Green Car Congress

JUNE 9, 2021

South Korea-based EnerTech International is a leader in delivering lithium-ion cells using state-of-the-art manufacturing facilities to produce high-performance, large format batteries. Pre-production batteries have been built and tested using EnerTech’s existing lithium-ion battery manufacturing equipment.

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Lithium Ion South Korea Batteries Battery 435

Green Car Congress

AUGUST 25, 2022

FREYR Battery has awarded a strategic alliance frame agreement to South Korea-based Hana Technology. Hana Technology develops precision automation solutions for battery facilities and other industrial operations. We selected Hana Technology due to their proven track record with major Korean battery manufacturers.

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Batteries Battery South Korea Production 321

Green Car Congress

SEPTEMBER 30, 2022

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.

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Supplies Global South Korea Batteries 259

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.

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NiMH Li-ion Toyota Hybrid 412

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

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.

Supplies 199

Supplies Batteries Battery South Korea 199

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 100

Green Car Congress

MARCH 23, 2022

LGES’ expansion will quintuple the plant’s capacity to help produce battery components into the future as Michigan’s electric vehicle industry grows. billion to build Ultium Cell LLC’s third US battery cell plant in the city of Lansing and Delta Township, a joint venture between GM and LG. million; and.

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Michigan Energy Batteries Battery 334

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 joint investment will pave the way for Hanwha to lead the rapidly-growing energy storage market and future Urban Air Mobility business. They include enclosure, heat management and other balance of system.

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Building Energy Batteries Battery 199

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.

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South Korea Batteries Battery Supplies 199

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

JULY 25, 2023

JR ES develops and manufactures high-performance lithium-ion battery electrodes with a novel electrode and battery cell foundry model, enabling lithium-ion cell manufacturers and other partners to produce tailor-made electrodes and cell solutions.

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Manufacturer Lithium Ion Building Batteries 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.

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Energy Batteries Battery South Korea 195

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

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. APAC will continue to be the largest market, reaching $6.05 billion by 2023, according to a new forecast by GlobalData.

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Energy Storage Global Market Energy 223

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.)

Lithium Ion 150

Lithium Ion Oman Batteries Battery 150

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) After establishing a 200 MWh (0.2

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Manufacturer South Korea Batteries Battery 150

Green Car Congress

JANUARY 3, 2022

South Korea-based steelmaker POSCO will invest US$830 million in a lithium hydroxide plant in Argentina. million tons of lithium reserves—enough to make batteries for about 370 million electric cars, according to POSCO. The plant will be constructed by the first half of 2024. Initially, POSCO estimated that the site had 2.2

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Argentina South Korea 2018 2017 334

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).

Hungary 170

Hungary Li-ion Supplies South Korea 170

Green Car Congress

AUGUST 2, 2023

Loop Energy announced that its value-added distributor in South Korea—NGVI Inc.—secured This marks Loop Energy’s second design win in South Korea in less than one year. It is also a strong signal of the South Korean market growth potential and accelerated demand for fuel cell adoption.

South Korea 150

South Korea Hydrogen Supplies Energy 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

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 144

Teslarati

FEBRUARY 15, 2024

LG Energy Solution (LGES) signed an offtake agreement with WesCEF to expand its lithium supply chain for the North American market. According to the agreement , WesCEF will supply the South Korean battery supplier with up to 85,000 tons of lithium concentrate. The South Korean company is a longtime Tesla supplier.

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Supplies Market Arizona Energy 102

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

Teslarati

JANUARY 7, 2023

CATL is continuing to expand battery production in China as it looks to maintain its grip on the battery cell market. Europe, and South Korea, CATL has doubled down on its home market of China. According to some estimates, that is enough battery capacity for 800,000 vehicles per year.

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China South Korea Production Batteries 97

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.

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South Korea Charging Hyundai Batteries 214

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.

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Hyundai Industrial Industry Batteries 221

Green Car Congress

NOVEMBER 5, 2022

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. The first public showing of the Electrified GV70 in the US market will take place during the LA Auto Show from 18-27 November at the Los Angeles Convention Center.

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Los Angeles South Korea Alabama United States 420

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.

Universal 150

Universal Hyundai Motor Motors 150

Green Car Congress

JULY 9, 2022

South-Korea-based POSCO has acquired silicon anode startup Tera Technos for 47.8 billion won (US$37 million), as the steelmaker enlarges its position within the Li-ion battery supply chain. Establishment of networks to collect used batteries. Earlier post.)

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South Korea Li-ion Argentina Taiwan 347

Green Car Congress

JULY 15, 2014

The BMW Group and Samsung SDI have signed a memorandum of understanding (MoU) to expand their supply relationship for battery cells for electro-mobility. Samsung SDI will supply the BMW Group with battery cells for the BMW i3, BMW i8 and additional hybrid models over the coming years. Earlier post.) Earlier post.)

BMW 304

BMW South Korea Hybrid Batteries 304

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

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

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

Teslarati

AUGUST 23, 2022

Battery suppliers from South Korea are moving production to the U.S. According to a report from Korea IT News , as part of the Inflation Reduction Act’s passage requiring U.S.-made Samsung, SK, LG Chem, and more are leading the seismic shift in where battery material production and assembly occurs.

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South Korea Batteries Battery Chinese 98