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 [...]
SEOUL, March 5 (Korea Bizwire) — U.S. carmaker Tesla Motors Inc. is speeding up expansion in the South Korean market for electric vehicles (EVs) with its Model 3. The Ministry of Land, Infrastructure and Transport reported that Tesla sold 1,433 cars last month, setting a new monthly sales record in South Korea since it joined [...]
SEOUL, March 3 (Korea Bizwire) — LG Chem Ltd., South Korea’s largest chemicals company, said Tuesday it has acquired a Turkish television assembly factory in Poland for US$31.4 million to expand its plant for electric vehicle (EV) batteries. LG Chem signed the deal with Turkish electronics and appliance maker Vestel last month, a company official [...]
SEOUL, March 2 (Korea Bizwire) — The market share of South Korea’s major electric vehicle (EV) battery producers reached a record high last month, industry data showed Monday. Based on the global usage of their EV batteries, the combined market share of three South Korean EV battery makers — LG Chem Ltd., Samsung SDI Co. [...]
SEOUL, Feb. 25 (Korea Bizwire) — LG Chem Ltd., South Korea’s largest chemicals company, said Tuesday it will supply batteries to American electric carmaker Lucid Motors by 2023. LG Chem said it has signed a deal to supply cylindrical batteries for the Lucid Air luxury sedan, which will be launched for mass production in the [...]
LEBANON, Beirut, Feb. 21 (Korea Bizwire) — Electra looking to outperform, out price and out class the current EV market by building an ecofriendly supercar fit for the mid-range consumer. The ultimate symbol of strength and renewal, Electra is built with the finest EV technology available. The priority for Electra is to replace the current [...]