EVbattery
Batteries
POSCO to spend $900 mn to expand lithium, cathode output in Korea
May 02, 2023 (Gmt+09:00)
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IPOs
LG Energy unveils IPO price band for Korea’s largest listing
South Korea’s LG Energy Solution Ltd. has set an initial public offering price band for the largest-ever initial listing in the country next m...
Dec 07, 2021 (Gmt+09:00)
2 Min readlanguage -
IPOs
KRX approves preliminary review of LG Energy IPO
The Korea Exchange (KRX) on Nov. 30 approved a preliminary review of LG Energy Solution Ltd.’s listing, paving the way for one of the largest-e...
Nov 30, 2021 (Gmt+09:00)
2 Min readlanguage -
Batteries
SK Innovation shareholders approve battery split-off; 2022 IPO unlikely
Shareholders of South Korea’s SK Innovation Co. on Thursday approved the company's plan to separate its battery business into a new entity.Unde...
Sep 16, 2021 (Gmt+09:00)
2 Min read -
Batteries
SK, Group14 Technologies to build $726 mn battery material plant
SK Materials Co., the industrial gas manufacturing affiliate of SK Group, said on Tuesday it is jointly investing 850 billion won ($726 million) with...
Sep 14, 2021 (Gmt+09:00)
2 Min readlanguage -
Batteries
Battery recycling: Carmakers, battery companies in new turf war
With electric vehicles increasingly going mainstream, the world’s major carmakers and battery companies face another type of turf war: battery ...
Aug 16, 2021 (Gmt+09:00)
4 Min readlanguage -
EV Batteries
SK Innovation to split battery unit in October, seeks IPO
South Korea’s top energy company SK Innovation Co. decided to split off its battery business in October with a plan to list the new affiliate n...
Aug 04, 2021 (Gmt+09:00)
4 Min readlanguage -
EV Batteries
Hyundai Motor, LG Energy to build $1.1 bn EV battery plant in Indonesia
Hyundai Motor Group and LG Energy Solution Ltd. will invest $1.1 billion in an electric vehicle (EV) battery cell factory in Indonesia to capture Asi...
Jul 29, 2021 (Gmt+09:00)
2 Min readlanguage -
Batteries
POSCO to build $200 mn nickel refining plant to ramp up battery materials
POSCO, the world’s fifth-largest steelmaker by output, said on Wednesday it is spending 230 billion won ($200 million) to build a nickel sulfat...
Jul 28, 2021 (Gmt+09:00)
1 Min readlanguage -
Batteries
Korean battery shares tumble as VW gears up for in-house production
Shares of South Koreas’ major battery makers tumbled on Tuesday after Volkswagen AG announced it will gradually switch the type of batteries us...
Mar 16, 2021 (Gmt+09:00)
4 Min readlanguage -
Batteries
LG Energy to invest over $4.5 bn to expand US battery facilities
LG Energy Solutions Ltd. announced on Friday that it will invest more than 5 trillion won ($4.5 billion) by 2025 to expand its US battery business, i...
Mar 12, 2021 (Gmt+09:00)
3 Min readlanguage -
Batteries
LG Energy, GM in talks to build 2nd EV battery plant in Tennessee
South Korea’s LG Energy Solution Ltd. is exploring building a second electric car battery plant in the US with joint venture partner General Mo...
Mar 05, 2021 (Gmt+09:00)
3 Min readlanguage -
Electric vehicles
Hyundai, LG Energy agree to split EV recall costs, reflect in Q4 results
Hyundai Motor Co. and LG Energy Solution Ltd. have agreed on how to split the costs of replacing the electric vehicle batteries made by the LG Group ...
Mar 05, 2021 (Gmt+09:00)
2 Min readlanguage -
EV Batteries
SK Innovation to raise $920 mn for US battery plant expansion
South Korea-based SK Innovation Co. is ramping up investment for its US-based electric vehicle battery business, with plans to raise up to 1 trilli...
Jan 07, 2021 (Gmt+09:00)
2 Min readlanguage -
Batteries
LG Chem, China’s CATL neck and neck in race for top battery player’s spot
Global competition for the world’s top spot for the manufacture of electric-vehicle batteries is getting fiercer as major players in South Kore...
Nov 29, 2020 (Gmt+09:00)
2 Min readlanguage -
Batteries
SK Innovation opens 2nd China battery plant, eyes world’s top 3 spot
SK Innovation Co. has begun operating its second electric vehicle battery plant in China as the South Korean company expands its presence in the worl...
Nov 25, 2020 (Gmt+09:00)
3 Min read
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