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Wednesday 22 February 2023
LGES to build battery plant with Ford, Koc Holding in Turkey
LG Energy Solution made progress in gaining a global presence. The South Korean battery maker announced a non-binding memorandum of understanding on February 21 with Ford and Turkish...
Monday 20 February 2023
LGES retains crown in 2022 non-Chinese global EV battery usage
South Korea-based research firm SNE Research recently released an analysis of non-Chinese global EV battery usage in 2022. LG Energy Solution topped the list again with a market share...
Thursday 1 December 2022
SK Group commits in US manufacturing for EV
One of South Korea's largest conglomerates, SK Group, received the US president Joe Biden on November 29 at its new Michigan facility, according to the group. Biden toured the new...
Wednesday 30 November 2022
SK On, Hyundai building EV supply chain in Georgia, US
SK On, one of the largest EV battery manufacturers from South Korea, signed a memorandum of understanding (MOU) on November 28 with Hyundai Motor Group. The two companies will be...
Wednesday 23 November 2022
Korean battery maker rumored to partner with Chinese maker to expand LFP in US
There have been market rumors about a Korean lithium battery maker planning to work together with a Chinese maker to complement each other's technical advantages even before the US...
Wednesday 16 November 2022
SK On seeks stable, long-term lithium supply
SK On recently announced that it has signed a deal with Chile's SQM for high quality lithium hydroxide for five years starting in 2023. The South Korean company has also reached an...
Thursday 29 September 2022
Inflation Reduction Act fuels South Korean uncertainty on Chip 4 membership
On her visit to South Korea, US vice president Kamala Harris vowed to work with the country to resolve the disputes surrounding the US Inflation Reduction Act (IRA). Signed into law...
Thursday 25 August 2022
SK On produces EV battery with Ford in US and develops new BMIC with Autosilicon
Safety is the priority over every other feature when it comes to cars, and therefore, automotive applications need to go through long process of authentication and testing to ensure...
Wednesday 3 August 2022
SK Group launches EV charger business and ramps up US investment
SK Group, one of the conglomerates in South Korea, announced that it is investing an additional US$22 billion in semiconductors and the EV ecosystem in the US, according to the group's...
Monday 25 April 2022
South Korea challenged by China's tight grip on battery materials
South Korea is facing challenges to expand its electric vehicle (EV) battery industry due to soaring costs of raw materials that are tightly controlled by China.
Tuesday 25 January 2022
EV battery makers to expand production capacities in US
LG Energy Solution (LGES), SK On, and Samsung SDI will expand EV (electric vehicle) battery production capacities in the US at a large scale, and consequently their combined production...
Thursday 20 January 2022
Will US government scrutinize companies building the country's lithium-ion battery supply chain?
Thanks to the rising demand for electric vehicles (EV) and energy storage solutions, lithium-ion batteries are set to be the next strategic resource after semiconductors. Because...
Thursday 30 December 2021
SK On puts IPO on hold till at least 2023
LGES and SK On employ very different strategies when it comes to going public. While the former is scheduled to go public in January 2022, the latter recently announced that it has...