article thumbnail

SK On, EcoPro Materials and GEM to build battery precursor plant in South Korea

Green Car Congress

SK On will partner with Korea’s largest cathode material company EcoPro, and Chinese battery materials producer GEM to build a battery core material production facility in Saemangeum, South Korea. Precursors are key raw materials that account for more than 65% to 70% of the cost of cathode materials.

article thumbnail

The Godfather of South Korea’s Chip Industry

Cars That Think

But it was true what semiconductor engineers in South Korea whispered about his former students: They were everywhere. Korea Advanced Institute of Science and Technology (KAIST) assumed top posts in the industry as well as coveted positions teaching or researching semiconductors at universities and government institutes.

article thumbnail

Utility solar dethrones coal as the cheapest power source in Asia

Baua Electric

Photo: China News Service Renewable energy costs in Asia last year were 13% cheaper than coal and are expected to be 32% cheaper by 2030, according to a new study. However, there will be less of an impact on markets with limited uptake of Chinese turbines such as Japan and South Korea, which focus more on domestic supply chains.

Asia 52
article thumbnail

CCID Consulting estimates upsurge in aluminum for automobile bodies in China if technical breakthroughs in alloy performance and application technology are made

Green Car Congress

Aluminum has been used in the automobile body, mainly for engine cabin covers, doors and trunk lids, in Europe, North America, Japan and South Korea, represented by Audi’s A8 and A2, Chrysler’s Prowler and Jeep, Subaru’s Legacy and Hyundai’s Motors Genesis. CCID Consulting Co.,

article thumbnail

BaaS: Improving the EV Experience through Battery Swapping

Get Electric Vehicle

Electric vehicles (EVs) have lower operating costs than conventional automobiles, but their initial cost is greater than their ICE cousins.    As we have mentioned in previous articles, the cost of EV batteries is linked to the higher price of EVs. Using this model, the upfront cost of an electric car can be reduced.

article thumbnail

InterAcademy Council Report Terms UN IPCC Process a Success Overall, Calls for Reform in Management Structure

Green Car Congress

However, amid an increasingly intense public debate about the science of climate change and costs of curbing it, IPCC has come under closer scrutiny, and controversies have erupted over its perceived impartiality toward climate policy and the accuracy of its reports. This prompted UN Secretary-General Ban Ki-moon and IPCC chair Rajendra K.

article thumbnail

BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

Green Car Congress

This has been due to two factors: the decline in upfront costs of the vehicles—driven by falling battery prices—and changes in predominant duty cycles of vehicles sold in developed economies (Europe, US). The year also saw the largest single solar park ever funded, the 2GW Al Dhafrah in the United Arab Emirates, at a cost of $1.1

2020 259