Green Car Congress

JULY 20, 2020

Solid-oxide-fuel-cell manufacturer Bloom Energy is entering the commercial hydrogen market by introducing hydrogen-powered fuel cells and electrolyzers that produce renewable hydrogen. Bloom’s technologies can be critical in enabling South Korea to execute on its government-mandated Hydrogen Economy Roadmap.

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Hydrogen South Korea Market Energy 386

Green Car Congress

JUNE 23, 2021

A new report from IDTechEX forecasts the solid-state battery market will grow to $8 billion by 2031. Under most of the mass-production plans, the solid-state battery will likely take off after 2025, although small-scale production may happen even earlier, IDTechEX said. Ford, Samsung, and Hyundai invested in Solid Power.

Market 418

Market Batteries Battery Li-ion 418

Green Car Congress

DECEMBER 9, 2020

The new “Green Hydrogen Catapult” initiative will see green hydrogen industry leaders target the deployment of 25 gigawatts through 2026 of renewables-based hydrogen production, with a view to halve the current cost of hydrogen to below US$2 per kilogram. —Paddy Padmanathan, CEO of ACWA Power. ºC campaign. degrees Celsius.

Green 321

Green Hydrogen Companies Saudi Arabia 321

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. Loop Energy’s products feature the company’s proprietary eFlow technology in the fuel cell stack’s bipolar plates.

South Korea 150

South Korea Hydrogen Supplies Energy 150

Green Car Congress

AUGUST 5, 2021

SK Innovation has decided to spin off its battery production and exploration & production (E&P) business as independent companies. SK Innovation will be a holding company that plays the role of the “Green Portfolio Designer & Developer” and puts greater emphasis on the improvement of the enterprise value. Earlier post.).

South Korea 418

South Korea Batteries Battery Hungary 418

Green Car Congress

MARCH 4, 2021

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% As manufacturers set to ramp product back up to produce everything from automobiles, airplanes and construction tools, they will begin to return to normal production cycles.

Supplies 380

Supplies Global South Korea Production 380

Green Car Congress

JULY 20, 2022

ACWA Power, a leading Saudi developer, investor and operator of power generation, desalinated water and green hydrogen plants worldwide, has signed a memorandum of understanding with POSCO Holdings, the holding company of South Korea’s POSCO Group.

Saudi Arabia 199

Saudi Arabia Green South Korea Hydrogen 199

Green Car Congress

MARCH 15, 2022

Raven SR, a renewable fuels company ( earlier post ), announced the closing of a strategic investment from Samsung Ventures, expanding Raven SR’s reach into the global market, especially in Asia-Pacific region. Samsung Ventures’ investment will expand Raven SR’s global reach to South Korea, a driving force in the hydrogen economy.

Renewable 199

Renewable Companies Fuel South Korea 199

Green Car Congress

AUGUST 26, 2013

The Vehicular Turbocharger business unit of IHI Group has seven plants world-wide and is targeting 7 million units per year production in FY2015. Market demand continues to grow in line with new down-sized engines and government regulation for fuel consumption and exhaust emissions. IHI intends to strengthen its position as the No.1

South Korea 210

South Korea Hyundai Thailand Asia 210

Green Car Congress

AUGUST 25, 2022

FREYR Battery has awarded a strategic alliance frame agreement to South Korea-based Hana Technology. The two companies will jointly develop equipment and automation solutions for FREYR’s Customer Qualification Plant (“CQP”) in Mo i Rana, Norway, as well as for FREYR’s planned Gigafactories.

Batteries 321

Batteries Battery South Korea Production 321

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. It expects to start production by the first half of 2024.

Supplies 125

Supplies Market Arizona Energy 125

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.

Building 199

Building Energy Batteries Battery 199

Green Car Congress

SEPTEMBER 6, 2023

The company has also received strong support from both the Hungarian government and local authorities. Scheduled for completion in 2025, the new facility will start production with e-motors and plans to offer a suite of electrified powertrain solutions in the future, including inverters and on-board chargers for the growing EV market.

Hungary 195

Hungary South Korea Mexico Europe 195

Green Car Congress

AUGUST 4, 2023

Nexeon has secured a site for its first commercial volume silicon anode material plant in Gunsan, South Korea, utilizing existing available land adjacent to materials company OCI ’s facilities. billion, the company is positioned to innovate and grow in the battery materials space. Earlier post.)

Commercial 150

Commercial Lithium Ion South Korea Production 150

Green Car Congress

JULY 13, 2023

Subject to receiving the necessary permits and approvals, these would be bp’s first offshore wind projects in Germany and are fully aligned with the company’s integrated energy company strategy and disciplined capital allocation. bp’s global offshore wind pipeline now totals up to 9.2GW net to bp.

Wind 150

Wind South Korea Market Germany 150

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. The parties have entered into a securities purchase agreement and expect to close on the investment on or about 4 August 2023.

South Korea 150

South Korea Batteries Battery Li-ion 150

Green Car Congress

FEBRUARY 24, 2023

SK seeks to import blue ammonia produced from ExxonMobil to South Korea in support of reducing industrial emissions. The window for blue ammonia offtake will coincide with South Korea’s Ammonia Co-firing initiative, and SK has plans to introduce blue ammonia solutions to further support the Clean Energy transition.

South Korea 459

South Korea Coal Hydrogen Carbon 459

Green Car Congress

APRIL 14, 2023

bp has successfully started oil production at its Argos offshore platform, strengthening bp’s position as a leading producer in the deepwater US Gulf of Mexico. bp now operates five production platforms in the deepwater Gulf of Mexico: Argos, Atlantis, Mad Dog, Na Kika and Thunder Horse. Earlier post.) bp is the operator with 60.5%

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Mexico 2008 Oil Production 259

Green Car Congress

DECEMBER 23, 2020

The new company, tentatively called LG Magna e-Powertrain, combines Magna’s strength in electric powertrain systems and world-class automotive manufacturing with LG’s expertise in component development for e-motors and inverters, accelerating both partners’ growth in the electric powertrain market.

Market 186

Market South Korea United States Chevrolet 186

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.

Supplies 259

Supplies Global South Korea Batteries 259

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. Up to now, SKIET has been supplying separators for IT and electronic products to the Sunwoda Group.

Supplies 199

Supplies Batteries Battery South Korea 199

Teslarati

APRIL 3, 2024

LGES added that it Tesla 4680 battery production by LG starting later this year LGES is building two manufacturing facilities in Arizona. While the Arizona battery plant is being built, LGES aims to start the first mass production of 46-series batteries in South Korea at its Ochang plant.

Arizona 121

Arizona South Korea Manufacturer Energy 121

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. In terms of annual EV production, Europe’s 1.1 Source: The ICCT. million nearly matched China’s 1.27

Global 397

Global Production 2020 South Korea 397

Green Car Congress

JULY 9, 2022

South-Korea-based POSCO has acquired silicon anode startup Tera Technos for 47.8 It plans to expand its production capacity to tens of thousands of tons by 2030. POSCO Holdings broke ground for a lithium production plant in Argentina in March. Earlier post.) Establishment of networks to collect used batteries.

South Korea 347

South Korea Li-ion Argentina Taiwan 347

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. But as competitors look to establish new production in the U.S., Europe, and South Korea, CATL has doubled down on its home market of China. Shoot me an email at william@teslarati.com.

China 98

China South Korea Production Batteries 98

Green Car Congress

MAY 3, 2020

Their use as catalysts in the synthesis of high value-added chemical products such as fuels, alcohols, carbonates and polyurethanes will make it possible to reduce the amount of CO 2 currently generated. million, with a total of nine partners (companies, technology centers and universities). The project had a budget of €4.2

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South Korea United Kingdom CO2 Belgium 410

Green Car Congress

NOVEMBER 5, 2020

Photo: Panoramic view of LG Chem’s petrochemical complex in Yeosu, South Korea. LG Chem will start replacing fossil feedstock commonly used in the manufacturing of polymers and chemicals with Neste Renewable Hydrocarbons in the upcoming months.

Polymer 243

Polymer South Korea Industrial Industry 243

Green Car Congress

MAY 4, 2022

Hankuk Carbon Co Ltd, a manufacturer of advanced composite materials, has formed a strategic joint-partnership with Dymag, a manufacturer of carbon composite wheels, to enable the mass production of high-performance carbon composite wheels for the world’s leading automotive OEMs.

Carbon 259

Carbon Manufacturer Carbon Fiber South Korea 259

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 Construction of the plant will begin in the first quarter of next year with mass production to start in the second half of 2025.

Tennessee 259

Tennessee South Korea Building Renewable 259

Green Car Congress

AUGUST 30, 2022

Syzygy Plasmonics , LOTTE Chemical and LOTTE Fine Chemical (LOTTE Chemical HQ), and Sumitomo Corporation of Americas (SCOA) announced a joint development agreement to test a photocatalytic reactor for clean hydrogen production. Among other climate-focused goals, the company is setting the stage to advance the hydrogen economy in Korea.

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Hydrogen America South Korea Light 413

Green Car Congress

JULY 25, 2023

Group14 Technologies, a manufacturer and supplier of advanced silicon battery technology, has acquired advanced silicon material company Schmid Silicon Technology Holding GmbH (Schmid Silicon), the most technologically advanced silane producer in Europe.

South Korea 150

South Korea Lithium Ion Germany Washington 150

Green Car Congress

JULY 25, 2023

JR ES has announced the initial groundbreaking for its first production facility in South Korea, which is planned to start initial production from Q4 of 2023. Last month, Enevate announced that it had licensed its silicon-dominant XFC-Energy battery technology to JR ES for future products and applications.

Manufacturer 150

Manufacturer Lithium Ion Building Batteries 150

Baua Electric

MARCH 11, 2024

South Korean automaker Hyundai Motor is looking at India as a crucial market for its operations as the passenger vehicle market here continues to grow by leaps and bounds. India is currently the third-largest market for passenger vehicles globally and continues to be among the fastest-growing markets. lakh units.

India 52

India Hyundai Motor Motors 52

Green Car Congress

OCTOBER 23, 2019

WiTricity, a pioneer in wireless power transfer over distance, has entered into licensing and technology transfer agreements with Green Power, a leading South Korea-based supplier of power electronics and high power wireless charging systems for various applications. —Jung G. Cho, CEO of Green Power.

Green 170

Green Power Powered Market 170

Baua Electric

APRIL 10, 2024

The company already unveiled the EV5 in China with starting prices from $20,000 (149,800 yuan). Kia EV4 concept (Source: Kia) Kia plans to launch the EV2, EV3, EV4, and EV5 in major markets, including the US, Europe, and South Korea. Kia expects to cover most segments with prices between $25,000 and $80,000.

Kia 52

Kia India Market South Korea 52

Green Car Congress

JUNE 27, 2022

Airbus and Linde, a leading global industrial gases and engineering company, have signed a Memorandum of Understanding (MoU) to work on the development of hydrogen infrastructure at airports worldwide. Both companies will define and launch pilot projects at several airports from early 2023 onwards.

Hydrogen 199

Hydrogen South Korea Singapore Italy 199

Green Car Congress

MAY 30, 2017

The new plant will allow the company to save logistics costs and also to improve customer service in Europe. Through construction of the Hungary plant, Samsung SDI sets up a global electric vehicle batteries production tripod with plants in Ulsan, South Korea and Xian, China.

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Hungary Global South Korea Batteries 170