batteries Archives | Be Korea-savvy
Chinese Cars with Korean-made Batteries Excluded from Chinese Subsidies

Chinese Cars with Korean-made Batteries Excluded from Chinese Subsidies

SEOUL, May 24 (Korea Bizwire) — Sources in China say that electric cars equipped with Korean-made batteries were not included in a list of cars awarded subsidies by the Chinese government. According to industry insiders, the Ministry of Industry and Information Technology in China announced on its website yesterday a list of car models that [...]

Rechargeable Batteries Exports Hit Record High in 2016

Rechargeable Batteries Exports Hit Record High in 2016

SEJONG, May 26 (Korea Bizwire) – South Korea’s exports of rechargeable batteries reached a fresh record high in 2016 on rising global demand for smart devices and electric vehicles, customs data showed Friday.  Outbound shipments of accumulators, such as lithium-ion batteries amounted to a record US$4.4 billion in 2016, up 11.6 percent from $3.94 billion [...]

Yamaha’s Golf Carts to Be Equipped with LG EV Batteries

Yamaha’s Golf Carts to Be Equipped with LG EV Batteries

SEOUL, Oct. 4 (Korea Bizwire) – LG Chem Ltd., South Korea’s leading chemicals and battery maker, said Sunday that it has signed a deal to supply lithium-ion (EV) batteries to golf carts made by Japan’s Yamaha Motors Company. Under the contract, LG Chem will supply Yamaha Motors with lithium-ion batteries for its golf carts starting [...]