Teslarati

MAY 4, 2023

The South Korean company confirmed the order recently. Seoyon E-Hwa manufactures automotive interior parts such as door panels, bumpers, seats, headliners, rear parcel shelves, package trays, screen assemblies, and pillar posts. The Cybertruck manufacturer signed a three-year supply contract until 2028 with the South Korean company.

South Korea 137

South Korea Parts Tesla Mexico 137

Green Car Congress

SEPTEMBER 30, 2022

South Korea-based SK On (SKO), a global EV battery manufacturer, signed a Memorandum of Understanding (MOU) with Australia’s Global Lithium Resources to explore future business opportunities together in regard to stable supply of lithium.

Supplies 259

Supplies Global South Korea Batteries 259

Teslarati

MAY 19, 2022

billion to produce electric vehicles at a new factory in South Korea. Hyundai Motor Group, which includes Kia, Hyundai Motor, and Genesis, said the factory will build 150,000 vehicles every year, supplying Hyundai and Kia with enough volume to supply customers with EVs. million units by 2030. The planned 1.44

South Korea 99

South Korea Kia Hyundai Production 99

Green Car Congress

AUGUST 2, 2023

Loop Energy announced that its value-added distributor in South Korea—NGVI Inc.—secured —secured a supply contract for a hydrogen electric bus project with a second municipality in the country, this time with the county of Ulju. This marks Loop Energy’s second design win in South Korea in less than one year.

South Korea 150

South Korea Hydrogen Supplies Energy 150

Teslarati

NOVEMBER 22, 2022

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.

South Korea 98

South Korea Tesla Canada Asia 98

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.

Volvo 530

Volvo Manufacturer Batteries Battery 530

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 plans to supply separators produced at its Changzhou factory in China to Sunwoda.

Supplies 199

Supplies Batteries Battery South Korea 199

Baua Electric

NOVEMBER 3, 2023

The initiation tournament incorporated a supply rite for the inaugural eBus9 held in Yongin, Gyeonggi-do, South Korea. – Commercial – The eBus9 is an important product to BYD’s electrical bus lineup within the Korean marketplace.

South Korea 52

South Korea BYD Automobile Industry Automobile 52

Green Car Congress

JANUARY 3, 2022

South Korea-based steelmaker POSCO will invest US$830 million in a lithium hydroxide plant in Argentina. POSCO said it plans to boost its annual production capacity of lithium at home and abroad to 220,000 tons by 2030. A period of investigation and feasibility studies for production followed.

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Argentina South Korea 2018 2017 334

Green Car Congress

FEBRUARY 8, 2022

With the final site approval, NEO has now additionally doubled the initial target annual silicon anode production capacity to 240 tons on the same mass-production lines and has consequently renamed the semi-commercial plant into a commercial-scale plant facility to accommodate for industry capacity standards.

Commercial 370

Commercial Lithium Ion South Korea Production 370

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. Mass production at the Ujhartyan Factory, which employs 30 people, started in July 2022.

Hungary 170

Hungary Li-ion Supplies South Korea 170

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. Through this contract, OCI will supply monosilane to Nexeon from 2025. Earlier post.) Earlier post.)

Commercial 150

Commercial Lithium Ion South Korea Production 150

Green Car Congress

JANUARY 16, 2023

Hanwha Group and LG Energy Solution (LGES) will invest in building battery production facilities in the United States. 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 9, 2022

South-Korea-based POSCO has acquired silicon anode startup Tera Technos for 47.8 billion won (US$37 million), as the steelmaker enlarges its position within the Li-ion battery supply chain. POSCO intends to invest $20 billion into the lithium-ion supply chain between now and 2030. Earlier post.)

South Korea 347

South Korea Li-ion Argentina Taiwan 347

Green Car Congress

DECEMBER 17, 2021

The rapid growth of the hybrid and electric vehicle segment could potentially cause demand for electrical steel to outpace supply from 2025, according to a new report by a team of analysts from the Automotive Supply Chain and Technology team at IHS Markit. Concentrated manufacturing footprint.

Supplies 243

Supplies Cleveland Electric Electrical 243

Green Car Congress

AUGUST 23, 2021

During the first half of 2021, wafer fab capacity constraints were causing the greatest disruption and getting the most attention as the “semiconductor shortage” affecting automotive production. COVID-19 Still Impacting Supply Chain. Global Light Vehicle Production Forecast Implications. This represents an 8.3% million to 7.1

Light 186

Light Supplies Global Malaysia 186

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 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

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 Construction of the plant will begin in the first quarter of next year with mass production to start in the second half of 2025. billion) by 2027.

Tennessee 259

Tennessee South Korea Building Renewable 259

Teslarati

JANUARY 7, 2023

CATL is continuing to expand battery production in China as it looks to maintain its grip on the battery cell market. 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. Shoot me an email at william@teslarati.com.

China 98

China South Korea Production Batteries 98

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

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

DECEMBER 9, 2020

The new “Green Hydrogen Catapult” initiative will see green hydrogen industry leaders target the deployment of 25 gigawatts through 2026 of renewables-based hydrogen production, with a view to halve the current cost of hydrogen to below US$2 per kilogram. —Paddy Padmanathan, CEO of ACWA Power. ºC campaign. degrees Celsius.

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Green Hydrogen Companies Saudi Arabia 321

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 120

Renewable Manufacturer Energy Batteries 120

Green Car Congress

MARCH 24, 2022

and LG Energy Solution (LGES) have executed binding, definitive agreements to establish the first large-scale, domestic, electric-vehicle battery manufacturing facility in Canada. billion USD) to establish operations, which will include an all-new battery manufacturing plant located in Windsor, Ontario, Canada. Stellantis N.V.

Canada 199

Canada North America South Korea Energy 199

Green Car Congress

JUNE 23, 2021

Under most of the mass-production plans, the solid-state battery will likely take off after 2025, although small-scale production may happen even earlier, IDTechEX said. Lithium-ion battery manufacturing has been dominated by East Asia, with Japan, China, and South Korea playing a significant role.

Market 418

Market Batteries Battery Li-ion 418

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 143

India Manufacturer Batteries Battery 143

Green Car Congress

NOVEMBER 13, 2022

Cathode manufacturers are worried about the availability of raw materials and the possibility of shortages of critical metals like lithium, nickel and cobalt, while anode producers are more concerned with the underlying nature of the feedstock. Battery manufacturers are frantically building production capacity to meet demand.

Energy 195

Energy Batteries Battery South Korea 195

Green Car Congress

JANUARY 31, 2022

LGES is the second largest battery maker in the world with over 20% market share1 and supplies its products to leading global Original Equipment Manufacturers (OEMs). LGES is currently manufacturing lithium-ion batteries in Poland, US, China, and South Korea, and is looking at expanding its production capacity.

Energy 150

Energy South Korea Poland Lithium Ion 150

Green Car Congress

SEPTEMBER 10, 2012

have formed a 50/50 joint venture partnership to manufacture MidRange engines in Korea extending from 150 hp to 300 hp (112-224 kW) output for application in a wide range of Hyundai construction and industrial equipment. The launch of the Hyundai Cummins Engine Company (HCEC) joint venture took place in Ulsan, Korea. liter to 8.9-liter

South Korea 231

South Korea Hyundai Engine Building 231

Green Car Congress

DECEMBER 24, 2022

Australia is the largest lithium exporter in the world, accounting for 46% of the world’s lithium production in 2021. Australia’s lithium production is forecast to grow from 335,000 tonnes of lithium carbonate equivalent (LCE) in 2021–22 to 399,000 tonnes in 2022–23 and 470,000 tonnes of LCE in 2023–24. billion in 2021–22 to $16.1

Australia 281

Australia South Korea Chile Argentina 281

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.

Hyundai 52

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. Under the terms of the deal, LGES would be receiving 40% of Compass Minerals’ anticipated annual production of 11,000 metric tons during the first phase of its Ogden, Utah site.

Utah 85

Utah Supplies Carbon Energy 85

Green Car Congress

JUNE 27, 2019

Saudi Aramco and its affiliates signed 12 agreements with major South Korean companies to reinforce relationships with South Korea, expand international operations, and support the region’s energy security with the expansion of Arabian crude oil supply to Asian markets. Earlier post.). Hyundai Oilbank. Daelim Industrial.

Saudi Arabia 223

Saudi Arabia South Korea Carbon Fiber Hyundai 223

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. . For now, Panasonic is looking to set up a prototype production line to test 4680 battery cells. It may also supply the batteries to both Tesla and other automakers. .

Batteries 145

Batteries Battery Production Tesla 145

Green Car Congress

OCTOBER 13, 2014

The MOU establishes a process for appointing Integrated Energy to be the dealer of Detroit Electric products in Jeju Island, South Korea. Jeju Island, equipped with the most comprehensive electric vehicle charging infrastructure in South Korea, has set its sights on becoming a zero car-emissions zone by 2020.

Detroit 240

Detroit South Korea Energy Sale 240

Green Car Congress

JULY 15, 2021

SK Siltron CSS, a semiconductor wafer manufacturer, plans to invest $300 million and create up to 150 high-paying, skilled jobs in Bay County, Mich., over the next three years to provide manufacturing and R&D capabilities of advanced materials for electric vehicles. to join its existing site in nearby Auburn, Mich.

Michigan 150

Michigan Power Powered South Korea 150