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Tesla Model S & Model X make first appearance in South Korea

Teslarati

Now, Tesla has finally launched both of its top-of-the-line models in South Korea, with showings available at South Korean stores today. Tesla’s South Korea launch follows similar launches in Mainland China , the automaker’s second-largest market by revenue behind the United States. Tesla 제주 스토어 제외.

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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. year over year.

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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.

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Biden Admin. inundated with Inflation Reduction Act exemption requests

Teslarati

Japan, South Korea, France, Germany, and the EU have all requested exemptions from the Biden Administration’s “location of assembly” requirement for electric vehicle subsidies. Hence, an EV produced by Hyundai in South Korea or BMW in Germany, for instance, would not be given an incentive.

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South Korea’s Yoon pledges to extend tax benefits for chip investments – ET Auto

Baua Electric

“When I talk to heads of state, what I talk about most about South Korea is BTS and semiconductors,” Yoon told a meeting with chip industry officials and students, referring to the K-pop supergroup.

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Pilbara Minerals and China’s Ganfeng agree to study for lithium chemical plant – ET Auto

Baua Electric

Pilbara Minerals already has a joint stake with South Korea’s POSCO in a lithium hydroxide plant and a tie-up with Calix Limited for the construction of a midstream lithium chemicals demonstration plant in Western Australia.

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CATL seen constructing new battery production facility in China

Teslarati

Europe, and South Korea, CATL has doubled down on its home market of China. At the same time, CATLs closest rivals are expanding production of their own, mostly in South Korea and the U.S. What do you think of the article? But as competitors look to establish new production in the U.S.,

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