ev batteries
Scope
Date
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Batteries
Doosan to enter EV sector with battery recycling business
South Korea’s major power plant builder Doosan Enerbility Co. plans to set up a battery recycling subsidiary, targeting the sector expecting r...
Jul 28, 2023 (Gmt+09:00)
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Earnings
LG Energy lifts sales guidance; Samsung SDI sees firm growth
South Korean electric vehicle battery maker are offered upbeat market outlooks, gaining structural growth momentum through strong competitiveness wi...
Jul 27, 2023 (Gmt+09:00)
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Electric vehicles
Hyundai Motor eyes EV charger alliance in US to take on Tesla
South Korea’s Hyundai Motor Co. and Kia Corp. are planning to join BMW, General Motors, Honda Motor, Mercedes-Benz and Stellantis to collectiv...
Jul 27, 2023 (Gmt+09:00)
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Earnings
Kia revises up 2023 OP target after record Q2 earnings, to expedite EV push
Kia Corp. has revised upwards its operating profit target for this year to up to 12 trillion won ($9.4 billion) after reporting its best-ever quarte...
Jul 27, 2023 (Gmt+09:00)
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Batteries
OCI makes foray into battery materials market
South Korea's chemical and green energy company OCI has entered the battery materials market by landing a supply contract for key raw materials for ...
Jul 27, 2023 (Gmt+09:00)
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Batteries
S.Korea’s SK On launches domestic battery safety evaluation center
South Korean battery maker SK On has unveiled its state-of-the-art "SK On Battery Safety Evaluation Center" in Seosan, South Chungcheong Province. T...
Jul 26, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor Group, Seoul Univ. to jointly develop battery
Hyundai Motor Group opened a joint battery research center at Seoul National University, marking its full-fledged foray into next-generation battery...
Jul 25, 2023 (Gmt+09:00)
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Batteries
LG Energy Solution expands cobalt supply deal with Canada’s Electra
LG Energy Solution Ltd. has signed a long-term contract to receive additional refined cobalt from Electra Battery Materials Corp. in Canada, in a mo...
Jul 25, 2023 (Gmt+09:00)
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Korean stock market
POSCO affiliates’ shares surge; market cap rises threefold in 5 years
Shares of POSCO Group affiliates are flying high with the steelmaker rapidly transforming into a battery materials manufacturer, riding the industry...
Jul 24, 2023 (Gmt+09:00)
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Automobiles
EV6, GV60 outperform global peers in Auto Bild’s EV tests
Hyundai Motor Group’s electrification push under the direction of its Chairman Chung Euisun is more than paying off, with a slew of worldwide ...
Jul 24, 2023 (Gmt+09:00)
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Batteries
Samsung SDI, Stellantis agree to build 2nd US battery plant
South Korea’s Samsung SDI Co. and the Netherlands-based automaker Stellantis N.V. have signed a memorandum of understanding (MOU) to build the...
Jul 24, 2023 (Gmt+09:00)
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Automobiles
No subsidy, no problem: Hyundai, Kia make top 10 US list for EV sales
Hyundai Motor Co. and Kia Corp. in the first half of the year were among the top 10 in sales of battery electric vehicles (EVs) in the US despite re...
Jul 24, 2023 (Gmt+09:00)
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Batteries
POSCO Future M spurs single-crystal cathode production
GWANGYANG – POSCO Future M Co., the battery materials unit under South Korean steel giant POSCO Holdings Inc., is spurring production of singl...
Jul 23, 2023 (Gmt+09:00)
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Batteries
Korea's IMM to invest $23 mn in battery parts supplier Choil Aluminum
South Korean private credit firm IMM Credit & Solutions Inc. will invest 30 billion won ($23.4 million) in Choil Aluminum Co., an EV battery com...
Jul 21, 2023 (Gmt+09:00)
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Automobiles
Foreign carmakers hit by EV sales drop in S.Korea
Foreign carmakers such as Mercedes-Benz and Tesla Inc. suffered a sales drop in South Korea in the first half of the year, as overall car sales jump...
Jul 20, 2023 (Gmt+09:00)
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Automobiles
Hyundai Transys installs EV-customized seats on Kia EV9
South Korea's auto components maker Hyundai Transys on Thursday said it applied electric vehicle (EV) seat technology customized for electrification...
Jul 20, 2023 (Gmt+09:00)
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Batteries
Road near SK On’s US plant in Georgia named SK Blvd
South Korean battery maker SK On announced on Thursday that a road near its US corporation, SK Battery America's (SKBA) site, has been renamed "SK...
Jul 20, 2023 (Gmt+09:00)
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Batteries
Korea Zinc likely to supply copper foil to LG Energy for EV batteries
Korea Zinc Co., the world’s largest zinc and lead smelter, will likely start supplying copper foil, a key battery component, to LG Energy Solu...
Jul 17, 2023 (Gmt+09:00)
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Batteries
LG Energy Solution to expands BaaS with Mintech
South Korea's LG Energy Solution Ltd. partners with Mintech Co., a battery diagnostic solution provider, to expand its Battery-as-a-Service (BaaS) b...
Jul 17, 2023 (Gmt+09:00)
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Automobiles
S.Korea’s car exports hit H1 record high on brisk EV sales
South Korea’s automobile export value in the first six months of this year hit the highest-ever $35.7 billion for a half-year period, mainly d...
Jul 17, 2023 (Gmt+09:00)
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Electronics
Samsung Electro-Mechanics starts mass-producing power inductors
South Korea's Samsung Electro-Mechanics has started mass-producing power inductors, an essential component of electric (EV) and self-driving vehicle...
Jul 17, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor premieres first high-performance EV IONIQ 5 N
The IONIQ 5 N – Hyundai Motor Co.'s first all-electric high-performance car under its N brand – made its world premiere on Thursday, wit...
Jul 13, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung takes on Micron with new flash auto memory UFS 3.1
Samsung Electronics Co., the world’s largest memory chipmaker, has begun mass production of its latest flash memory chip, which the company sa...
Jul 13, 2023 (Gmt+09:00)
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Electric vehicles
Everon attracts $39 mn thanks to hot VC demand for EV charging
Everon, one of South Korea’s top three electric vehicle charging infrastructure and management service providers, raised 50 billion won ($39 m...
Jul 13, 2023 (Gmt+09:00)
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Automobiles
EV9 SUV to be Kia’s 1st EV assembled in US
Kia Corp. will spend over $200 million to transform part of its assembly plant in the US state of Georgia to manufacture its second all-electric SUV...
Jul 13, 2023 (Gmt+09:00)
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Batteries
POSCO sharply lifts 2030 battery materials sales targets
South Korea’s POSCO Holdings Inc. on Tuesday sharply revised up its sales targets for rechargeable battery materials as it is aiming to join t...
Jul 11, 2023 (Gmt+09:00)
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Batteries
S.Korea’s imports of LFP cathode reverses to growth after 8 years
South Korea's imports of cathode materials used to make lithium ferrophosphate (LFP) batteries in the first five months of this year rose for the fi...
Jul 11, 2023 (Gmt+09:00)
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Electric vehicles
Hyundai Engineering to enter EV charging maintenance, service market
South Korea’s Hyundai Engineering Co., the plant engineering and construction unit of Hyundai Motor Group, unveiled its ambitious plans on Mon...
Jul 10, 2023 (Gmt+09:00)
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Electric vehicles
Korea tops US eco-friendly car import rankings despite IRA disadvantage
South Korea retained its top spot in exports of eco-friendly vehicles including electric cars to the US in the first quarter despite challenges pose...
Jul 10, 2023 (Gmt+09:00)
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Mergers & Acquisitions
SKC acquires 45% stake in chip test firm ISC for $400 million
SKC Ltd., a South Korean chemical materials company, said on Friday it has acquired a 45% stake in semiconductor test equipment maker ISC Co., for 5...
Jul 07, 2023 (Gmt+09:00)