technology for lithium in 2010.

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SK On signs MOU with Global Lithium Resources to bolster key battery materials supply chain

Green Car Congress

South Korea-based SK On (SKO), a global EV battery manufacturer, signed a Memorandum of Understanding (MOU) with Australia’s Global Lithium Resources to explore future business opportunities together in regard to stable supply of lithium. Incorporated in 2018, Global Lithium was listed on the Australian Stock Exchange last year.

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SK On to invest up to KRW 1.5T (US$1.1B) in battery manufacturing expansion in Seosan City

Green Car Congress

billion) investment in its domestic battery production base in Seosan, South Korea, paving the way for the completion of a core infrastructure that will fortify Korea’s domestic electric vehicle battery industry. SK On will make a KRW 1.5-trillion trillion (US$1.1-billion) After establishing a 200 MWh (0.2

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BloombergNEF expects 40% growth in global EV sales in 2019; 2.6M vehicles, 1.5M in China

Green Car Congress

This will represent around a 40% growth rate, down from the 70% growth rate in 2018. The Tesla Model 3 surge boosted 2H 2018 sales but the momentum will be difficult to maintain unless a lower-cost model can be introduced quickly, BNEF said. Sales in Japan and South Korea combined should be around 100,000.

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