South Korea's top-3 battery makers SK On, LG Energy Solution (LGES), and Samsung SDI are all on track to build additional domestic production capacities, in order to reduce the country's...
Hyundai Motor Group and SK On Co. will spend as much as $5 billion in North America for the production of electric car batteries as President Biden's green bill encourages companies...
The South Korean government released a series of strategies to help local battery companies gain a global presence, especially in the US. Notably, the government will offer KRW7 trillion...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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.
