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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. SK On has been actively building various cooperative relationships to strengthen the raw material supply chain.

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Why New Production Sources of Tungsten Are Critical for Increased Global Supply

Green Car Congress

in the April report for the Institute for Supply Management’s Manufacturing Index. This primarily includes dealing with a strained supply chain on critical raw materials, like tungsten, to produce all of those EV-powered automobiles, cranes, trucks and more. New Tungsten Production Will Open the Global Supply Chain.

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SK IE Technology to supply separators for EV batteries to Sunwoda

Green Car Congress

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. SKIET plans to supply separators produced at its Changzhou factory in China to Sunwoda.

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Roskill: Yahua-Tesla deal indicative of increasing capability and numbers of Chinese lithium convertors

Green Car Congress

On 29 December 2020, Sichuan Yahua Industrial Group announced thatits subsidiary, Yahua Lithium, had signed a five-year supply agreement with Tesla. The total value of the contract is reported to be US$630-880 million, with Yahua Lithium to provide battery-grade lithium hydroxide to Tesla from 2021 to 2025.

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LG Energy Solution raises about $10.6 billion in South Korea’s biggest IPO to date

Teslarati

It is now the third-most valuable company in South Korea after Samsung Electronics Co Ltd (005930.KS) KS), according to The Korea Times. LG Energy Solution’s IPO is the largest equity fund raising in South Korea since Alibaba raised $12.9 LGES priced its IPO at 12.8 trillion won ($10.7

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BYD says report that Tesla won't extend battery supply partnership with it untrue

CN EV Post

Tesla has decided not to use BYD's batteries due to quality issues arising from a series of fire accidents with the latter's LFP (lithium iron phosphate) batteries, South Korea's Korea Economic Daily said in a report yesterday. So right now, it looks like it's Tesla and the Chinese battle, Westly said.

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CATL seen constructing new battery production facility in China

Teslarati

As many national governments, notably the United States, have looked to challenge China’s chip and battery production dominance, the collateral damage has been the Chinese battery supplier CATL , which still holds the position of the world’s largest battery cell producer.

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