Baua Electric

MAY 23, 2024

Nexeon , a maker of silicon anode materials for lithium-ion batteries, has begun construction of a commercial production facility in Gunsan, South Korea. The site is located next to a facility operated by OCI, one of the largest silane gas producers outside China, ensuring a stable and cost-effective source of raw material supply.

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South Korea Production Lithium Ion Charging 52

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.

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Renewable Manufacturer Energy Batteries 140

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

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India Manufacturer Batteries Battery 145

Baua Electric

FEBRUARY 1, 2024

Hyundai Motor Company and Iveco Group have signed a supply agreement of an Iveco-badged all-electric light commercial vehicle for Europe, based on Hyundai’s Global eLCV platform. The new vehicle will join Iveco Group’s electric light commercial vehicle lineup, enhancing the Group’s LCV portfolio alongside the iconic Iveco Daily.

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Hyundai All-Electric Supplies Europe 52

Teslarati

NOVEMBER 10, 2022

Electric vehicle battery supplier LG Energy Solution (LGES), which supplies batteries to electric vehicle makers such as Tesla Inc. Dongsoo Kim, Senior Vice President of the Procurement Center at LG Energy Solution, shared a statement on the company’s new deal with the American supplier.

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Utah Supplies Carbon Energy 98

Teslarati

NOVEMBER 28, 2022

South Korea’s President Yoon Suk-yeol said that Tesla would get “tailored” incentives if it decides to establish its next gigafactory in the country. Elon Musk recently noted that South Korea was a top candidate for the next Tesla gigafactory location. “If

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Teslarati

JANUARY 7, 2023

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. At the same time, CATLs closest rivals are expanding production of their own, mostly in South Korea and the U.S. If you have news tips, email us at tips@teslarati.com !

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China South Korea Production Batteries 98

Teslarati

JANUARY 27, 2022

It is now the third-most valuable company in South Korea after Samsung Electronics Co Ltd (005930.KS) KS), according to The Korea Times. LG Energy Solution’s IPO is the largest equity fund raising in South Korea since Alibaba raised $12.9 LGES priced its IPO at 12.8 trillion won ($10.7

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Teslarati

AUGUST 23, 2022

Battery suppliers from South Korea are moving production to the U.S. According to a report from Korea IT News , as part of the Inflation Reduction Act’s passage requiring U.S.-made Still, many companies are opening new facilities in the U.S. and South Korea to challenge the market leader.

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South Korea Batteries Battery Chinese 98

Baua Electric

MAY 1, 2024

Earlier this month, South Korea’s Hyundai Motor and Kia Corp partnered with Exide Industries ‘ unit Exide Energy Solutions to supply batteries for their EVs. “Our lithium-ion cell manufacturing project is progressing well and is expected to be commissioned within defined timelines.”

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CN EV Post

MARCH 30, 2023

BYD is gaining traction in China's domestic market with its competitive pricing by establishing a vertically integrated supply chain management, including self-supply of batteries and vehicle manufacturing, SNE Research said. The South Korean company ranked third in the world with a 13.3 The company ranked second with 18.2

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Baua Electric

SEPTEMBER 8, 2023

.” Provide chain snarls have strained stock around the business for a number of years, from manufacturing unit shutdowns early within the coronavirus pandemic to microchip shortages to ongoing constraints in trucking and rail. “Everyone’s running on such a tight days’ supply,” Guelcher stated.

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GM Transportation Manufacturer Automobile 52

Teslarati

AUGUST 12, 2021

Samsung SDI has narrowed down the locations for its potential battery manufacturing plant in the United States. The delegation came from [South] Korea this week. Within that 50-mile radius is 750,000 workers, and 10% of those, or 75,000, are manufacturing. We’re competing for a major Samsung battery facility,” U.S.

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Building Fort Worth Illinois Batteries 141

Baua Electric

JANUARY 11, 2024

South Korea’s SK On plans to start mass producing lithium iron phosphate (LFP) batteries as early as 2026 to supply several automakers as it pushes to deliver a lower cost battery chemistry favoured by its Chinese rivals, a senior executive said. automaker customers about LFP supply. We are flexible.”

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South Korea Auto Las Vegas Batteries 40

Baua Electric

APRIL 8, 2024

It also said SK Battery did not ensure its staffing agency Moveret Inc that supplied workers at the site made “their employees aware of the hazards associated with lithium battery fires. SK, which supplies Volkswagen and Ford Motor, employs 3,100 workers at its Commerce, Georgia plant.

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Auto Batteries Battery South Korea 52

Baua Electric

APRIL 11, 2024

The material is then exported overseas, most often to China and South Korea, for further processing. By onshoring black mass and battery waste processing with cathode and anode material production, battery manufacturers and recyclers can significantly reduce the cost and CO2 emissions impacts of their operations and supply chains.

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Li-ion North America America Oklahoma 52

Teslarati

SEPTEMBER 24, 2021

Noted chipmakers such as Intel and TSMC have unveiled plans to expand their presence in the United States to boost their supply, but the planned factories are not expected to come online anytime soon. . Efforts are also seemingly underway to ensure that Tesla’s chip supply is as robust as possible in the near future.

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South Korea Supplies Tesla Auto Industry 145

Baua Electric

JANUARY 15, 2024

Chinese EV maker Nio has commercialized 150 kilowatt hour (kWh) semi-solid-state batteries for its EVs, manufactured by Beijing Welion New Energy, which have a range of up to 1,000 km. The firm, which has a cooperation deal with Mercedes-Benz, Stellantis and TotalEnergies, is building a gigafactory in Taiwan and plans one in France.

South Korea 52

South Korea Auto Batteries Battery 52

Teslarati

JULY 12, 2021

The Tesla Cybertruck is reportedly going to be utilizing Samsung Electro-Mechanics camera modules, according to new reports. The company posted sluggish sales figures in Q2, but the new deal with Tesla could ignite some momentum under the wings of the Korean company. The deal is worth $435.7 million, according to KED.

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Baua Electric

APRIL 7, 2024

This strategic cooperation with Exide Energy marks the beginning of Hyundai Motor and Kia’s efforts to expand its exclusive battery development, production, supply and partnerships in the Indian market. New Delhi: Hyundai Motor and Kia sign MoU with Exide Energy as part of their electric vehicle (EV) expansion plans.

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India Hyundai Kia Motor 40

Electric Vehicles India

OCTOBER 29, 2021

Recently, the CATL announced that it is licensing its Cell-to-Pack technology to South Korean supplier Hyundai Mobis. The Chinese battery manufacturer will support Hyundai Mobis in supplying CTP products not only in South Korea but worldwide. Hyundai Mobis had also announced recently that it will invest about 1.3

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Teslarati

JUNE 24, 2021

Within our new structure, we’re going to polish this ability, and if you stay tuned, we’ll invest again in building supply capacity,” Kusumi noted. . It may also supply the batteries to both Tesla and other automakers. . “(The) battery unit will be one of the central segments of our energy business.

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Batteries Battery Production Tesla 145

Electric Vehicles India

JANUARY 25, 2023

The company is aiming to ship its 20,00 units of the XUV400 this year, taking into account semiconductor supply and demand, as well as the availability of battery packs. Additionally, fast charging compatibility has been tested in multiple regions including India, South Korea, and Germany.

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All-Electric SUV South Korea Infinity 52

Teslarati

JUNE 25, 2021

In a recent interview with Bloomberg , Kusumi noted that if Panasonic’s prototype 4680 cell line proves successful, and if it could manufacture the new batteries efficiently, it would be making a “large investment” in the technology. It could also supply them to Tesla and other automakers. .

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Batteries Battery Tesla South Korea 145

Baua Electric

APRIL 1, 2024

Aptera’s February update video included a peek at its upcoming solar EV app , as well as a glimpse at the upcoming vehicle’s battery packs that supply partner CTNS will manufacture in South Korea. Our battery supplier, CTNS, has been kicked off to build production-intent modules and validate their production process.

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Aptera United Arab Emirates UAE Solar 52

Baua Electric

DECEMBER 11, 2023

Semiconductor Manufacturing International Corporation (SMIC) has been making significant strides in the semiconductor industry and has aspirations to become a global player. SMIC, being a major semiconductor foundry based in China, has invested heavily in research and development to enhance its manufacturing capabilities.

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Industrial Industry Global Mali 52

Green Car Congress

MARCH 18, 2017

The decline was driven by a surge in shale gas supplies and more attractive renewable power that displaced coal. In 2016, renewables supplied more than half the global electricity demand growth, with hydro accounting for half of that share. IEA will explore US and natural gas prospects in details in the next World Energy Outlook 2017.

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Economy 2016 Global Emissions 199

Teslarati

JUNE 14, 2022

million) to expand its battery production capacity in South Korea. The expansion includes a new assembly line that would produce 4680 cylindrical battery cells. . LGES supplies batteries to several prominent electric car manufacturers, including Tesla and Volkswagen. . 2 Ochang factory.

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Batteries Battery Arizona South Korea 99

Baua Electric

MARCH 17, 2024

TSMC, formally known as Taiwan Semiconductor Manufacturing Co , declined to comment. TSMC’s plans in Japan thus far have been supported by generous subsidies from the Japanese government which – after losing ground to South Korea and Taiwan – sees semiconductors as vital to its economic security.

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Japan Taiwan Auto South Korea 52

Green Car Congress

JUNE 5, 2010

Engineering News. South Africa-based Optimal Energy is considering using a battery-swap scheme with its Joule electric vehicle ( earlier post ). The car will be onsale in 2013. Optimal Energy has signed a memorandum of understanding (MoU) with Germany-based EDAG, a German automotive full- service supplier, to industrialize the Joule.

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Baua Electric

FEBRUARY 29, 2024

There is also plenty of news coming out of Aptera HQ in between those monthly videos. Next, Fambro discussed an update on the battery packs that will go in the solar EVs, developed and manufactured by CTNS in South Korea, as part of a supply agreement signed in December 2023. That’s all for now.

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Aptera Solar Batteries Battery 52

Cars That Think

AUGUST 25, 2021

Just six companies —BYD, CATL, LG Energy Solution, Panasonic, Samsung SDI, and SK Innovation—were responsible for supplying 87 percent of batteries and battery metals in passenger EVs in the second half of 2020. Old Tech, New Tricks. CATL), now the world's largest battery company, supplies LFP packs for Tesla's Model 3 Standard Range.

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Batteries Battery General Motors 2020 134

Baua Electric

MAY 29, 2023

automaker and its South Korea-based three way partnership spouse, in the past known as Posco Chemical, selected town at the South Shore of the St. Bécancour, halfway between Montreal and Quebec Town, is readily turning into a hub for battery fabrics manufacturing. The plant is scheduled to start manufacturing in 2025.

GM 52

GM Batteries Battery South Korea 52

Teslarati

JUNE 29, 2022

As a result of unprecedented economic conditions, South Korean battery manufacturer LG Energy Solution Ltd. Starting in 2025, Compass Minerals will supply LG Energy Solution with up to 40% of its annual phase-one lithium carbonate and lithium hydroxide production for seven years. LGES) is reportedly reevaluating a $1.3

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Arizona Energy Batteries Battery 98

Electric Vehicles India

SEPTEMBER 13, 2021

They still cause an impact on climate by the manufacturing of the car and not least the battery. To produce the batteries, the battery materials are mined and refined, its cells, modules are manufactured which results in the need for the huge energy which generates GHG emissions on higher amounts which are affecting the climate.

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Lithium Ion Climate Batteries Battery 82

Electric Vehicles India

NOVEMBER 15, 2021

In terms of EV sales and infrastructure, the best-performing states in 2020 were California, New York and Florida. EVs sales double in Korea . According to market data, in South Korea over 71,000 units of electric vehicles have been sold which is double when compared to last year. Global electric car parts market.

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Global Sale Market South Korea 59

Baua Electric

MAY 15, 2023

OTTAWA — Stellantis and South Korea’s LG Power Resolution are enforcing “contingency plans” similar to a more-than $4-billion battery plant funding in Canada since the federal govt has now not delivered on its guarantees, a Stellantis spokesperson stated. billion ($1.1 Thomas, Ontario.

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Canada Power Powered Batteries 52