South Korea's major battery manufacturers, in response to the demands of the global automotive industry, will require battery material suppliers to provide materials meeting the RE100...
Driven by significant grants under the US Inflation Reduction Act (IRA), South Korean battery makers LGES, SK On, and Samsung SDI have expanded their production investments in North...
South Korea-based battery manufacturer SK On is accelerating expansion. The company will invest in a new battery material plant in Quebec, Canada, with Ford. It also plans to build...
TSMC has officially entered the European automotive supply chain with plans to establish a joint venture fab in Dresden, Germany, relieving European automakers' concerns about chip...
The US Department of Energy announced on June 22 that it plans to loan US$9.2 billion to BlueOval SK, the battery joint venture between Ford and South Korea-based SK On. The loan...
SK Innovation Co.'s battery unit will raise as much as $944 million from financial investors in a bid to more than double its global production capacity by the middle of the decade...
To meet demand for clean energy in the next generation, hydrogen energy has been regarded as a key market for new energy development by various countries, and Taiwan makers, including...
South Korea's top-3 battery makers SK On, LG Energy Solution (LGES), and Samsung SDI are all on track to build additional domestic production capacities, in order to reduce the country's...
Hyundai Motor Group and SK On Co. will spend as much as $5 billion in North America for the production of electric car batteries as President Biden's green bill encourages companies...
The South Korean government released a series of strategies to help local battery companies gain a global presence, especially in the US. Notably, the government will offer KRW7 trillion...
LG Energy Solution made progress in gaining a global presence. The South Korean battery maker announced a non-binding memorandum of understanding on February 21 with Ford and Turkish...
South Korea-based research firm SNE Research recently released an analysis of non-Chinese global EV battery usage in 2022. LG Energy Solution topped the list again with a market share...
One of South Korea's largest conglomerates, SK Group, received the US president Joe Biden on November 29 at its new Michigan facility, according to the group. Biden toured the new...
SK On, one of the largest EV battery manufacturers from South Korea, signed a memorandum of understanding (MOU) on November 28 with Hyundai Motor Group. The two companies will be...
