SEOUL, June 22 (Korea Bizwire) — Hyundai Motor Group’s heir apparent met with the head of LG Group in the latest move to discuss cooperation in the electric vehicle (EV) battery business, Hyundai Motor said Monday. Hyundai Motor Group Executive Vice Chairman Chung Euisun and LG Group Chairman Koo Gwang-mo discussed how to cooperate on [...]
SEOUL, June 19 (Korea Bizwire) — The heads of Hyundai Motor Group and LG Group, South Korea’s two major conglomerates, will meet next week to discuss expanded cooperation in the electric vehicle business, a person familiar with the matter said Friday. Hyundai Motor Group Executive Vice Chairman Chung Euisun is set to discuss an expanded [...]
SEOUL, June 9 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Motors Corp. said Tuesday their combined electric vehicle sales jumped 58 percent in the January-May period from a year earlier on demand from Europe. Hyundai and Kia sold 40,182 all-electric vehicles in the first five months, up from 25,454 units in the [...]
SEOUL, May 13 (Korea Bizwire) — The heirs apparent of South Korea’s top two family-run conglomerates had a rare meeting Wednesday to discuss possible cooperation in the electric vehicle (EV) business. Samsung Group Vice Chairman Lee Jae-yong exchanged views on Samsung’s development of new all-solid-state battery technology and its future with Hyundai Motor Group Executive [...]
SEOUL, May 11 (Korea Bizwire) — Hyundai Motor Co., South Korea’s biggest carmaker by sales, said Monday it plans to launch a new large-size electric vehicle next year to absorb rising demand for environment-friendly vehicles. Hyundai Motor recently explained the planned launch of the electrified model, with the project name of NE, and its production [...]
SEOUL, May 7 (Korea Bizwire) — LG Chem Ltd., South Korea’s leading chemical firm, overtook Japan’s Panasonic to become the largest supplier of electric vehicle (EV) batteries for the first time, data showed Thursday. Based on the global usage of EV batteries, LG Chem’s market share stood at 27.1 percent in the first quarter, up [...]
London, May 1, 2020 (GLOBE NEWSWIRE) — • Benchmark’s EV Supply Chain Festival 2020 to take place online over 4 days online from Tuesday 26 May to Friday 29 May • Featuring 25+ online seminars and conferences catering for all time-zones from Australia through to West Coast USA • All content is free to view but you [...]
SEOUL, April 20 (Korea Bizwire) — SK Innovation Co., a major energy and chemical company in South Korea, said Monday that it will supply electric vehicle (EV) batteries to its Chinese partner, Beijing Automotive Group (BAIC Group). BAIC’s MARK 5, set to be released in the second half of this year, will be powered by [...]
WASHINGTON, March 31 (Korea Bizwire) — Siemens AG CEO Joe Kaeser and other key speakers, sponsors and exhibitors from the entire electric drive supply chain, including R&D experts, leading manufacturers, top industry executives and government partners, are slated to participate in the 33rd Electric Vehicle Symposium and Exposition (EVS33), scheduled for June 14 thru 17, [...]
SEOUL, March 10 (Korea Bizwire) — Samsung Electronics Co. said Tuesday its researchers have developed an advanced battery technology that can boost performance of electric vehicles (EVs). Samsung’s study on new all-solid-state battery technology was presented to Nature Energy, one of the world’s leading scientific journals, the South Korean tech giant said. Compared with lithium-ion [...]