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Volvo Construction Equipment investing $7.8M in battery pack production at excavator plant

Green Car Congress

Volvo Construction Equipment (Volvo CE) announced an investment into battery pack production at its excavator plant in Changwon, South Korea. The Changwon plant in South Korea specializes in the production of excavators and is the biggest excavator production site in Volvo CE.

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Nikkiso Clean Energy & Industrial Gases Group wins multiple hydrogen fueling station contracts in California and South Korea

Green Car Congress

Ltd (Japan) group of companies, announced multiple contracts to provide more than a dozen Hydrogen Fueling Stations (HFS) to customers in California and South Korea. Nikkiso Clean Energy & Industrial Gases Group (CE&IG), a part of the Nikkiso Co.,

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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. The three companies together will spend up on 1.21 The three companies together will spend up on 1.21

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

Green Car Congress

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.

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Hyundai, Kia agree to pump $16.5bn into EV production in South Korea

Teslarati

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.

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Elon Musk considers South Korea for next Tesla Gigafactory location: report

Teslarati

South Korea’s presidential office revealed that President Yoon Suk-Yeol and Elon Musk conversed about Tesla in a video call on Wednesday, November 23. During the video call, Elon Musk reportedly told President Yoon that he considered South Korea one of the top candidates for a Tesla factory in Asia, reported Reuters.

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Faraday Future partners with Korea-based Myoung Shin for FF 81 production; SOP in 2024

Green Car Congress

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.