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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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Photos and Specs for the Upcoming Kia EV5 GT Surfaced On a Chinese Government Website

The Truth About Cars

Kia debuted the standard EV5 late last year during its first EV Day event in South Korea. Get the latest news, features,& TTAC& takes, and everything else that gets to the truth about cars first by& subscribing to our& newsletter. Image: Kittyfly via Shutterstock] Become a& TTAC& insider.

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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. Hyundai and Kia will also utilise Baidu’s smart cloud computing technology to address Beijing’s enhancing data regulations, reports Yonhap news agency.

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Hyundai to begin production of Casper mini EV for Europe in July: report

Teslarati

Although the Hyundai Casper mini SUV is currently only available in the South Korean market as a gas vehicle, the automaker is expected to share an EV version of the compact vehicle in Europe in Q3, according to sources familiar with the matter in a report from Automotive News Europe. What are your thoughts?

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Geely and Renault sign agreement to take on S. Korean car market, together

Electrek

Chinese automotive giant and Volvo/Polestar parent company, Geely, has signed an agreement with the French Renault Group to launch a new collaboration intended to bring fuel-efficient hybrid electric cars to South Korea, as well as export sales into other Asian markets.

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Tesla battery supplier LG Energy Solution is looking to raise $11 billion for its IPO

Teslarati

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. trillion, or about $59.4