Tag: South Korea

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 - 03:41 pm

ABB drives zero-emission ferries in South Korea

ABB has won an order from South Korean shipyard Haemin Heavy Industries. The Swiss company will supply a complete power supply and propulsion solution for the Busan Port Authority’s first all-electric passenger ferry.

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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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Sep 16, 2020 - 12:01 pm

Kia plans seven new BEV models by 2027

Kia has published an update on its electrification strategy that builds on the ‘Plan S’ presented in January. The Korean company presented the first sketch of the electric sedan scheduled for launch in 2021.

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Sep 9, 2020 - 02:37 pm

Good year for South Korean battery production

South Korean electric vehicle battery manufacturers more than doubled their market share between January and July 2020. In general, the market contracted by 16.8 per cent from 64.1 to 53.3 GWh capacity during the first seven months of the year due to corona.

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Aug 31, 2020 - 01:28 pm

The Korean battery giants battle on

After a preliminary ruling in favour of LG Chem was issued in the U.S. regarding the legal dispute between the South Korean battery manufacturers LG Chem and SK Innovation, the legal dispute between the two companies continued in South Korea – and a ruling has been made.

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Aug 11, 2020 - 11:25 am

Tesla success in South Korea causes subsidy review

The successful sales of Tesla in South Korea could lead to a withdrawal of the state premiums there. After Tesla vehicles benefited from 43 per cent of all subsidies paid out in the first half of 2020, the South Korean Ministry of the Environment has now announced changes.

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Aug 10, 2020 - 01:11 pm

Hyundai is launching Ioniq as a fully electric subsidiary

Hyundai is making Ioniq its own sub-brand for future battery electric vehicles based on the new Electric Global Modular Platform (E-GMP) with 800-volt technology. The first model will be the Ioniq 5 based on the Hyundai 45 concept car next year, with two further Ioniq models already announced.

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Jul 19, 2020 - 03:22 pm

Korea to extend subsidies for electric cars to 2025

South Korea has extended the electric vehicle subsidies until 2025 as they increased the budget. The support scheme, which would have expired in 2022, also include buying premiums for buses and trucks with battery-electric and hybrid drives.

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Jul 3, 2020 - 02:10 pm

LG Chem to produce Tesla cells in South Korea

LG Chem wants to convert part of its battery cell production in South Korea for the manufacture of Tesla batteries. According to a media report, the capacity at LG Chem’s plant in Nanjing, China, which has been supplying Tesla’s Shanghai Gigafactory up to now, is no longer sufficient.

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Found on electrive.com
https://www.electrive.com/2021/02/26/sk-group-presents-long-term-hydrogen-roadmap/
26.02.2021 14:38