vanadium ion battery energy storage system (VIB ESS)
Scope
Date
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Shipping & Shipbuilding
Hanwha Systems, HJ S&C to enter overseas naval vessel market
South Korea's Hanwha Systems Co. said on Tuesday that it signed a memorandum of understanding (MOU) with HJ Shipbuilding & Construction Co. to...
Nov 05, 2024 (Gmt+09:00)
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Energy
HD Hyundai, Amogy, SK to co-work on ammonia-hydrogen power
South Korea's HD Hyundai Infracore Co. said on Monday it partnered with Amogy Inc., a US-based ammonia-powered systems developer, and SK Innova...
Nov 04, 2024 (Gmt+09:00)
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Batteries
L&F to supply ultra-high nickel cathodes to Korean, US EV makers
South Korea’s leading battery materials maker L&F Co. plans to begin mass production of nickel-cobalt-manganese (NCM) battery cathodes wit...
Nov 03, 2024 (Gmt+09:00)
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Corporate restructuring
SK Innovation-SK E&S merger creates Asia’s No. 1 energy supplier
SK Group on Friday launched the merged entity between SK Innovation Co. and liquefied natural gas supplier SK E&S Co., a key step in the energy-...
Nov 01, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai may nearly double shipbuilding capacity in Vietnam
HD Hyundai Co., the world’s second-largest shipbuilder, is likely to nearly double its vessel construction capacity in Vietnam to meet surging...
Oct 31, 2024 (Gmt+09:00)
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Energy
Hyundai Motor signs Korea’s largest renewable energy purchase deal
South Korea’s top automaker Hyundai Motor Co. said on Wednesday it has signed a deal to procure 610 gigawatt-hours (GWh) of renewable energy a...
Oct 30, 2024 (Gmt+09:00)
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Earnings
Samsung SDI's operating profit plunges in Q3 amid EV chasm
Samsung SDI Co., the world’s sixth-largest battery maker, continues to grapple with dwindling battery demand from the electric vehicle industr...
Oct 30, 2024 (Gmt+09:00)
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Business & Politics
South Korea to deploy ‘Iron-Dome’ style defense system early
South Korea will deploy a new air defense system, similar to Israel’s Iron Dome, against North Korean artillery attacks earlier than previousl...
Oct 29, 2024 (Gmt+09:00)
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Earnings
LG Energy Q3 profit more than doubles on higher sales; shares jump
LG Energy Solution Ltd., the world’s third-largest battery maker, said its quarterly operating profit more than doubled from the previous thre...
Oct 28, 2024 (Gmt+09:00)
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Energy
KEPCO shortlisted for Saudi Arabia's solar energy projects
Korea Electric Power Corp. (KEPCO), the South Korean state-run utility company, was shortlisted as a final candidate for renewable energy projects i...
Oct 28, 2024 (Gmt+09:00)
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Chemical Industry
LG Chem opens Europe Innovation Center in Germany
South Korea's LG Chem Ltd., the world’s fourth-largest chemicals manufacturer, said on Sunday the opening of its Europe Innovation Center in F...
Oct 28, 2024 (Gmt+09:00)
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Logistics
Hyundai Glovis introduces EV drill lance on car carriers
South Korea's Hyundai Glovis Co. said on Thursday that it will introduce a special fire suppression tool, the EV (Electric Vehicle) - Drill Lance, f...
Oct 24, 2024 (Gmt+09:00)
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Logistics
Samsung SDS, Korea Air Force to cooperate on military logistics
South Korea's Samsung SDS Co. said on Tuesday it signed an agreement with the Korea Air Force Headquarters to cooperate on the digital transformatio...
Oct 24, 2024 (Gmt+09:00)
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Batteries
LG Energy, Stellantis’ EV battery JV in Canada mass-produces modules
LG Energy Solution Ltd., the world’s third-largest electric vehicle battery manufacturer, said on Wednesday its joint venture in Canada with m...
Oct 23, 2024 (Gmt+09:00)
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Business & Politics
Hyundai E&C, South Australia sign renewable energy, infrastructure deal
South Korea’s Hyundai Engineering & Construction Co. said on Tuesday it has signed a comprehensive deal on cooperation in the renewable en...
Oct 22, 2024 (Gmt+09:00)
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Energy
POSCO International eyes M&A in US natural gas market
POSCO International Corp., the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., is considering ac...
Oct 21, 2024 (Gmt+09:00)
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ESG
Hyundai Motor Group six affiliates to strengthen carbon neutrality
Hyundai Motor Group said on Monday that six affiliates and Hyundai Engineering & Construction Co. signed a memorandum of understanding (MOU) for...
Oct 21, 2024 (Gmt+09:00)
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Tech, Media & Telecom
CJ OliveNetworks to build HiteJinro smart factory in Vietnam
South Korea's CJ OliveNetworks said on Thursday it secured a contract to build a smart factory of the nation's leading soju maker HiteJinro Co. in V...
Oct 17, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai Mobis to invest $257 mn in EV parts plants in Slovakia
Hyundai Mobis Co., the world’s fifth-largest auto parts maker, agreed to invest some 350 billion won ($256.9 million) in building electric veh...
Oct 16, 2024 (Gmt+09:00)
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Batteries
LG Energy to supply batteries for Ford's electric commercial vehicles
LG Energy Solution Ltd., the world’s third-largest electric vehicle battery manufacturer, is set to supply battery cells and modules to US For...
Oct 15, 2024 (Gmt+09:00)
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Energy
Korea’s Hyundai E&C likely to join UK SMR race with Holtec
South Korea’s Hyundai Engineering & Construction Co. (Hyundai E&C), in partnership with US-based Holtec International Corp. is likely ...
Oct 14, 2024 (Gmt+09:00)
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Machinery
Doosan Bobcat RogueX2 wins Red Dot Design Award
South Korea's Doosan Bobcat said on Friday that its construction equipment RogueX2 won the prize in the Design Concept category at the Red Dot Desig...
Oct 11, 2024 (Gmt+09:00)
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Construction
Hyundai E&C, Surbana Jurong to team up on power projects
South Korea's Hyundai Engineering & Construction Co. (Hyundai E&C) established a cooperative network with Singapore's largest public-sector ...
Oct 10, 2024 (Gmt+09:00)
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Corporate restructuring
Samsung to cut chip executive jobs, restructure in battle versus SK Hynix
Samsung Electronics Co. plans to drastically cut its chip executive jobs and restructure semiconductor-related operations as it struggles to compete...
Oct 10, 2024 (Gmt+09:00)
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Research & Development
Hyundai Motor Group expands R&D partnership with Singapore
Hyundai Motor Group, the world’s third-largest automaker, has expanded its research partnership with Singapore into energy, artificial intelli...
Oct 09, 2024 (Gmt+09:00)
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Batteries
LG Energy to supply EV batteries to Mercedes-Benz in N.America
LG Energy Solution Ltd., the world’s third-largest electric vehicle battery manufacturer, is set to supply cells to Mercedes-Benz AG, a German...
Oct 08, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai to produce key ship electrification part LV VFD in-house
South Korea’s HD Hyundai Co., the parent of the world’s top shipbuilder HD Hyundai Heavy Industries Co., said on Tuesday it has develope...
Oct 08, 2024 (Gmt+09:00)
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Korean startups
Hyundai Motor Group, D.Camp to host startup demo day
Hyundai Motor Group's open innovation platform ZER01NE said on Tuesday it partnered with startup accelerator D.Camp in collaboration with 19 finan...
Oct 08, 2024 (Gmt+09:00)
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Batteries
LG Energy aims to more than double sales to $50 billion by 2028
LG Energy Solution Ltd. has vowed to more than double its sales in five years to 67 trillion won ($50 billion) by diversifying its battery products ...
Oct 07, 2024 (Gmt+09:00)
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Banking & Finance
Mirae Asset Securities builds AI-based stock analysis system
South Korea's Mirae Asset Securities Co. said on Monday that it has established an AI Market Assistant system, in which artificial intelligence (AI)...
Oct 07, 2024 (Gmt+09:00)
Latest News
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