Global Manufacturer Powered South Korea 
Green Car Congress
MARCH 5, 2020
Volvo Cars formally inaugurated a new battery assembly line at its Belgian manufacturing plant in Ghent, where it will start building its first fully electric car, the XC40 Recharge P8, later this year. —Geert Bruyneel, head of global production operations. Volvo XC40 Recharge powertrain.
Green Car Congress
MARCH 4, 2021
All car manufacturers seem to be following in the same footsteps as Tesla. 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% in the April report for the Institute for Supply Management’s Manufacturing Index.
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.
Green Car Congress
MARCH 17, 2022
Power plants use steam coal (thermal coal), for electricity generation; homes and businesses also use steam coal for direct heat. 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. MMst, or 77%, was steam coal).
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) After establishing a 200 MWh (0.2
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.
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.
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