e-Battery Track
Scope
Date
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Corporate strategy
POSCO to comply with IRA rules to access battery tax breaks: chairman
NEW YORK – POSCO Group, which owns South Korea’s largest steelmaker, has been striving to transform into a low-carbon conglomerate by sh...
Jun 01, 2023 (Gmt+09:00)
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Chemical Industry
Toray to move into battery separator business
Toray Advanced Materials Korea Inc., a South Korea-based producer of chemical materials and technology products, is entering the battery separator f...
Jun 01, 2023 (Gmt+09:00)
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Construction
Hyundai E&C to develop future residential model All Life-care House
South Korea's Hyundai Engineering & Construction (Hyundai E&C) has announced plans to create a future residential model, the All Life-care H...
Jun 01, 2023 (Gmt+09:00)
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Batteries
LG Chem breaks ground on 4th cathode material plant in S.Korea
LG Chem Ltd., the top chemicals company in South Korea, said on Wednesday it broke ground on the country’s largest plant to produce carbon nan...
May 31, 2023 (Gmt+09:00)
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Korean stock market
Foreign demand for chip stocks powers Kospi to 1-year high
South Korea’s main bourse Kospi on Tuesday hit its highest closing since June last year, boosted by foreigners’ net buying in semiconduc...
May 30, 2023 (Gmt+09:00)
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Batteries
Hanwha Aerospace invests in US secondary battery startup
South Korea's Hanwha Aerospace Co. on Tuesday said it invested in Forge Nano, an American startup with precision nano-coating technology that exte...
May 30, 2023 (Gmt+09:00)
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Batteries
POSCO Future M-GM JV to receive investment from Canadian gov’t
POSCO Future M Co., a unit of South Korean steel giant POSCO Holdings Inc., revealed on Monday that Ultium CAM, its joint venture with General Motor...
May 30, 2023 (Gmt+09:00)
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E-commerce
Mounting deficits, time bomb for Korean e-commerce biz
Major South Korean e-commerce companies’ deficits have mounted to a level near their combined funds raised from investors, stoking fears that ...
May 30, 2023 (Gmt+09:00)
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Logistics
Hyundai Glovis wins certification for lithium battery air transport
South Korea's logistics company Hyundai Glovis Co. has obtained international certification for specialized transportation, demonstrating its expert...
May 30, 2023 (Gmt+09:00)
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Batteries
Hyundai revs up US advance with $4.3 billion battery JV with LG
Hyundai Motor Co. has taken another step closer to receiving US tax credits for its electric cars sold in the country by signing a 5.7 trillion won ...
May 26, 2023 (Gmt+09:00)
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Batteries
LG Energy's Ochang plant, Korea's EV cell mother factory
OCHANG, North Chungcheong Province -- LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, on Thursday for the ...
May 25, 2023 (Gmt+09:00)
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Construction
Hyundai E&C, Holcim to jointly develop low-carbon construction materials
South Korea's Hyundai Engineering & Construction (E&C) said on Thursday that it has established an agreement with Holcim, a renowned global ...
May 25, 2023 (Gmt+09:00)
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Batteries
SKIET secures $300 mn green loan from IFC
SK IE Technology Co. (SKIET), a global top lithium-ion battery separator (LiBS) player under South Korea’s energy and battery maker SK Innovat...
May 25, 2023 (Gmt+09:00)
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Batteries
SK On wins $909 mn from BlackRock, QIA, MBK consortium
SK On Co., the world’s fifth-largest battery maker, has confirmed it will receive a 1.2 trillion won ($908.7 million) investment for a minorit...
May 24, 2023 (Gmt+09:00)
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Batteries
Korea’s L&F to build $609 mn EV battery precursor plant
L&F Co., a major South Korean electric vehicle battery material maker, is set to spend up to 800 billion won ($608.8 million) on a factory in ...
May 23, 2023 (Gmt+09:00)
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Energy
Korean biodiesel firm Dansuk sets sights on battery recycling business
KUNSAN, North Jeolla Province – Dansuk Industrial Co., a South Korean fine chemical company, has for decades produced polyvinyl chloride (PVC)...
May 23, 2023 (Gmt+09:00)
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Chemical Industry
Hyosung Chemical makes emergency investment in crisis-hit Vietnamese subsidiary
Hyosung Chemical announced on Monday that it will invest $120 million in its Vietnamese subsidiary, Hyosung Vina Chemicals Co.Hyosung Vina Chemicals...
May 22, 2023 (Gmt+09:00)
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Hydrogen economy
Korea's SK E&S plans $14 bn joint investment in hydrogen biz
South Korea’s SK E&S Co. is poised to spend 18.5 trillion won ($13.9 billion) with partners by 2025 to set up a hydrogen industry value ch...
May 19, 2023 (Gmt+09:00)
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Waste management
SK C&C to develop solution to prevent recycling fraud
SK C&C, an information and communications technology affiliate of South Korea’s SK Group, on Thursday said it is developing a system for t...
May 19, 2023 (Gmt+09:00)
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Batteries
LG Energy Solution secures lithium concentrate in N.America
South Korea's battery maker LG Energy Solution Ltd. announced on Friday that it has signed a lithium concentrate supply contract with Australian c...
May 19, 2023 (Gmt+09:00)
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Retail
Korea's E-Mart shares tumble despite push for profitability
South Korea’s largest hypermarket chain E-Mart Inc., a unit of a local retail giant Shinsegae Group, suffered a drop in its share prices to a ...
May 18, 2023 (Gmt+09:00)
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Batteries
S.Korea, Canada to bolster key minerals supply partnership
South Korea and Canada will make close cooperation to strengthen their supply chains of critical minerals such as uranium and nickel, key materials ...
May 17, 2023 (Gmt+09:00)
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Batteries
LG Chem aims higher for battery materials with diverse portfolio
South Korea’s LG Chem Ltd. on Tuesday revised up its 2030 sales goal for battery materials by 45% after it delivered stronger-than-expected re...
May 16, 2023 (Gmt+09:00)
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Batteries
Canada’s Trudeau to visit Seoul as LG-Stellantis battery JV suspended
South Korea’s LG Energy Solution Ltd. and multinational automaker Stellantis N.V. have stopped construction at a $ 4 billion electric vehicle ...
May 16, 2023 (Gmt+09:00)
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Electric vehicles
Hyundai to invest $2.45 bn in India, eyes spot in global EV top 3
South Korea’s top automaker Hyundai Motor Co. will invest 200 billion rupees ($2.45 billion) in the Indian state of Tamil Nadu over the next d...
May 12, 2023 (Gmt+09:00)
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Earnings
Lotte Chemical projects recovery in Q2 after 4th consecutive loss in Q1
Lotte Chemical Corp. suffered its fourth consecutive operating loss in the first quarter due to a prolonged petrochemical slowdown amid the global e...
May 11, 2023 (Gmt+09:00)
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Logistics
CJ Logistics to establish global distribution center in Saudi Arabia
South Korea's CJ Logistics unveiled plans on Thursday to construct a Global Distribution Center (GDC) in Saudi Arabia, a burgeoning logistics hub in...
May 11, 2023 (Gmt+09:00)
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Earnings
Coupang reports third profitable quarter in a row
South Korea’s Coupang Inc. on Wednesday reported three quarters of consecutive profits, calming investors' concerns about its cumulative ...
May 10, 2023 (Gmt+09:00)
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Construction
GS E&C apologizes for collapse of apartment parking lot
GS Engineering & Construction Co. made an official apology on Tuesday for the collapse of a structure in an underground parking lot of a new apa...
May 09, 2023 (Gmt+09:00)
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Batteries
SK Ecoplant to build waste EV battery recycling plant in China
South Korea's SK Ecoplant Co. will build a recycling facility for electric vehicle (EV) waste batteries in the eastern Chinese province of Jiangsu, ...
May 08, 2023 (Gmt+09:00)