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SOFC-maker Bloom Energy announces initial strategy for hydrogen market entry; partnership with SK

Green Car Congress

Solid-oxide-fuel-cell manufacturer Bloom Energy is entering the commercial hydrogen market by introducing hydrogen-powered fuel cells and electrolyzers that produce renewable hydrogen. Bloom’s technologies can be critical in enabling South Korea to execute on its government-mandated Hydrogen Economy Roadmap.

Hydrogen 386
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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.

Supplies 259
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IDTechEx: NiMH batteries still dominant in full hybrids, largely due to Toyota

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While the lithium-ion battery is dominant in battery-electric vehicles, NiMH batteries are still the most common in full hybrid vehicles (HEVs), according to a new report—“ Full Hybrid Electric Vehicle Markets 2021-2041 ”—from IDTechEx. Toyota is the ruling OEM in the global HEV car market, with more than 60% market share in 2019.

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SK Innovation to build $1.67B EV battery manufacturing plant in Georgia

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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. Construction will occur in two phases, beginning in early 2019. The new plant will be located in Jackson County, Georgia.

Georgia 285
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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. 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% in the April report for the Institute for Supply Management’s Manufacturing Index.

Supplies 380
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LG Energy Solution goes all-in on prismatic batteries

Teslarati

While it prepares for mass production, SK On is actively talking to clients about prismatic cell manufacturing. Samsung SDI has been the sole domestic supplier of prismatic cells in South Korea for some time, giving it an edge against LGES and SK On. In 2019, Prismatic batteries made up a 19% market share in Europe.

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LOTTE, Sumitomo of Americas and Syzygy Plasmonics to partner on photocatalytic cracking of ammonia to produce hydrogen

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The reactor will be installed and brought online in the second half of 2023 at LOTTE Chemical HQ facilities in Ulsan, South Korea. SCOA first invested in Syzygy in 2019 and since that time, the companies have worked together to deploy its technologies. Earlier post.). It breaks ammonia into hydrogen and nitrogen.

Hydrogen 413