Tag: South Korea

Jun 14, 2021 - 11:08 am

Polestar and SK consider EV development alliance

Electric car manufacturer Polestar is exploring a wide-ranging alliance with South Korean conglomerate SK to advance the development of electric cars. The possible collaboration also includes a potential supply of SK batteries for upcoming Polestar vehicles.

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Jun 10, 2021 - 12:10 pm

LG Energy Solution moves towards IPO

LG Energy Solution has applied to the Korea Exchange for preliminary approval of an IPO. The company is also taking a stake in the Australian battery materials supplier Queensland Pacific Metals (QPM).

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Jun 3, 2021 - 11:45 am

Hyundai to use BorgWarner drive module in small EVs

The integrated drive module (iDM) from BorgWarner, including the electric motor, transmission and integrated power electronics, is to be used in small electric cars from the Hyundai Motor Group, production of which is scheduled to begin in mid-2023.

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May 4, 2021 - 01:25 pm

BASF and Umicore sign patent agreement

BASF and Umicore have entered into a non-exclusive patent agreement covering a broad range of cathode materials and their precursors. The cross-licensing deal covers more than 100 patent families filed in Europe, the USA, China, Korea and Japan.

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Apr 29, 2021 - 01:37 pm

Kia & SK Innovation plan circular EV battery economy

In South Korea, Kia Motors and SK Innovation have joined forces to build a circular economy for electric vehicle batteries. This involves the follow-up use of end-of-life electric car batteries as stationary energy storage units as well as the recycling of materials such as lithium, nickel and cobalt.

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Apr 12, 2021 - 11:31 am

SK Innovation & LG Energy Solution settle US legal battle

South Korean battery cell manufacturers SK Innovation and LG Energy Solution have reached a settlement in their year-long legal dispute. Both companies agreed to stop all legal proceedings in the US and South Korea and to refrain from suing each other for the next ten years.

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Mar 10, 2021 - 01:32 pm

Posco expands fuel cell component production

The South Korean steel company Posco wants to significantly expand its production capacity for bipolar plates for use in fuel cell vehicles. The production of fuel cell bipolar plates is to be expanded to 10,000 tonnes per year by 2027.

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Mar 10, 2021 - 12:54 pm

Russia: Rosatom is planning to build a battery plant

The Russian nuclear corporation Rosatom has announced plans to build a battery factory. To help build capacities and expertise, Rosatom is taking a 49 per cent stake in Enertech International, a South Korean manufacturer of electrodes, lithium-ion cells and energy storage systems.

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Feb 26, 2021 - 02:20 pm

SK Group presents long-term hydrogen roadmap

The South Korean SK Group, which recently acquired almost ten per cent of the shares in the US fuel cell specialist Plug Power, presented a long-term, multi-billion-dollar plan to enter the hydrogen economy even more comprehensively.

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Feb 23, 2021 - 01:52 pm

Posco set to expand cathode material production

The Korean company Posco Chemical has announced that it will invest 275.8 billion won (about 204 million euros) to further increase its production capacities for cathode materials for use in electric car batteries. Plants in China and Europe are probably also conceivable in the future.

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Feb 19, 2021 - 11:45 am

South Korea aims to push EV innovation

The South Korean government, in close cooperation with the industry, has decided to push technological innovations in the field of e-mobility so strongly that the prices for electric cars will drop by the equivalent of at least 7,500 euros by 2025.

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Feb 16, 2021 - 01:48 pm

Tesla Model Y launches in South Korea

Tesla has launched its electric SUV Model Y in South Korea, making its second model in the market after the Model 3 launched in 2019. The Model Y will be available in three trim levels, with the starting price for the standard range model set at 59.99 million won ($54,191).

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Feb 1, 2021 - 02:56 pm

South Korea to install 3,000 fast-charging stations in 2021

South Korea plans to install 3,000 new fast-charging stations for electric cars throughout 2021. The Ministry of Finance also plans to include 43 ultra-fast charging stations for the first time this year and will subsidise carmakers to secure sites for at least another 80 HPC stations.

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Jan 7, 2021 - 02:26 pm

South Korea’s first fuel cell refuse truck launched

South Korea’s first hydrogen-powered garbage truck entered service a few days ago in Changwon. The 5-ton truck with fuel cell will initially be tested for one year as part of a project of the South Korean Ministry of Trade, Industry and Energy with Hyundai Motor and the Korea Automotive Technology Institute.

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Jan 6, 2021 - 02:40 pm

CATL aims for 230 GWh production in 2021

CATL wants to massively expand its production capacities for battery cells, to 230 GWh this year and to 1,200 GWh in 2025. In parallel, the Chinese battery manufacturer is aiming to expand to Japan, Indonesia, the USA and Europe.

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Jan 4, 2021 - 12:57 pm

South Korea introduces upper limit for EV subsidies

The South Korean government has decided to stop providing subsidies for electric vehicles that cost more than 90 million won (the equivalent of around 67,800 euros). A further price level will be added confirming what was rumoured over the summer.

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Dec 29, 2020 - 01:21 pm

LG Electronics & Magna start EV joint venture

LG Electronics and Magna have announced a joint venture to manufacture electric motors, inverters and onboard chargers. The joint venture, tentatively named ‘LG Magna e-Powertrain,’ will also manufacture complete electric drive systems for automobile manufacturers.

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Nov 30, 2020 - 05:53 pm

LG Chem ready to do away with battery modules

LG Chem has completed the development of its Module Pack Integrated Platform (MPI). With the new platform, the battery specialist is pursuing a similar approach to CATL with its cell-to-pack battery whereby the cells are integrated directly into the battery pack instead of first being built into modules.

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Nov 1, 2020 - 06:04 pm

South Korea expands electric and H2 stations for cars

The South Korean government has just unveiled a plan to greatly increase the number of battery-electric and hydrogen fuel cell car charging and refuelling stations among other things. This latest push is an attempt to get more people driving zero-emissions cars.

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Oct 8, 2020 - 02:48 pm

Hyundai recalls 25,000 Kona models in Korea

In South Korea, Hyundai has had to recall around 25,000 Kona Electric for a faulty battery part. This follows around 13 incidents involving the LG Chem batteries of Kona electric cars. It is unclear if other markets are affected as well.

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Found on electrive.com
https://www.electrive.com/2021/06/14/polestar-and-sk-consider-ev-development-alliance/
14.06.2021 11:07