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South Korea welcomes US decision to extend use of Chinese graphite in EVs – ET Auto

Baua Electric

South Korea on Wednesday welcomed a US decision to extend automakers’ eligibility for electric vehicle tax credits for cars containing Chinese graphite through 2026. The ministry said South Korean battery makers, including LG Energy Solution, Samsung SDI and SK On that attended the meeting, welcomed the reprieve.

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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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Hyundai, Kia join China’s Baidu to develop connected cars – ET Auto

Baua Electric

The South Korean companies will seek to find new business models harnessing artificial intelligence technologies with the Chinese counterpart as well. The South Korean companies will seek to find new business models harnessing artificial intelligence technologies with the Chinese counterpart as well, they added.

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Panasonic’s battery unit misses annual profit estimate – ET Auto

Baua Electric

Chinese battery makers grew faster than rivals to account for more than two-thirds of global EV battery capacity last year, according to data from consultancy Counterpoint Research. Panasonic Energy faces fierce competition from other Asian battery makers such as China’s CATL and South Korea’s LG Energy Solution.

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SK IE Technology to supply separators for EV batteries to Sunwoda

Green Car Congress

This marks SKIET’s first large-scale supply of EV battery separators to a Chinese EV battery manufacturer. Sunwoda’s major customers for its batteries include Geely Auto Group, Dongfeng Cummins Engine Co., In addition, they plan to build a mid-to-long term strategic cooperative relationship in the Chinese electric vehicle market.

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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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Solid state: EV giants chase ‘holy grail’ of batteries – ET Auto

Baua Electric

Chinese EV maker Nio has commercialized 150 kilowatt hour (kWh) semi-solid-state batteries for its EVs, manufactured by Beijing Welion New Energy, which have a range of up to 1,000 km. South Korea’s LG Energy Solution said last year it aimed to develop polymer-based and sulfide-based solid state batteries by 2026 and 2030 respectively.