Hanwha Aerospace invests in US secondary battery startup

Hanwha Aerospace invests in US secondary battery startup

South Korea's Hanwha Aerospace Co. on Tuesday said it invested in Forge Nano, an American startup with precision nano-coating technology that exte...

POSCO Future M-GM JV to receive investment from Canadian gov’t

POSCO Future M-GM JV to receive investment from Canadian gov’t

POSCO Future M Co., a unit of South Korean steel giant POSCO Holdings Inc., revealed on Monday that Ultium CAM, its joint venture with General Motor...

Schaeffler Korea to produce parts for hybrid cars, EVs

Schaeffler Korea to produce parts for hybrid cars, EVs

Schaeffler Korea Corp., the largest plain and roller bearing provider to automotive and industrial sectors in South Korea, is set to celebrate 70 ye...

Hyundai Glovis wins certification for lithium battery air transport

Hyundai Glovis wins certification for lithium battery air transport

South Korea's logistics company Hyundai Glovis Co. has obtained international certification for specialized transportation, demonstrating its expert...

Korea’s first integrated car plant being transformed into Kia’s EV base

Korea’s first integrated car plant being transformed into Kia’s EV base

GWANGMYEONG, Gyeonggi Province -- Kia Corp.'s oldest integrated auto plant — which is also South Korea’s first of its kind — was c...

Hyundai revs up US advance with $4.3 billion battery JV with LG

Hyundai revs up US advance with $4.3 billion battery JV with LG

Hyundai Motor Co. has taken another step closer to receiving US tax credits for its electric cars sold in the country by signing a 5.7 trillion won ...

LG Energy's Ochang plant, Korea's EV cell mother factory

LG Energy's Ochang plant, Korea's EV cell mother factory

OCHANG, North Chungcheong Province -- LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, on Thursday for the ...

POSCO completes giga steel plant in China

POSCO completes giga steel plant in China

South Korea’s largest steelmaker POSCO announced on Thursday that it has completed a specialized integrated processing facility for giga ste...

LG Electronics starts production of EV chargers

LG Electronics starts production of EV chargers

South Korea's electronic giant LG Electronics Inc. announced on Thursday that it has started production of electric vehicle (EV) chargers, marking i...

SKIET secures $300 mn green loan from IFC

 SKIET secures $300 mn green loan from IFC

SK IE Technology Co. (SKIET), a global top lithium-ion battery separator (LiBS) player under South Korea’s energy and battery maker SK Innovat...

SK On wins $909 mn from BlackRock, QIA, MBK consortium

SK On wins $909 mn from BlackRock, QIA, MBK consortium

SK On Co., the world’s fifth-largest battery maker, has confirmed it will receive a 1.2 trillion won ($908.7 million) investment for a minorit...

Korea’s L&F to build $609 mn EV battery precursor plant

Korea’s L&F to build $609 mn EV battery precursor plant

L&F Co., a major South Korean electric vehicle battery material maker, is set to spend up to 800 billion won ($608.8 million) on a factory in ...

Korean biodiesel firm Dansuk sets sights on battery recycling business

Korean biodiesel firm Dansuk sets sights on battery recycling business

KUNSAN, North Jeolla Province – Dansuk Industrial Co., a South Korean fine chemical company, has for decades produced polyvinyl chloride (PVC)...

SK C&C to develop solution to prevent recycling fraud

SK C&C to develop solution to prevent recycling fraud

SK C&C, an information and communications technology affiliate of South Korea’s SK Group, on Thursday said it is developing a system for t...

LG Energy Solution secures lithium concentrate in N.America

LG Energy Solution secures lithium concentrate in N.America

South Korea's battery maker LG Energy Solution Ltd. announced on Friday that it has signed a lithium concentrate supply contract with Australian c...

S.Korea, Canada to bolster key minerals supply partnership

S.Korea, Canada to bolster key minerals supply partnership

South Korea and Canada will make close cooperation to strengthen their supply chains of critical minerals such as uranium and nickel, key materials ...

LG Chem aims higher for battery materials with diverse portfolio

LG Chem aims higher for battery materials with diverse portfolio

South Korea’s LG Chem Ltd. on Tuesday revised up its 2030 sales goal for battery materials by 45% after it delivered stronger-than-expected re...

Samsung Electro-Mechanics unveils high-capacity MLCCs for EVs

Samsung Electro-Mechanics unveils high-capacity MLCCs for EVs

Samsung Electro-Mechanics Co., a South Korean electronic components maker, on Tuesday showcased two new multi-layer ceramic capacitors (MLCCs) with ...

Canada’s Trudeau to visit Seoul as LG-Stellantis battery JV suspended

Canada’s Trudeau to visit Seoul as LG-Stellantis battery JV suspended

South Korea’s LG Energy Solution Ltd. and multinational automaker Stellantis N.V. have stopped construction at a $ 4 billion electric vehicle ...

Hyundai Wia starts to produce coolant hub module

Hyundai Wia starts to produce coolant hub module

Hyundai Wia Corp., an auto parts unit of Hyundai Motor Group, is making a full-scale entry into the market for electric vehicle thermal management s...

POSCO International to set up EV parts factory in Poland

POSCO International to set up EV parts factory in Poland

POSCO International, the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., plans to build an elect...

Samsung’s Jay Y. Lee, Tesla’s Elon Musk discuss tech alliance

Samsung’s Jay Y. Lee, Tesla’s Elon Musk discuss tech alliance

Samsung Group leader Lee Jay-yong has met with Tesla Inc. Chief Executive Elon Musk to discuss a tech alliance between the two companies in a variet...

Hyundai to invest $2.45 bn in India, eyes spot in global EV top 3

Hyundai to invest $2.45 bn in India, eyes spot in global EV top 3

South Korea’s top automaker Hyundai Motor Co. will invest 200 billion rupees ($2.45 billion) in the Indian state of Tamil Nadu over the next d...

Lotte Chemical projects recovery in Q2 after 4th consecutive loss in Q1

Lotte Chemical projects recovery in Q2 after 4th consecutive loss in Q1

Lotte Chemical Corp. suffered its fourth consecutive operating loss in the first quarter due to a prolonged petrochemical slowdown amid the global e...

Kolon Industries to increase aramid pulp production for EVs

Kolon Industries to increase aramid pulp production for EVs

Kolon Industries Inc., a leading industrial materials maker in South Korea, said on Wednesday it will inject 22 billion won ($16.6 million) to expan...

Hyundai Motor, Kia to receive 25% tax credit for EV plant spending

Hyundai Motor, Kia to receive 25% tax credit for EV plant spending

ULSAN, South Gyeongsang Province – South Korea’s Hyundai Motor Co. is poised to receive a 25% tax credit for its planned investment in a...

SK Ecoplant to build waste EV battery recycling plant in China

SK Ecoplant to build waste EV battery recycling plant in China

South Korea's SK Ecoplant Co. will build a recycling facility for electric vehicle (EV) waste batteries in the eastern Chinese province of Jiangsu, ...

SK Innovation’s battery sales at record high, production yield improved

SK Innovation’s battery sales at record high, production yield improved

SK Innovation Co. said on Thursday its battery affiliate SK On Co. posted record quarterly sales following a facility ramp-up in the US to meet risi...

LG Energy Solution drops to third on global market for EV battery in Q1

LG Energy Solution drops to third on global market for EV battery in Q1

South Korea's LG Energy Solution Ltd. in the first quarter fell to third in the global share of electric vehicle (EV) batteries in use spanning all ...

SK On to develop anode materials with Westwater Resources of US

SK On to develop anode materials with Westwater Resources of US

South Korea's electric vehicle (EV) battery maker SK On and the American graphite company Westwater Resources will jointly develop anode materials f...

Korea's pharmacies emerge as K-beauty destinations for tourists Seoul’s tax reform hits top firms as US tariffs, tighter rules loom Investors dump Korean shares after tax reform; won plunges Winners & losers: S.Korean industries navigate uneven US tariff terrain V of BTS becomes Coca-Cola’s new brand ambassador: 'Excited to share the thrill'