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.

Arizona 119

Arizona South Korea Manufacturer Energy 119

Teslarati

MAY 19, 2022

billion to produce electric vehicles at a new factory in South Korea. The factory ultimately would increase annual EV production in South Korea to 1.44 million vehicle capacity by 2030 would account for about 45 percent of the two companies’ global EV production volume by that year, Automotive News reports.

South Korea 99

South Korea Kia Hyundai Production 99

Green Car Congress

JUNE 23, 2021

A new report from IDTechEX forecasts the solid-state battery market will grow to $8 billion by 2031. The car plug-in market will take the largest share (66%) in 2031, followed by smartphone applications. The car plug-in market will take the largest share (66%) in 2031, followed by smartphone applications. Source: IDTechEx.

Market 418

Market Batteries Battery Li-ion 418

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. percent from the previous year, according to data released today by South Korean market research firm SNE Research. GWh, up 39.0 percentage points from 35.1

BYD 115

BYD Global Market Batteries 115

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

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. Similarly, European manufacturing accounted for 25% of global EVs through 2020, up from 23% in 2017.

Global 397

Global Production 2020 South Korea 397

Green Car Congress

JULY 9, 2023

POSCO Holdings recently began construction at the Yulchon 1 st Industrial Complex in Jeollanam-do (South Jeolla Province, S. Korea) of the country’s first lithium hydroxide plant, which will produce secondary battery materials using lithium produced from brine in Argentina. POSCO Group’s lithium brine demo plant in Argentina.

Argentina 369

Argentina South Korea South America Financing 369

Green Car Congress

DECEMBER 23, 2020

LG Electronics and Magna International announced a joint venture (JV) to manufacture e-motors, inverters and on board chargers and, for certain automakers, related e-drive systems to support the growing global shift toward vehicle electrification.

Market 186

Market South Korea United States Chevrolet 186

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)

Manufacturer 150

Manufacturer South Korea Batteries Battery 150

Green Car Congress

AUGUST 5, 2021

SK Innovation’s EV battery plant located in Seosan, South Korea. SK Innovation said the spin-off will be a turning point for securing global competitiveness in the battery business. The battery business aims to grow into a global top player based on its battery order backlogs of “1 Terawatt + ?.” ( Earlier post.).

South Korea 418

South Korea Batteries Battery Hungary 418

Green Car Congress

NOVEMBER 4, 2022

Qorvo, a global provider of connectivity and power solutions, and SK Siltron CSS, a semiconductor wafer manufacturer, finalized a multi-year supply agreement for silicon carbide (SiC) bare and epitaxial wafers. SiC devices are more efficient at handling high powers and conducting heat than traditional silicon.

Supplies 199

Supplies South Korea Global Battery Powered 199

Green Car Congress

MARCH 17, 2022

Global demand for US metallurgical coal typically is more consistent than for thermal coal because the United States is one of the few suppliers of metallurgical coal. In 2021, the top five export destinations for US coal were India, China, Japan, the Netherlands, and South Korea. MMst, or 77%, was steam coal).

Coal 434

Coal 2020 South Korea Netherlands 434

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.

Georgia 285

Georgia Manufacturer Building Lithium Ion 285

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.

South Korea 221

South Korea Lithium Ion Building Li-ion 221

Green Car Congress

SEPTEMBER 6, 2023

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. This new facility seeks to amplify the growth of LG Magna e-Powertrain in the Europe-an market.

Hungary 195

Hungary South Korea Mexico Europe 195

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 25, 2023

a storage solution and battery materials company based in South Korea. Yulho is currently building a high-purity black mass facility with an annual capacity of 8,000 metric tonnes, the largest in South Korea, and expects to commence production later this year, with plans to expand to 24,000 tonnes of capacity in the future.

South Korea 150

South Korea Batteries Battery Li-ion 150

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. Toyota is the ruling OEM in the global HEV car market, with more than 60% market share in 2019.

NiMH 412

NiMH Li-ion Toyota Hybrid 412

Green Car Congress

NOVEMBER 16, 2020

Ltd has signed a Memorandum of Understanding for the joint development of a solid oxide fuel cell (SOFC) system for marine propulsion and power generation with Navig8, a Singapore-based major shipping company which operates 140 chemical and oil tankers globally. Doosan Fuel Cell Co., Earlier post.).

South Korea 331

South Korea Mariner Singapore 2008 331

Green Car Congress

NOVEMBER 22, 2022

LG Chem today has signed a memorandum of understanding (MOU) with the state of Tennessee to establish a new cathode manufacturing facility in Clarksville with an investment of US$3.2 LG Chem applied this technology for the first time to its fourth cathode manufacturing site in Cheongju, South Korea with much success.

Tennessee 259

Tennessee South Korea Building Renewable 259

Electric Driver

MARCH 13, 2024

Hyundai is an independent South Korean automotive manufacturer. As a Hyundai electric vehicle manufacturer, it leverages its expertise and economies of scale from producing conventional vehicles. Hyundai, the EV maker, has its global headquarters in Seoul, South Korea, and sells its electric vehicles in major markets worldwide.

Electric Vehicles 81

Electric Vehicles South Korea Future Hyundai 81

Green Car Congress

JANUARY 16, 2023

The joint investment will pave the way for Hanwha to lead the rapidly-growing energy storage market and future Urban Air Mobility business. The MOU was signed by LGES and three subsidiaries under Hanwha Group—Hanwha Solutions, owner of clean energy manufacturer Qcells, Hanwha Corporation/Momentum and Hanwha Aerospace.

Building 199

Building Energy Batteries Battery 199

Green Car Congress

JULY 20, 2022

The agreement will involve the joint development of green hydrogen and its derivatives such as green ammonia, to decarbonize POSCO Group’s power generation and its steel manufacturing processes, along serving other Korean clients of POSCO Group. As of 2021, POSCO, the steel-making company of POSCO Group, has the capacity to produce 42.9

Saudi Arabia 199

Saudi Arabia Green South Korea Hydrogen 199

Green Car Congress

JULY 29, 2021

The new company, to be called LG Magna e-Powertrain, is headquartered in Incheon, South Korea. The joint venture company will manufacture e-motors, inverters and on-board chargers and, for certain automakers, related e-drive systems. He will be responsible for overseeing the day-to-day operations of the joint venture.

South Korea 186

South Korea Asia United States Manufacturer 186

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. The cathode market is expected to experience a similar surge. million tonnes from around 774,000 tonnes last year.

Energy 195

Energy Batteries Battery South Korea 195

Green Car Congress

NOVEMBER 5, 2020

LG Chem will start replacing fossil feedstock commonly used in the manufacturing of polymers and chemicals with Neste Renewable Hydrocarbons in the upcoming months. 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

AUGUST 25, 2015

will drive global market growth, resulting in a global rare earth elements market reaching $10.96 Phosphor is essential to manufacture of consumer electronic components such as LCD screens and CRT displays. China, with more than 93% of the global production, was the largest producer of neodymium in 2012.

2020 150

2020 Global Market South Korea 150

Teslarati

AUGUST 4, 2022

LG Energy Solution (LGES)—the company’s dedicated cell subsidiary—plans to use 100% renewable energy in all its battery manufacturing plants worldwide by 2025. LGES stated in an ESG Report 2021 that it is working on converting all its manufacturing sites to RE100, including those located in South Korea, North America, Europe, China, etc.

Renewable 135

Renewable Manufacturer Energy Batteries 135

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. This 40-trillion won ($32.6-billion) billion) contract is the largest and longest-term order since the creation of POSCO Chemical.

South Korea 199

South Korea Batteries Battery Supplies 199

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

OCTOBER 24, 2022

the Japan-based parent company of the specialty chemicals manufacturer Toyo Ink Group, announced the official opening of a new wholly-owned manufacturing subsidiary, Toyo Ink Hungary LLC, in Ujhartyan in Pest County, Hungary. Toyo Ink SC Holdings Co.,

Hungary 170

Hungary Li-ion Supplies South Korea 170

Teslarati

OCTOBER 27, 2021

Tesla, LG Energy, and Samsung are among a group of large battery manufacturers that have been invited to a recruitment summit by India, which wants to encourage cell production efforts to enter its market to develop a domestic supply chain for clean transportation and electric vehicles. The country is prepared to offer $2.4

India 145

India Manufacturer Batteries Battery 145

Green Car Congress

JULY 18, 2023

a global manufacturer of electric vehicle (EV) charging solutions, has entered into a long-term EV charger supply agreement with Francis Energy, owner of the fourth-largest electric vehicle fast-charging network in the US. The announcement follows the grand opening of SK Signet’s EV charging manufacturing facility in Plano, Texas.

Supplies 150

Supplies Charging South Korea Energy 150

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. Supply of commercial material begins in early 2025, initially fulfilling the recently announced binding supply agreement with Panasonic.

Commercial 150

Commercial Lithium Ion South Korea Production 150

Electric Vehicles India

NOVEMBER 15, 2021

EVs new sales increased by 26% in global automotive market. million units representing 26% of new sales in the global automotive market. The topmost 3 auto markets are China, the US, and Europe and among them, China is the world’s top EV market with 1.1 EVs sales double in Korea . million units.

Global 59

Global Sale Market South Korea 59

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.)

Lithium Ion 150

Lithium Ion Oman Batteries Battery 150

Green Car Congress

MAY 1, 2020

IHS Markit cut its forecasts for global light vehicle sales and production as the impact COVID-19 impact has depressed demand. According the new analysis, global light vehicle sales are now forecast to be 69.6 IHS Markit forecasts a similar decline for global light vehicle production, falling to 69.3 market sales forecast is 12.5

Global 150

Global Auto Sale South Korea 150