Green Car Congress

NOVEMBER 5, 2022

The Electrified GV70 is the third electric vehicle added to the Genesis lineup; its global premier was at Auto Guangzhou 2021. This is the first Genesis model to be built in the United States and the first Genesis production to take place outside of South Korea. Earlier post.).

Los Angeles 420

Los Angeles South Korea Alabama United States 420

Green Car Congress

FEBRUARY 10, 2022

an automotive manufacturer headquartered in South Korea, to manufacture Faraday Future’s second electric vehicle, the FF 81, with start of production scheduled for 2024. Located near Seoul, South Korea, Myoung Shin is a parts supplier and automotive manufacturer for numerous first tier OEMs.

South Korea 333

South Korea Future Production Manufacturer 333

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 131

BYD Global Market Batteries 131

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

Green Car Congress

JANUARY 16, 2019

million electric vehicles to be sold globally in 2019. million units—around 57% of the global market. China’s market is in transition, and the recent annual doubling of sales every year looks unlikely to hold in 2019. In markets like the US and the UK, direct purchase subsidies are already starting to wind down.

2019 392

2019 Global Sale South Korea 392

Green Car Congress

MAY 3, 2019

The global battery energy storage market will to grow to $13.13 Asia-Pacific (APAC) and EMEA will be the dominant markets for battery energy storage systems over the forecast period 2019-2023. APAC will continue to be the largest market, reaching $6.05 billion by 2023, according to a new forecast by GlobalData.

Energy Storage 223

Energy Storage Global Market Energy 223

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

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

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

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

CN EV Post

DECEMBER 26, 2023

And let's not forget that BYD's "invasion" of the foreign markets is just beginning. And I'm not talking about US and Europe; rather, I'm talking about Latin America, Africa, the rest of Asia apart from China, Japan, and South Korea, and so on. It's a meaningless measurement for most car companies, including Tesla.

BYD 82

BYD South Korea Market Tesla 82

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

JANUARY 11, 2021

With sales of 2,164,187 units (-7.5%), Mercedes-Benz maintained a leading global position compared with its core competitors. Mercedes-Benz benefited from the ongoing recovery in many markets in the second half of the year. 1,024,315 units were sold in the Asia-Pacific region (+4.7%).

Mercedes 301

Mercedes 2020 Sale Global 301

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

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

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

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.

Supplies 99

Supplies Market Arizona Energy 99

Green Car Congress

JULY 13, 2023

bp’s global offshore wind pipeline now totals up to 9.2GW net to bp. It has also formed a partnership in Japan with Marubeni and earlier this year acquired a majority stake in a project portfolio of four potential projects in South Korea.

Wind 150

Wind South Korea Market Germany 150

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

AUGUST 25, 2015

will drive global market growth, resulting in a global rare earth elements market reaching $10.96 Factors such as limited reserves, strict regulatory guidelines, complicated extraction process and heavy capital deployment are likely to adversely affect market growth. billion in 2020. billion in 2013.

2020 150

2020 Global Market South Korea 150

Baua Electric

MARCH 4, 2024

Kia Corporation today announced total global sales of 242,656 units in February 2024, a 4.6 Outside of Korea, Kia sold 198,348 units, down 2.8 SUV models led the company’s sales in February, with the Sportage selling 47,643 units globally. The post Kia’s global sales in February down 4.6%

Global 52

Global Sale South Korea Kia 52

Green Car Reports

AUGUST 21, 2021

The Genesis GV60—the Hyundai luxury brand's first dedicated electric vehicle, due next year—is shaping up to offer a technology first: It will be one of the first global-market EVs with original-equipment wireless charging.

South Korea 215

South Korea Charging Hyundai Batteries 215

Green Car Congress

JUNE 3, 2021

The governments of Denmark, Norway, and the United States, along with the Global Maritime Forum and the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, will lead a new Zero-Emission Shipping Mission as part of Mission Innovation. The objective is to help move clean energy solutions from lab to market.

Denmark 342

Denmark Norway Emissions Ghana 342

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. SKIET has factories in South Korea, China, and Poland.

Supplies 199

Supplies Batteries Battery South Korea 199

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

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

JULY 20, 2022

Green hydrogen and ammonia produced by the partners through new green field investments will support to meet POSCO Group’s targets to produce 500,000 tonnes of hydrogen globally by 2030. million metric tonnes of steel, making it the sixth largest steel producer in the world, and the largest in its home country of South Korea.

Saudi Arabia 199

Saudi Arabia Green South Korea Hydrogen 199

Green Car Congress

MAY 10, 2019

Fuels market analyst Tammy Klein notes that more than 40 countries are developing light-duty vehicle fuel economy standards. Ten years ago, only four governments 10 years ago had introduced mandatory GHG emission and/or fuel economy standards: China, Japan, South Korea, and the United States.

Fuel Economy 247

Fuel Economy Saudi Arabia Economy Light 247

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

MAY 3, 2020

The project results therefore contribute to Sustainable Development Goal 13 on Climate Action of the UN Global Compact through decarbonization with the major advantage of doing so at a lower cost than the technologies currently in use. The project had a budget of €4.2

South Korea 410

South Korea United Kingdom CO2 Belgium 410

Electric Driver

MARCH 13, 2024

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

Electric Vehicles 81

Electric Vehicles South Korea Future Hyundai 81

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

Teslarati

OCTOBER 19, 2021

Tesla has brought its new CCS adapter to the Korean market, which is currently the only market that it is available. The Model S and Model X CCS adapter was launched in 2019 as Tesla ramped up the output and installation of Supercharger stalls and stations globally. ” CCS1 adapter now available in South Korea at [link].

South Korea 117

South Korea Market North America Tesla 117

Green Car Congress

MAY 30, 2017

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. Batteries are one of the most important parts supplied to global car makers. —Samsung SDI President Jun Young-hyun.

Hungary 170

Hungary Global South Korea Batteries 170

CleanTechnica EVs

MAY 6, 2022

By Assaf Oron 3rd Place, 62 Points: South Korea (8th In 2020) Years ago, the Korean industry — both automakers and battery makers — saw the EV writing on the wall, and did what Koreans do: […]. This piece continues my annual rundown of the top 10 EV countries in the world! See part 1 if you missed it.

South Korea 98

South Korea Parts Global 2020 98

Green Car Congress

JANUARY 27, 2023

These announcements are part of an investment strategy that allows Volvo CE to advance electric solutions across its production facilities, including also the Konz facility in Germany, Belley in France and Changwon in South Korea, where other electric machines are made.

Volvo 273

Volvo Production Sweden South Korea 273

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