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S. Korean EV Battery Makers Set to Face Fierce Competition in Europe in 2025

S. Korean EV Battery Makers Set to Face Fierce Competition in Europe in 2025

SEOUL, Aug. 14 (Korea Bizwire) — South Korea’s electric vehicle (EV) battery makers are expected to face fierce competition in Europe in the upcoming years as European companies are ramping up efforts to expand their clout in the fast-growing sector, a trade organization here said Wednesday. LG Chem Ltd., Samsung SDI Co., and SK Innovation [...]

S. Korea’s First EV Battery Recycling Plant to Open in Yeonggwang

S. Korea’s First EV Battery Recycling Plant to Open in Yeonggwang

YEONGGWANG, Jul. 29 (Korea Bizwire) — South Korea’s first electric vehicle (EV) battery recycling firm will be established in Yeonggwang Country, South Jeolla Province. County officials announced on Saturday that the construction project for the new recycling center recently began in the Daema Industrial Complex, a regulation-free zone for the e-mobility industry. The center will [...]

Jeju Announces Opening of EV Battery Recycling Center

Jeju Announces Opening of EV Battery Recycling Center

JEJU, Jun. 25 (Korea Bizwire) — A new facility recently established on Jeju Island will recycle used batteries from electric vehicles (EVs). Jeju provincial government announced that an opening ceremony for the ‘Industrial Center for Electric Car Batteries’ will be held on Wednesday at Jeju Science Park. The center will be equipped with various facilities [...]

Technology for Compact, Safe Batteries for EVs Developed

Technology for Compact, Safe Batteries for EVs Developed

SEOUL, Jun. 17 (Korea Bizwire) — A South Korean research institute said Monday that it has developed a technology to make solid-state batteries that are very compact and safe for use in next generation electric cars and energy storage systems (ESSs). The all-solid battery replaces the liquid electrolyte found between the positive and negative poles [...]

Hyundai Develops Mobile EV Tune-up Technology

Hyundai Develops Mobile EV Tune-up Technology

SEOUL, Apr. 22 (Korea Bizwire) — Hyundai Motor Group said Monday it has developed mobile tune-up technology for its upcoming electric vehicle models. The latest achievement is part of the South Korean automotive group’s efforts to evolve into a smart mobility solutions provider in the long term. Hyundai Motor Co. and Kia Motors Corp., two [...]

SK Innovation to Spend 430 bln Won on LiBS Plant in Poland

SK Innovation to Spend 430 bln Won on LiBS Plant in Poland

SEOUL, Mar. 27 (Korea Bizwire) — SK Innovation Co., South Korea’s largest refiner by sales, said Wednesday that it will invest 430 billion won (US$380 million) to build a lithium-ion battery separator (LiBS) plant in Poland, in a bid to meet growing demand for electric vehicle batteries. The company, also a major EV battery maker, [...]

Hyundai, Kia Sell, Receive Orders for Over 10,000 EVs This Year

Hyundai, Kia Sell, Receive Orders for Over 10,000 EVs This Year

SEOUL, Feb. 24 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Motors Corp. sold or received orders for more than 10,000 electric vehicles (EV) coming into this year, corporate sources said Sunday. South Korea’s two largest automakers, and flagships of Hyundai Motor Group, account for 79 percent of all EVs sold in the [...]