LG Energy Solution converts 56% of electricity into renewable energy

South Korea’s lithium-ion battery maker LG Energy Solution Ltd. on Monday released a report containing the company’s environmental, soci...

SKC, Toyota Tsusho tie up for N.America battery materials

SKC Ltd., a South Korean chemicals maker, has joined hands with the trading unit of Japanese top automaker Toyota Group for the electric vehicle bat...

Battery recycling firms aim for 90% lithium recovery rates

A growing number of South Korean companies – from battery materials makers to power facilities builders – are jumping into the waste bat...

KG Mobility to launch electric SUV Torres EVX in September

South Korea's KG Mobility Corp., formerly Ssangyong Motor, announced on Monday that it has confirmed the release of the electrified version of its s...

Doosan secures $392 mn in cumulative PFC orders

South Korea's Doosan Corp. announced on Monday that it has accumulated 500 billion won ($392 million) in orders for its patterned flat cable (PFC), ...

Doosan to enter EV sector with battery recycling business

South Korea’s major power plant builder Doosan Enerbility Co. plans to set up a battery recycling subsidiary, targeting the sector expecting r...

LG Energy lifts sales guidance; Samsung SDI sees firm growth

South Korean electric vehicle battery maker are offered upbeat market outlooks, gaining structural growth momentum through strong competitiveness wi...

Hyundai Motor eyes EV charger alliance in US to take on Tesla

South Korea’s Hyundai Motor Co. and Kia Corp. are planning to join BMW, General Motors, Honda Motor, Mercedes-Benz and Stellantis to collectiv...

Kia revises up 2023 OP target after record Q2 earnings, to expedite EV push  

Kia Corp. has revised upwards its operating profit target for this year to up to 12 trillion won ($9.4 billion) after reporting its best-ever quarte...

Macquarie seeks to sell off Korea’s tank terminal operator

Macquarie Korea Asset Management seeks to sell off a Korea tank terminal operator six years after the acquisition, at around 400 billion won ($314.8...

OCI makes foray into battery materials market

South Korea's chemical and green energy company OCI has entered the battery materials market by landing a supply contract for key raw materials for ...

SK Telecom enters cloud managed service provider market

South Korea's SK Telecom Co. will aggressively enter the cloud market by providing differentiated services based on its nationwide communication net...

S.Korea’s SK On launches domestic battery safety evaluation center

South Korean battery maker SK On has unveiled its state-of-the-art "SK On Battery Safety Evaluation Center" in Seosan, South Chungcheong Province. T...

Hyundai Motor Group, Seoul Univ. to jointly develop battery

Hyundai Motor Group opened a joint battery research center at Seoul National University, marking its full-fledged foray into next-generation battery...

LG Energy Solution expands cobalt supply deal with Canada’s Electra

LG Energy Solution Ltd. has signed a long-term contract to receive additional refined cobalt from Electra Battery Materials Corp. in Canada, in a mo...

POSCO affiliates’ shares surge; market cap rises threefold in 5 years

Shares of POSCO Group affiliates are flying high with the steelmaker rapidly transforming into a battery materials manufacturer, riding the industry...

EV6, GV60 outperform global peers in Auto Bild’s EV tests

Hyundai Motor Group’s electrification push under the direction of its Chairman Chung Euisun is more than paying off, with a slew of worldwide ...

Samsung SDI, Stellantis agree to build 2nd US battery plant

South Korea’s Samsung SDI Co. and the Netherlands-based automaker Stellantis N.V. have signed a memorandum of understanding (MOU) to build the...

No subsidy, no problem: Hyundai, Kia make top 10 US list for EV sales

Hyundai Motor Co. and Kia Corp. in the first half of the year were among the top 10 in sales of battery electric vehicles (EVs) in the US despite re...

SK E&S opens representative office in Vietnam

South Korea's renewable energy company SK E&S is speeding up the expansion of its global eco-friendly power generation business by opening a rep...

POSCO Future M spurs single-crystal cathode production

GWANGYANG – POSCO Future M Co., the battery materials unit under South Korean steel giant POSCO Holdings Inc., is spurring production of singl...

Korea's IMM to invest $23 mn in battery parts supplier Choil Aluminum

South Korean private credit firm IMM Credit & Solutions Inc. will invest 30 billion won ($23.4 million) in Choil Aluminum Co., an EV battery com...

SK Networks to acquire data management company en-core

SK Networks Co., a South Korean trading company, will acquire en-core, a data solutions and consulting firm. The strategy is aimed at strengthening ...

Foreign carmakers hit by EV sales drop in S.Korea

Foreign carmakers such as Mercedes-Benz and Tesla Inc. suffered a sales drop in South Korea in the first half of the year, as overall car sales jump...

Hyundai Transys installs EV-customized seats on Kia EV9

South Korea's auto components maker Hyundai Transys on Thursday said it applied electric vehicle (EV) seat technology customized for electrification...

Road near SK On’s US plant in Georgia named SK Blvd

South Korean battery maker SK On announced on Thursday that a road near its US corporation, SK Battery America's (SKBA) site, has been renamed "SK...

Mirae Asset’s global ETFs exceed $100 bn in net asset value

Mirae Asset Global Investments Co., South Korea’s leading asset manager, said on Tuesday its exchange-traded funds (ETFs) worldwide have surpa...

Korea Zinc likely to supply copper foil to LG Energy for EV batteries

Korea Zinc Co., the world’s largest zinc and lead smelter, will likely start supplying copper foil, a key battery component, to LG Energy Solu...

LG Energy Solution to expands BaaS with Mintech

South Korea's LG Energy Solution Ltd. partners with Mintech Co., a battery diagnostic solution provider, to expand its Battery-as-a-Service (BaaS) b...

S.Korea’s car exports hit H1 record high on brisk EV sales

South Korea’s automobile export value in the first six months of this year hit the highest-ever $35.7 billion for a half-year period, mainly d...