Green Car Congress

JULY 25, 2023

Li-ion battery recycling technology company Aqua Metals ( earlier post ) entered into a strategic partnership with Yulho Co., a storage solution and battery materials company based in South Korea.

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South Korea Batteries Battery Li-ion 150

Teslarati

NOVEMBER 22, 2022

South Korea’s presidential office revealed that President Yoon Suk-Yeol and Elon Musk conversed about Tesla in a video call on Wednesday, November 23. During the video call, Elon Musk reportedly told President Yoon that he considered South Korea one of the top candidates for a Tesla factory in Asia, reported Reuters.

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South Korea Tesla Canada Asia 98

Green Car Congress

MAY 3, 2023

SK IE Technology (SKIET) signed an MOU with Sunwoda , the 9 th largest battery manufacturer in terms of global market share (according to SNE Research in 2022), to strengthen cooperation in supplying battery separators. This marks SKIET’s first large-scale supply of EV battery separators to a Chinese EV battery manufacturer.

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Supplies Batteries Battery South Korea 199

Green Car Congress

JANUARY 22, 2021

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. It is also much more technologically mature and lower cost than Li-ion.

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NiMH Li-ion Toyota Hybrid 412

Green Car Congress

JULY 20, 2021

Group14 Technologies, a global provider of silicon-carbon composite materials for lithium-ion markets, and SK materials, one of the world’s top manufacturers of special gases and industrial gases, are forming a joint venture to build a factory for lithium-silicon battery materials in South Korea.

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South Korea Lithium Ion Building Li-ion 221

Teslarati

APRIL 3, 2024

LG Energy Solution (LGES) plans to start hiring workers for the Arizona battery manufacturing complex by the end of 2024. billion battery manufacturing complex. LGES added that it Tesla 4680 battery production by LG starting later this year LGES is building two manufacturing facilities in Arizona.

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Arizona South Korea Manufacturer Energy 97

CN EV Post

MARCH 30, 2023

CATL and BYD remained the top two players in the global EV battery market in the first two months, with the former's share remaining stable and the latter rising. In January and February, the total battery consumption of EVs registered in each country was about 75.2 CATL's battery installed base in January-February was 25.5

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BYD Global Market Batteries 134

Green Car Congress

JANUARY 31, 2023

South Korea-based POSCO Chemical signed a contract to supply Samsung SDI with high-nickel NCA cathode materials for electric vehicle batteries for 10 years from this year to 2032. Cathode materials account for more than 40% of the cost of the battery and are key materials that determine capacity and output.

South Korea 199

South Korea Batteries Battery Supplies 199

Green Car Congress

JANUARY 16, 2023

Hanwha Group and LG Energy Solution (LGES) will invest in building battery production facilities in the United States. The two companies signed a memorandum of understanding in Seoul for comprehensive battery business cooperation for ESS (energy storage systems) and other clean-tech energy solutions.

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Building Energy Batteries Battery 199

Green Car Congress

JULY 9, 2023

Korea) of the country’s first lithium hydroxide plant, which will produce secondary battery materials using lithium produced from brine in Argentina. The subsequent production of lithium hydroxide will take place in South Korea. POSCO developed its own extraction technology for lithium in 2010.

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Argentina South Korea South America Financing 369

Green Car Congress

AUGUST 24, 2023

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)

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Manufacturer South Korea Batteries Battery 150

Green Car Congress

NOVEMBER 13, 2022

As demand for electric vehicles (EVs) soars, spurred by government incentives and a push to decarbonize the transportation sector, the global battery industry is set to attract significant attention and investment. On the back of this, demand for battery cathodes and anodes is also set to rocket. million tonnes last year.

Energy 195

Energy Batteries Battery South Korea 195

Green Car Congress

MARCH 4, 2021

In the last year, there has been an explosive need for EV batteries. 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% New Tungsten Production Will Open the Global Supply Chain. Should the U.S. government.

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Supplies Global South Korea Production 380

Green Car Congress

MAY 3, 2019

The global battery energy storage market will to grow to $13.13 Asia-Pacific (APAC) and EMEA will be the dominant markets for battery energy storage systems over the forecast period 2019-2023. The US market for battery energy storage is estimated to reach $2.96bn in 2023, accounting for 23% of the global market.

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Energy Storage Global Market Energy 223

Green Car Congress

OCTOBER 24, 2022

The new entity produces and markets Lioaccum carbon nanotube (CNT) conductive dispersions for lithium-ion battery cathodes specifically developed for electric vehicles (EVs). Mass production at the Ujhartyan Factory, which employs 30 people, started in July 2022.

Hungary 170

Hungary Li-ion Supplies South Korea 170

Green Car Congress

DECEMBER 15, 2022

Group14 Technologies, a global manufacturer and supplier of advanced silicon battery technology, raised $214 million in additional financing from a consortium including Microsoft’s Climate Innovation Fund, Lightrock Climate Impact Fund, Moore Strategic Ventures, Oman Investment Authority, and Molicel. Earlier post.) Earlier post.)

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Lithium Ion Oman Batteries Battery 150

Green Car Congress

DECEMBER 4, 2018

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. SK Innovation has applied high energy density ternary materials to lithium-ion batteries for mass production.

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Georgia Manufacturer Building Lithium Ion 285

Green Car Congress

MAY 30, 2017

Samsung SDI has completed construction of its electric vehicle (EV) battery plant in Hungary. Sitting on a 330,000 m 2 site in Goed, the plant is capable of producing batteries for 50,000 electric vehicles annually with operations expected to begin in the second quarter of next year.

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Hungary Global South Korea Batteries 170

EV Specifications

JUNE 28, 2023

LG Chem announced in South Korea that it has started mass production of high-nickel single-particle (single crystal) cathode materials for next-generation EV batteries at its Cheongju cathode material plant in June. The first batch of products will be sent to global customers in July.

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South Korea Batteries Battery Production 83

Teslarati

MARCH 15, 2024

LG Energy Solution (LGES) is planning to invest in NCMA (nickel-cobalt-manganese, aluminum) and LFP (lithium-iron-phosphate) batteries to strengthen its portfolio. On Thursday, March 14, the South Korean battery supplier reported that it invested over 1 trillion won ($760 million) in research and development (R&D) last year.

Energy 74

Energy South Korea Batteries Battery 74

Green Car Congress

JULY 26, 2023

Hyundai Motor Group announced the inauguration of its Joint Battery Research Center with Seoul National University (SNU). This collaborative effort between the Group and SNU aims to advance battery technologies and foster industry-academia cooperation to establish global leadership in the battery field.

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Universal Hyundai Motor Motors 150

Green Car Reports

AUGUST 21, 2021

The Genesis GV60—the Hyundai luxury brand's first dedicated electric vehicle, due next year—is shaping up to offer a technology first: It will be one of the first global-market EVs with original-equipment wireless charging.

South Korea 214

South Korea Charging Hyundai Batteries 214

Green Car Congress

NOVEMBER 5, 2022

The Electrified GV70 is the third electric vehicle added to the Genesis lineup; its global premier was at Auto Guangzhou 2021. This is the first Genesis model to be built in the United States and the first Genesis production to take place outside of South Korea. Earlier post.).

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Los Angeles South Korea Alabama United States 420

Green Car Congress

NOVEMBER 8, 2021

is expanding its strategic plan to provide battery-grade nickel and cobalt, recycled battery materials and precursor material to the North American battery supply chain. will change its name to Electra Battery Materials Corporation. Canada-based First Cobalt Corp. To better reflect the company’s vision, First Cobalt Corp.

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Batteries Battery North America Lithium Ion 170

Teslarati

JANUARY 10, 2022

South Korea-owned LG Energy Solution, which currently stands as the world’s second-largest electric vehicle battery maker after China’s Contemporary Amperex Technology (CATL), is looking to raise $11 billion as part of its efforts to play a larger role in the electric vehicle battery market.

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South Korea Energy Batteries Battery 143

Green Car Congress

MAY 7, 2018

The Nikkei reports that Leading Japanese manufacturers have teamed up with the government in a program to develop solid-state batteries. The new program teams the Consortium for Lithium Ion Battery Technology and Evaluation Center ( Libtec ) with companies such as Toyota Motor and Panasonic.

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Japan South Korea Batteries Battery 207

Green Car Congress

FEBRUARY 25, 2021

Hyundai Motor Company recently signed a memorandum of understanding (MOU) to work with the South Korean government as well as logistics, battery and mobility companies to demonstrate the electric vehicle (EV) battery leasing business. KST Mobility then pays a monthly fee for battery usage.

Hyundai 221

Hyundai Industrial Industry Batteries 221

Green Car Congress

FEBRUARY 10, 2022

an automotive manufacturer headquartered in South Korea, to manufacture Faraday Future’s second electric vehicle, the FF 81, with start of production scheduled for 2024. Located near Seoul, South Korea, Myoung Shin is a parts supplier and automotive manufacturer for numerous first tier OEMs.

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South Korea Future Production Manufacturer 333

Green Car Congress

NOVEMBER 22, 2022

The new Clarksville plant will be the largest of its kind in the United States, covering 420 acres with a production target of 120,000 tons of cathode material annually by 2027 to power batteries in 1.2 LG Chem applied this technology for the first time to its fourth cathode manufacturing site in Cheongju, South Korea with much success.

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Tennessee South Korea Building Renewable 259

CN EV Post

APRIL 4, 2023

Image credit: Samsung SDI) Samsung SDI, South Korea's third-largest battery maker, has opened a new battery research and development center in China to boost its technological competitiveness. Samsung SDI is the sixth largest battery maker in the world, with a 4.9 CATL continued to rank No. percent and 5.5

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Batteries Battery South Korea Boston 89

Green Car Congress

JUNE 29, 2021

The ICCT study finds that the United States’ share of cumulative global EV production decreased from 20% to 18% since 2010 and only 15% of the approximately $345 billion in global automaker EV investments are flowing to the US. Similarly, European manufacturing accounted for 25% of global EVs through 2020, up from 23% in 2017.

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Global Production 2020 South Korea 397

Green Car Congress

NOVEMBER 4, 2022

Qorvo, a global provider of connectivity and power solutions, and SK Siltron CSS, a semiconductor wafer manufacturer, finalized a multi-year supply agreement for silicon carbide (SiC) bare and epitaxial wafers.

Supplies 199

Supplies South Korea Global Battery Powered 199

Teslarati

JULY 14, 2021

LG Chem plans to invest 6 trillion KRW ($5 billion) to produce EV battery materials for separators, cathodes, anodes, and other key elements. On Wednesday, LG Chem’s CEO Hak Cheol announced the company’s plans to grow into the world’s largest comprehensive battery materials producer.

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Batteries Battery South Korea Tesla 144

Teslarati

AUGUST 4, 2022

LG Energy Solution (LGES)—the company’s dedicated cell subsidiary—plans to use 100% renewable energy in all its battery manufacturing plants worldwide by 2025. LGES stated in an ESG Report 2021 that it is working on converting all its manufacturing sites to RE100, including those located in South Korea, North America, Europe, China, etc.

Renewable 116

Renewable Manufacturer Energy Batteries 116

Green Car Congress

JANUARY 16, 2019

million electric vehicles to be sold globally in 2019. million units—around 57% of the global market. Broader macroeconomic factors (higher interest rates and slowing consumer spending) will also impact global sales. Sales in Japan and South Korea combined should be around 100,000.

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2019 Global Sale South Korea 392

Baua Electric

APRIL 11, 2024

Photo: Green Li-ion Green Li-ion has launched North America’s first commercial-scale plant to process unsorted battery waste, or “black mass,” from used lithium-ion batteries. The material is then exported overseas, most often to China and South Korea, for further processing.

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Li-ion North America America Oklahoma 52

Green Car Congress

MARCH 12, 2022

Europe has become the fastest growing region for new electric vehicle (EV) lithium-ion battery capacity outside of China, according to Benchmark Minerals. Benchmark will explore this topic at its upcoming Battery Megafactories Europe 2022 , 22-23 March, Berlin, Germany.). million EVs. Samsung SDI (Hungary): 20 GWh.

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Lithium Ion Poland Sweden Hungary 397