LG Energy accelerates EV battery swapping services
Kooroo, the first in-house venture of the world’s second-largest electric vehicle battery maker LG Energy Solution Ltd., said on Tuesday it is...
Tesla, Korea's EcoPro presumed to enter battery materials deal
Tesla Inc., the world’s No. 2 electric vehicle maker, is believed to have agreed to procure battery ingredients from South Korea’s EcoPr...
Korean EV battery makers to unveil tech for industry recharge
South Korea’s three major electric vehicle battery makers are gearing up to invigorate the global green car market with new technologies they ...
Hyundai’s IONIQ 6: Most efficient electric vehicle in US
Hyundai Motor Co.'s electric sedan IONIQ 6 has been named the most energy-efficient vehicle in the US, further driving the South Korean automaker&rs...
Kia Niro surpasses 1 million global sales
Kia Corp.'s Niro, a compact crossover SUV hybrid and electric vehicle (EV) model, has surpassed the 1 million global sales milestone since its first...
EV battery makers' silicon anode demand set for take-off
The global market of silicon anode, a lithium-ion battery component garnering attention due to its higher energy capacity and faster charging than g...
POSCO to build world's largest battery cathode plant cluster
GWANGYANG, South Jeolla Province -- POSCO Future M Co., a battery materials supplier, on Thursday broke ground on its fifth cathode materials ...
Hyundai Motor launches EVery care for electric cars
Hyundai Motor Co. announced on Thursday that it launched EVery Care, an integrated program that will take care of customers' electric vehicle (EV) l...
LG Energy expedites LFP battery supply chain expansion
LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, has secured enough lithium iron phosphate (LFP) cathode ma...
Hyundai Motor Group in test run of dedicated EV plant in Korea
Hyundai Motor Group, the world’s No. 3 automaker, started a test operation of the first dedicated electric vehicle factory in South Korea to a...
SK On seeks up to $1.5 billion in new funding
SK On Co., a South Korean electric vehicle battery maker, is seeking to raise up to 2 trillion won ($1.5 billion) to step up facility investments, b...
SK On to expand workforce for 4680 cylindrical batteries
SK On Co., the world’s fifth-largest electric vehicle battery maker, is set to increase its workforce for large-size cylindrical batteries wit...
S.Korean refiners’ competition in EV lubricants sector intensifies
Refiners in South Korea are in a race to expand their presence in the electric vehicle lubricants market through overseas production facilities and ...
LG Energy to produce 4680 batteries in August for Tesla, others: CEO
LG Energy Solution Ltd., the world’s third-largest battery maker, plans to begin mass production of larger format cylindrical cells used by Te...
LG Energy to buy more Australian lithium for US EV benefits
LG Energy Solution Ltd., the world’s third-largest electric vehicle (EV) battery maker, said on Wednesday it was set to buy more lithium, a ke...
Korean stock market volatility up since short-selling ban
The South Korean stock market has seen increased volatility and few rallies over the past three months, in sharp contrast to government hopes that i...
POSCO chairman nominee to prop up ailing steel business
The chairman nominee of POSCO Holdings Inc., the parent of the world’s No. 7 steelmaker POSCO, is expected to concentrate on improving its cor...
Tesla to showcase Cybertruck in South Korea next week
Tesla Inc., the world’s No. 2 electric vehicle maker, is set to showcase its electric full-size pickup Cybertruck in South Korea, home to its ...
China’s BYD to enter South Korea’s passenger electric car market
China’s BYD Co., the world’s largest electric vehicle maker, is set to enter South Korea’s passenger EV market, setting off alarm ...
LG Energy's 2nd bond issue hits record $4.2 bn in bids
LG Energy Solution Ltd., the world’s second-largest rechargeable battery maker, drew a record 5.61 trillion won ($4.2 billion) in bids for a S...
EcoPro’s 2023 profit halves on softer EV demand, materials prices
South Korea’s major battery materials company EcoPro Co. saw last year’s operating profit halved from the previous year after a steeper-...
GM chair to visit Korea, meet LG Energy, Samsung SDI CEOs
General Motors Chair and Chief Executive Mary Barra will visit South Korea on Wednesday to meet leaders of LG Energy Solution Ltd. and Samsung SDI C...
Korean tire makers poised for brisk sales on US tariff cuts
South Korean tire makers such as Hankook Tire & Technology Co., Kumho Tire Co. and Nexen Tire Corp. are expected to post new record-high revenue...
Hyundai Motor to expand into secondhand EV market
Hyundai Motor Co. will expand its certified secondhand car business into electric vehicles (EVs) to increase the range of used vehicles it deals wit...
Hyundai, Kia EV sales on a roll in US due to better style, pricing
Hyundai Motor Co. and its sibling Kia Corp. sold 6,627 units of electric vehicles together in the US last month, 51% more than a year ago as their d...
EcoPro partners with Cirba Solutions for battery recycling
South Korean battery materials manufacturer EcoPro Co. said on Thursday that it has signed a memorandum of understanding (MOU) with the US-based l...
LG Energy Solution's ESS division posts first-ever profit
LG Energy Solution Ltd.'s energy storage system (ESS) division posted its first-ever profit on the back of growing replacement demand and new constr...
Hyundai, BAIC join hands to develop China-only EV brand
BEIJING – Hyundai Motor Co. has joined hands with Beijing Motor Corp. (BAIC) to debut a new electric vehicle brand specifically tailored to Ch...
Korean battery makers fret over Tesla’s cost-cutting plans
The South Korean battery industry is bracing for a grim market this year as Tesla Inc. is seeking every possible means to reduce costs to combat&nbs...
LG Energy to supply $748 million worth of batteries to Japan’s Isuzu Motors
LG Energy Solution Ltd., one of the world’s leading battery makers, has agreed to supply its cylindrical batteries to Isuzu Motors Ltd., Japan...
