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SES expands in South Korea to facilitate commercialization of Li-metal batteries

Green Car Congress

Boston-based SES AI Corporation, a developer of high-performance lithium-metal (Li-Metal) rechargeable batteries for electric vehicles and other applications, has incorporated its subsidiary SES Korea and plans to build a pre-production facility in South Korea. It’s all about speed and winning the race. SK) and LG Corporation.

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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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Hyundai expands EV investment to parts and chips

Teslarati

Hyundai Mobis expanded its electric vehicle (EV) investments to auto parts and chips. Hyundai Mobis is Hyundai Motor Group and South Korea’s leading auto parts maker. Mitchell Yun, from Mobis Ventures Silicon Valley, announced that Hyundai Mobis would expand EV investments in auto parts this year.

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SK Innovation considering sale of battery materials unit SKIET – ET Auto

Baua Electric

South Korea’s SK Innovation is considering selling its subsidiary SK IE Technology ( SKIET ) to restructure its battery business, the Maeil Business newspaper reported on Wednesday. SK On, whose clients include Ford Motor, Volkswagen and Hyundai Motor, widened its operating loss to 332 billion won in the first quarter from 18.6

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Hyundai Mobis to expand investment in EV parts, automotive chips – ET Auto

Baua Electric

New Delhi: Hyundai Mobis , South Korea’s leading auto parts maker, has said it plans to boost its investment in electric vehicle (EV) parts and automotive chips this year. Such projects will make up around 70% of its total investment, rising sharply from the current 50%, he added.

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Hyundai Motor CES exhibits envision transition to hydrogen energy, SDV solutions – ET Auto

Baua Electric

Hyundai Motor committed to achieving carbon neutrality by 2045 and continues to make efforts to reduce carbon in all areas of the value chain. Hyundai Motor Company is showcasing future technologies from across Hyundai Motor Group (the Group) at CES 2024 in Las Vegas from January 9–12.

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Hyundai Motor and Kia sign MoU with Exide Energy for EV expansion in India – ET Auto

Baua Electric

This strategic cooperation with Exide Energy marks the beginning of Hyundai Motor and Kia’s efforts to expand its exclusive battery development, production, supply and partnerships in the Indian market. New Delhi: Hyundai Motor and Kia sign MoU with Exide Energy as part of their electric vehicle (EV) expansion plans.

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