Batteries
Batteries
POSCO to build world's largest battery cathode plant cluster
Feb 22, 2024 (Gmt+09:00)
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Batteries
LG Energy expedites LFP battery supply chain expansion
LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, has secured enough lithium iron phosphate (LFP) cathode mat...
Feb 22, 2024 (Gmt+09:00)
2 Min read -
Batteries
SK On seeks up to $1.5 billion in new funding
SK On Co., a South Korean electric vehicle battery maker, is seeking to raise up to 2 trillion won ($1.5 billion) to step up facility investments, bu...
Feb 19, 2024 (Gmt+09:00)
2 Min read -
Batteries
S.Korea's EcoPro to seek local talent in Hungary
South Korean battery materials manufacturer EcoPro Co. announced on Monday that it partnered with the Debrecen Vocational Training Center in Debrecen...
Feb 19, 2024 (Gmt+09:00)
1 Min read -
Batteries
SK On to expand workforce for 4680 cylindrical batteries
SK On Co., the world’s fifth-largest electric vehicle battery maker, is set to increase its workforce for large-size cylindrical batteries with...
Feb 18, 2024 (Gmt+09:00)
2 Min read -
Batteries
LG Energy to produce 4680 batteries in August for Tesla, others: CEO
LG Energy Solution Ltd., the world’s third-largest battery maker, plans to begin mass production of larger format cylindrical cells used by Tes...
Feb 15, 2024 (Gmt+09:00)
4 Min read -
Batteries
LG Energy to buy more Australian lithium for US EV benefits
LG Energy Solution Ltd., the world’s third-largest electric vehicle (EV) battery maker, said on Wednesday it was set to buy more lithium, a key...
Feb 14, 2024 (Gmt+09:00)
2 Min read -
Batteries
GM chair to visit Korea, meet LG Energy, Samsung SDI CEOs
General Motors Chair and Chief Executive Mary Barra will visit South Korea on Wednesday to meet leaders of LG Energy Solution Ltd. and Samsung SDI Co...
Feb 06, 2024 (Gmt+09:00)
2 Min read -
Batteries
EcoPro partners with Cirba Solutions for battery recycling
South Korean battery materials manufacturer EcoPro Co. said on Thursday that it has signed a memorandum of understanding (MOU) with the US-based lit...
Feb 01, 2024 (Gmt+09:00)
1 Min read -
Batteries
LG Energy Solution's ESS division posts first-ever profit
LG Energy Solution Ltd.'s energy storage system (ESS) division posted its first-ever profit on the back of growing replacement demand and new constru...
Jan 30, 2024 (Gmt+09:00)
2 Min read -
Batteries
EcoPro hits first 100,000 tons export in high-nickel cathode material
South Korean battery materials manufacturer EcoPro Co. announced on Monday that it achieved a significant milestone last year by exporting over 100,0...
Jan 29, 2024 (Gmt+09:00)
1 Min read -
Batteries
Korean battery makers fret over Tesla’s cost-cutting plans
The South Korean battery industry is bracing for a grim market this year as Tesla Inc. is seeking every possible means to reduce costs to combat soft...
Jan 28, 2024 (Gmt+09:00)
3 Min read -
Batteries
LG Energy to supply $748 million worth of batteries to Japan’s Isuzu Motors
LG Energy Solution Ltd., one of the world’s leading battery makers, has agreed to supply its cylindrical batteries to Isuzu Motors Ltd., Japan&...
Jan 26, 2024 (Gmt+09:00)
1 Min read -
Batteries
LG Energy to invest in Li-metal battery developer Sion Power
Global lithium-ion battery major LG Energy Solution Ltd. will invest in Sion Power Corp., a US startup holding core patents in lithium-metal battery ...
Jan 25, 2024 (Gmt+09:00)
2 Min read -
Batteries
Sodium-ion batteries: Attractive option for EVs as costs, supply matter
Sodium-ion batteries (SIBs), fast emerging as the next-generation battery cells, will be up to 24% cheaper than the most affordable lithium-based bat...
Jan 24, 2024 (Gmt+09:00)
3 Min read -
Batteries
Hyundai Glovis invests in stake of EV battery recycler
South Korean shipping and logistics company Hyundai Glovis Co. announced on Monday that it has signed a share subscription agreement (SSA) related to...
Jan 22, 2024 (Gmt+09:00)
1 Min read -
Batteries
Hyundai Motor signs 4-year lithium deal with Ganfeng Lithium
Hyundai Motor Group will acquire lithium hydroxide, a key raw material for electric vehicle batteries, from the world’s No. 1 supplier Ganfeng ...
Jan 19, 2024 (Gmt+09:00)
2 Min read -
Batteries
S.Korea, Indonesia to strengthen battery materials supply chain
South Korea and Indonesia plan to strengthen the collaboration to establish an electric vehicle (EV) battery ecosystem, capitalizing on Indonesia's ...
Jan 18, 2024 (Gmt+09:00)
1 Min read -
Batteries
LG Chem sees up to 25% battery sector growth in 2024: report
South Korea’s LG Chem Ltd., the parent of the world’s second-largest electric vehicle battery maker LG Energy Solution Ltd., expects up t...
Jan 18, 2024 (Gmt+09:00)
1 Min read -
Batteries
POSCO Future M to sharply raise synthetic graphite output
South Korea’s POSCO Future M Co. will sharply raise its synthetic graphite production by the end of 2025 as China’s export restrictions o...
Jan 17, 2024 (Gmt+09:00)
2 Min read -
Batteries
SK On signs tech transfer with Solid Power
SK On Co., a battery affiliate of South Korea's SK Group, announced on Wednesday that it has signed a technology transfer agreement with the US-base...
Jan 17, 2024 (Gmt+09:00)
1 Min read -
Batteries
Korea's LX International buys Indonesian nickel miner for $100 mn
South Korean trading firm LX International Corp. said on Tuesday that it has acquired a 60% stake in Indonesian miner PT Adhi Kartiko Pratama (AKP) f...
Jan 16, 2024 (Gmt+09:00)
1 Min read -
Batteries
Samsung SDI to invest in Canada Nickel, new mine in Canada
Samsung SDI Co. has agreed to invest $18.5 million in Canada Nickel Company Inc. to secure steady supplies of nickel and cobalt, key materials for re...
Jan 15, 2024 (Gmt+09:00)
1 Min read -
Batteries
LG Elec opens its first overseas EV charger plant in Texas
South Korea’s LG Electronics Inc. has opened its first overseas EV charger factory in Fort Worth, Texas. The move comes as the global home appl...
Jan 14, 2024 (Gmt+09:00)
2 Min read -
Batteries
S.Korea to probe Chinese batteries' alleged patent violations
South Korea will investigate alleged patent infringement by Chinese makers of smartphone batteries and high-nickel cathodes upon requests by LG Chem ...
Jan 11, 2024 (Gmt+09:00)
1 Min read -
Batteries
Hanwha, ITM to develop lithium-ion batteries for submarines
Hanwha Aerospace Co., a leading South Korean defense company, has partnered with Kosdaq-listed tech firm ITM Semiconductor Co. to jointly develop bat...
Jan 11, 2024 (Gmt+09:00)
1 Min read -
Batteries
Hyundai Motor in deal to secure lithium hydroxide from China’s Chengxin
South Korea’s top automaker Hyundai Motor Group has agreed to secure lithium hydroxide, a key raw material for electric vehicle batteries, from...
Jan 11, 2024 (Gmt+09:00)
2 Min read -
Batteries
EcoPro establishes Global Resources Office for securing core minerals
South Korean battery materials manufacturer EcoPro Co. announced on Tuesday that it has established a "Global Resources Office" to expedite the acqui...
Jan 09, 2024 (Gmt+09:00)
1 Min read -
Batteries
STX invests in stake in 1.5 mn ton lithium deposit in Peru
STX Corp., a South Korean general trading company, has secured lithium, a key material for secondary batteries, and obtained a stake in a lithium min...
Jan 09, 2024 (Gmt+09:00)
1 Min read -
Batteries
SK On to develop large-size cylindrical battery with 4680 form factor
SK On Co., an affiliate of South Korea’s SK Group, will work on the development of a large-size cylindrical battery with the 4680 form factor i...
Jan 07, 2024 (Gmt+09:00)
3 Min read
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