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LG-led Consortium Pushing for US$9 bln Battery Supply Chain Project in Indonesia

LG-led Consortium Pushing for US$9 bln Battery Supply Chain Project in Indonesia

SEOUL, April 18 (Korea Bizwire) — A South Korean consortium led by LG has signed an initial agreement with Indonesia’s state-run companies to push for a project worth around US$9 billion to establish an electric vehicle battery supply chain in the Southeast Asian country, a LG unit said Monday. The nonbinding framework agreement was signed [...]

LG Energy Solution Says U.S. Battery Probe Involves No Additional Issues

LG Energy Solution Says U.S. Battery Probe Involves No Additional Issues

SEOUL, April 6 (Korea Bizwire) — LG Energy Solution Ltd.(LGES) said Wednesday the U.S. auto safety agency’s probe into its batteries is a “follow-up procedure” to the recent recalls of electric vehicles made with LG products, stressing that it does not involve any additional issues. The U.S. National Highway Traffic Safety Administration (NHTSA) said Tuesday [...]

U.S. Battery Maker SES AI Launches Branch in S. Korea to Expand Market Foothold

U.S. Battery Maker SES AI Launches Branch in S. Korea to Expand Market Foothold

SEOUL, Feb. 11 (Korea Bizwire) — SES AI Corp., a U.S. battery developer, said Friday it has launched a subsidiary in Seoul as part of efforts to further expand its foothold in the country. The announcement by the Boston-headquartered company came about three months after it unveiled its next-generation hybrid lithium-metal battery, “Apollo,” for large [...]

Hyundai, U.S. Firm Join Hands for Battery Development

Hyundai, U.S. Firm Join Hands for Battery Development

SEOUL, Jan. 20 (Korea Bizwire) — South Korea’s Hyundai Motor Co. said Thursday it has partnered with U.S. quantum computer firm IonQ for battery development. The partnership will allow Hyundai Motor to use IonQ’s quantum computers to develop more effective car batteries, Hyundai said in a statement. Quantum-powered chemistry simulation is expected to significantly enhance [...]

KAIST Researchers Develop High-performance All-solid-state Battery

KAIST Researchers Develop High-performance All-solid-state Battery

DAEJEON, Jan. 14 (Korea Bizwire) — South Korea’s top-ranked science and technology university said Thursday that it had developed a high-performance all-solid-state battery using a high molecular electrolyte in the form of an elastomer, a synthetic resin with excellent elasticity and dynamic stability. The all-solid-state Li-metal battery was developed by changing the state of the [...]