EV battery management
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Korean startups
Korean P2P lending platform 8Percent raises near $40 mn
South Korea-based online peer-to-peer lending platform 8Percent has secured 43.5 billion won ($38.3 million) in an investment round led by the Silic...
Oct 15, 2021 (Gmt+09:00)
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Electric vehicles
Plug-in hybrids a dying breed as carmakers favor battery EVs
A plug-in hybrid electric vehicle (PHEV) was once touted as the next-generation automobile technology as such models carry the strengths of both a c...
Oct 14, 2021 (Gmt+09:00)
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Real estate
Blind pool funds eclipse project funds for Korean asset managers
A growing number of South Korean asset management firms are preparing to launch their own blind pool funds for global real estate investments, which...
Oct 14, 2021 (Gmt+09:00)
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Automobiles
GM says it will recover $1.9 billion of Bolt-recall costs from LG
General Motors Co. said it would recover from supplier LG Electronics Inc. nearly all of the $2 billion cost of recalling Chevrolet B...
Oct 13, 2021 (Gmt+09:00)
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Murata Manufacturing CEO
Japan's Murata redefines customers in game-changing era
KYOTO, Japan - Murata Manufacturing Co., the world's No. 1 producer of multilayer ceramic capacitors (MLCCs) and other electronic components, will e...
Oct 08, 2021 (Gmt+09:00)
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Batteries
SKIET to start commercial operation of its first separator plant in Europe
South Korea’s SK IE Technology Co. (SKIET), SK Innovation Co. 's battery material business subsidiary, plans to start commercial operation of ...
Oct 07, 2021 (Gmt+09:00)
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Batteries
SK may develop LFP batteries for low-priced EVs
SK On, the recently-launched battery company of South Korea's SK Group, is considering manufacturing lithium iron phosphate (LFP) batteries to suppl...
Oct 05, 2021 (Gmt+09:00)
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Hydrogen economy
Hyundai Glovis launches ECOH brand for hydrogen, battery businesses
Hyundai Glovis Co., a logistics unit of Hyundai Motor Group, said on Monday it is launching a new brand to beef up its eco-friendly business, includ...
Oct 04, 2021 (Gmt+09:00)
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Batteries
SK, POSCO in heated race for next-generation silicon battery materials
South Korea’s two big conglomerates, SK and POSCO, are setting their sights on silicon anode, a next-generation material for lithium-ion batte...
Oct 04, 2021 (Gmt+09:00)
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Batteries
SK Innovation officially launches battery, E&P split-offs
South Korea’s SK Innovation Co. on Friday officially launched its battery and petroleum exploration and production businesses as separate enti...
Oct 01, 2021 (Gmt+09:00)
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Batteries
POSCO breaks ground on $101 million battery recycling plant
South Korea’s top steelmaker POSCO on Thursday broke ground on its 120 billion won ($101 million) plant to extract nickel, lithium and cobalt,...
Oct 01, 2021 (Gmt+09:00)
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Batteries
SKC drops plan for silicon anode JV on investment overlap woes
South Korea’s SKC Co. withdrew a plan to set up a joint venture with British battery materials maker Nexeon Ltd. for the silicon anode mater...
Oct 01, 2021 (Gmt+09:00)
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Electric vehicles
With Hyundai’s Genesis GV60, your face is the key to unlock the door
If you own Hyundai Motor Co.'s latest premium electric crossover, the GV60, set for roll-out next month, you can just touch the handle and show your...
Sep 30, 2021 (Gmt+09:00)
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Batteries
SKC to form JV with British Nexeon for silicon anode business
South Korea’s SKC Co. plans to set up a joint venture with British battery materials maker Nexeon Ltd. for the silicon anode materials market....
Sep 29, 2021 (Gmt+09:00)
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Korean startups
Capstone Partners: Korea's 'guardian angel' for early-stage startups
In 2018, a South Korean food startup GoPizza Co. was on the brink of shutting down. Lim Jae-won, GoPizza's founder, had launched the business with a...
Sep 28, 2021 (Gmt+09:00)
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Batteries
SK Innovation, Ford to invest $11.4 billion to build largest EV battery JV
SK Innovation Co. and Ford Co. will invest a combined $11.4 billion to build an assembly and battery complex and two additional battery factories in...
Sep 28, 2021 (Gmt+09:00)
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Hydrogen economy
Korea Zinc expands from smelter to hydrogen, battery materials maker
Korea Zinc Co., the world’s largest lead and zinc smelter, plans to add a couple of new sectors to the list of its new growth drivers: green h...
Sep 27, 2021 (Gmt+09:00)
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Korean chipmakers
Batteries, chips strengthen US-Korea economic ties
Battery and chip industries are reinforcing economic cooperation between the United States and South Korea, expanding their ties focused on security...
Sep 27, 2021 (Gmt+09:00)
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Batteries
S.Korean battery materials makers see stock prices surge
Shares of South Korean eco-friendly battery materials manufacturers have been soaring in September, with high expectations on big revenue jumps th...
Sep 26, 2021 (Gmt+09:00)
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Batteries
LG Energy develops safer, long-lasting solid-state battery technology
South Korea’s LG Energy Solution Ltd. said on Friday the company and the University of California San Diego have jointly developed a next-gene...
Sep 24, 2021 (Gmt+09:00)
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Batteries
SKC to raise corporate value to $25 bn with battery materials
South Korea’s SKC Co. plans to expand its electric vehicle battery materials business in a move to fivefold its corporate value to 30 trillion...
Sep 24, 2021 (Gmt+09:00)
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Batteries
LG Chem shares rise as GM resumes battery module replacement
Shares of LG Chem Ltd. are staging a rebound a month after falling sharply due to a decision by General Motors Co. to recall 73,000 Chevrolet Bolt e...
Sep 24, 2021 (Gmt+09:00)
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EV Batteries
SK Innovation to supply batteries to Hyundai IONIQ 7
SK Innovation Co. is set to supply batteries for the IONIQ 7, Hyundai Motor Co.’s large electric sport utility vehicle (SUV) to be unveiled in...
Sep 22, 2021 (Gmt+09:00)
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Automobiles
Hyundai considers EV version of Santa Cruz pickup in US market
Hyundai Motor Co. plans to roll out an electric version of the Santa Cruz pickup, the South Korea automaker’s first model for the American mar...
Sep 21, 2021 (Gmt+09:00)
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Corporate governance
Celltrion makes first step in streamlining governance structure
South Korea’s pharmaceutical conglomerate Celltrion Group has made its very first step in reforming corporate governance structure by merging ...
Sep 17, 2021 (Gmt+09:00)
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Batteries
SK Innovation shareholders approve battery split-off; 2022 IPO unlikely
Shareholders of South Korea’s SK Innovation Co. on Thursday approved the company's plan to separate its battery business into a new entity.Und...
Sep 16, 2021 (Gmt+09:00)
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Batteries
Korea’s Halla to enter EV battery materials business
South Korea’s auto parts supplier Halla Holdings Corp. is making inroads into the electric vehicle battery materials business.Halla said on Se...
Sep 16, 2021 (Gmt+09:00)
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Batteries
GS E&C to build EV battery recycling plant near POSCO
GS Engineering & Construction Co. (GS E&C) has launched the construction of its first lithium-ion battery recycling plant in a South Korean ...
Sep 16, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Korean EV startup makes highest bid for Ssangyong Motor
South Korea's electric vehicle and battery startup EL B&T has offered the highest price of around 500 billion won ($430 million) for debt-laden ...
Sep 15, 2021 (Gmt+09:00)
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Batteries
Hyundai, LG Energy break ground on $1.1 bn Indonesia battery plant
Hyundai Motor Co. and LG Energy Solution Ltd. have begun construction of a $1.1 billion battery cell plant in Indonesia as the two South Korean comp...
Sep 15, 2021 (Gmt+09:00)
Latest News
- 1 LG Chem closes $1 bn water filter division sale to Glenwood PE
- 2 Hyundai Motor-backed Motional names AI veteran Laura Major as CEO
- 3 President Lee: Businesses at center of policy priorities for economic growth
- 4 Samsung supplies HBM3E to AMD’s new accelerators
- 5 Seoul agrees to reduce Jakarta’s KF-21 cost share by two thirds