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SES Unveils New Hybrid Lithium-metal Battery for EVs

SES Unveils New Hybrid Lithium-metal Battery for EVs

SEOUL, Nov. 4 (Korea Bizwire) — SES, a Singapore-based battery developer with investments from big South Korean companies, like SK Inc. and Hyundai Motor Co., unveiled Thursday its next-generation hybrid lithium-metal battery large enough to power a sedan or SUV with the aim of commercialization by 2025. The 107 amp-hour “Apollo,” showcased at a virtual [...]

Jeju Eyes Compensation System to Encourage Use of Residual Electricity for EV Charging

Jeju Eyes Compensation System to Encourage Use of Residual Electricity for EV Charging

JEJU, Oct. 1 (Korea Bizwire) — The municipality of the southern resort island of Jeju will introduce a compensation system to promote the use of overproduced and wasted renewable energy for electric vehicle (EV) charging. The the Jeju provincial government on Thursday signed a business agreement with the state-run energy firm Korea Electric Power Corp. [...]

POSCO International Wins Order to Supply EV Components to North American Startup

POSCO International Wins Order to Supply EV Components to North American Startup

SEOUL, Sept. 7 (Korea Bizwire) — POSCO International Corp., a South Korean general trading company, said Monday that together with local auto part maker Erae Automotive Systems Co. it had received an order to supply electronic vehicle (EV) components to a North American EV startup. The company will supply about 145 billion won (US$125 million) [...]

S. Korea Strengthens Mandatory EV Charger Installation Requirements for Apartment Complexes

S. Korea Strengthens Mandatory EV Charger Installation Requirements for Apartment Complexes

SEOUL, Aug. 31 (Korea Bizwire) — Developers of new apartment complexes in Korea will be obliged to install electric vehicle (EV) chargers at 5 percent of the total number of parking spaces, while existing apartment complexes will be required to have EV chargers at a minimum of 2 percent of their parking spaces. The Ministry [...]