EV materials
Scope
Date
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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&nbs...
Jan 28, 2024 (Gmt+09:00)
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Earnings
LG Energy leaves 2024 capex unchanged despite softer demand
LG Energy Solution Ltd. will break through the anticipated slowdown in global electric vehicle demand this year with enhanced technology leadership ...
Jan 26, 2024 (Gmt+09:00)
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Automobiles
Daedong Gear to supply $137mn EV parts to Hyundai
Daedong Gear Co., a powertrain subsidiary of South Korea’s Daedong Group, announced on Thursday that it has won a 183.6 billion won ($137 mill...
Jan 25, 2024 (Gmt+09:00)
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Fashion
CJ OnStyle launches genderless fashion brand M12
South Korea's CJ OnStyle announced on Thursday that it will launch a genderless fashion brand M12. M12 means genderless lifewear that can be worn co...
Jan 25, 2024 (Gmt+09:00)
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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 ba...
Jan 24, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai unveils aerodynamic tech to increase EV mileage
Hyundai Motor Group on Tuesday unveiled an aerodynamic technology to increase electric vehicles’ mileage as the world’s third-largest au...
Jan 23, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai, LG ask US to ease EV tax benefit requirements
South Korean electric vehicle and battery makers including Hyundai Motor Group and LG Energy Solution Ltd. have asked the US to ease requirements fo...
Jan 22, 2024 (Gmt+09:00)
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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 t...
Jan 22, 2024 (Gmt+09:00)
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Automobiles
Hyundai unveils All-New Kona Electric N Line in Europe
Hyundai Motor Co. unveiled 2024 The all-new KONA Electric N Line in the European market including the UK on Jan. 16., according to the company.&nb...
Jan 22, 2024 (Gmt+09:00)
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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'...
Jan 18, 2024 (Gmt+09:00)
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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 ...
Jan 18, 2024 (Gmt+09:00)
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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 ...
Jan 17, 2024 (Gmt+09:00)
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Steel
Korean steelmakers mull anti-dumping suit vs Chinese, Japanese firms
Under growing pressure from increased imports of cheap Chinese and Japanese steel products, South Korean steelmakers are considering filing an anti-...
Jan 17, 2024 (Gmt+09:00)
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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)&...
Jan 16, 2024 (Gmt+09:00)
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Automobiles
Korea’s Kia to set up sales unit in Thailand; EV plant an option
South Korea’s second-largest automaker Kia Corp. plans to establish a sales subsidiary in Thailand as part of its electric vehicle push in the...
Jan 16, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai, Kia offer up to $7,500 discounts for EVs in US
Hyundai Motor Group., the No. 2 electric vehicle brand in the US, is offering discounts of up to $7,500 for their EVs in the country — the max...
Jan 14, 2024 (Gmt+09:00)
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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 app...
Jan 14, 2024 (Gmt+09:00)
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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, fro...
Jan 11, 2024 (Gmt+09:00)
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Electronics
Samsung Electro-Mechanics eyes turnaround with Galaxy AI
Samsung Electro-Mechanics Co., the top electronic components maker in South Korea, aims for a turnaround this year with the launch of the first arti...
Jan 10, 2024 (Gmt+09:00)
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Korean innovators at CES 2024
Kia to launch mid-sized purpose-built vehicle PV5 in 2025
Kia Corp., the No. 2 automaker in South Korea, is set to launch its first mid-sized purpose-built vehicle model (PBV) in 2025 and start a customized...
Jan 09, 2024 (Gmt+09:00)
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Earnings
Disappointing LG Energy earnings dim outlook amid weak EVs
LG Energy Solution Ltd., the world’s second-largest battery maker, disappointed investors with quarterly earnings on the sluggish global elect...
Jan 09, 2024 (Gmt+09:00)
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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 acqu...
Jan 09, 2024 (Gmt+09:00)
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Hydrogen economy
Hyundai, Kia join hands with Gore to develop hydrogen fuel cell material
South Korea’s top automaker Hyundai Motor Group said on Friday it has signed an agreement with W. L. Gore & Associates Inc., a US material...
Jan 05, 2024 (Gmt+09:00)
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Energy
Taihan Cable wins $42 mn order for power grid in Kuwait
South Korea's Taihan Cable & Solution Co. announced on Friday that it has won a $42 million turnkey project to build a 400kV ultra-high voltage ...
Jan 05, 2024 (Gmt+09:00)
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Automobiles
Kia EV9 named NACTOY 2024
Kia EV9, the signature large all-electric sport utility vehicle (SUV) of South Korea’s No. 2 automaker Kia Corp., was named “2024 Nort...
Jan 05, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor, Kia post record US sales in 2023, to rank 4th in US
South Korea’s Hyundai Motor Group saw its vehicle sales in the US rise to an all-time high in 2023, driven by its latest models of recreationa...
Jan 04, 2024 (Gmt+09:00)
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Bio & Pharma
CGBio gets FDA approval for Novosis Putty
South Korea's bio-regenerative medical firm CGBio announced on Tuesday that its Novosis Putty has been designated as a breakthrough device by the US...
Jan 02, 2024 (Gmt+09:00)
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ESG
LG Uplus introduces eco-friendly packaging materials
South Korea's LG Uplus Corp. announced on Monday that it has introduced eco-friendly packaging materials for its network equipment to reduce carbon ...
Jan 02, 2024 (Gmt+09:00)
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Chemical Industry
S.Korean refiners’ race for EV lubricants heats up
South Korean major refiners are upping the ante to win the market for electric vehicle lubricants and liquid coolants for heat management amid the r...
Dec 31, 2023 (Gmt+09:00)
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Electric vehicles
LG gets UL certification for EV charger
LG Electronics Inc. said on Friday that its electric vehicle (EV) charger has received certification from Underwriters Laboratories (UL), the US-b...
Dec 29, 2023 (Gmt+09:00)