India EV battery plant
Scope
Date
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Business & Politics
S.Korea, Indonesia to bolster high-tech partnership
JAKARTA, Indonesia -- South Korea and Indonesia have affirmed their commitment to expanding the scope of business cooperation from high tech to food...
Sep 10, 2023 (Gmt+09:00)
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Energy
Doosan seeks to fuel Indonesia power plants with green ammonia
Doosan Enerbility Co., a South Korea construction equipment manufacturer, said on Friday it has signed a memorandum of understanding (MOU) with Indo...
Sep 08, 2023 (Gmt+09:00)
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Carbon neutrality
SK Rent-a-Car to replace internal combustion engine cars with EVs
SK Rent-a-Car plans to overhaul its existing fleet of internal combustion engine vehicles in favor of electric cars. The company aims to capitalize ...
Sep 08, 2023 (Gmt+09:00)
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Electric vehicles
Hyundai-LG battery JV in Indonesia to power IONIQ 5, other EVs: Chung
Hyundai Motor Co.'s battery joint venture with LG Energy Solution Ltd. in Indonesia will become the South Korean carmaker’s battery manuf...
Sep 08, 2023 (Gmt+09:00)
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Hydrogen economy
POSCO to lead Korea-Australia hydrogen, minerals partnership
POSCO Group, South Korea’s largest steelmaker, will lead the country's efforts to cement a partnership with Australia in a broader range of ar...
Sep 08, 2023 (Gmt+09:00)
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Banking & Finance
S.Korea's Eximbank, Australia's EFA sign MOU on mineral supply chains
The Export-Import Bank of Korea (Eximbank) on Thursday in Seoul signed a memorandum of understanding with Export Finance Australia (EFA) on cooperat...
Sep 08, 2023 (Gmt+09:00)
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Corporate strategy
Korea Inc. to focus more on India, Vietnam as biz partners
South Korean companies are set to concentrate more on business with emerging markets including India and Vietnam than Asian major countries such as ...
Sep 08, 2023 (Gmt+09:00)
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Bio & Pharma
Daewoong gets patent of Nabota as migraine drug in US
South Korea's Daewoong Pharmaceutical Co. announced on Thursday that it has received a patent from the US Patent and Trademark Office for the use of...
Sep 07, 2023 (Gmt+09:00)
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Electronics
India, LG’s land of promise with young, rich population
NOIDA, India -- LG Electronics Inc., the leading global home appliance maker, plans to build a new electronics plant in India to cement its dominant...
Sep 06, 2023 (Gmt+09:00)
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Batteries
China, beneficiary of Korea’s surging EV cell material exports
South Korea’s exports of cathodes for secondary batteries are surging with the booming electric vehicle industry, but the country’s trad...
Sep 05, 2023 (Gmt+09:00)
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Batteries
SK Nexilis inks $1.5 bn copper foil deal with Envision AESC
SK Nexilis Co. has signed a 2 trillion won ($1.5 billion) contract to supply copper foil, a core material in electric vehicle cells, to Chinese seco...
Sep 05, 2023 (Gmt+09:00)
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Automobiles
Hyundai leads Indonesia’s EV push with locally produced IONIQ 5
Hyundai Motor Co. has emerged as Indonesia’s top electric vehicle seller, driven by its locally produced flagship model, the IONIQ 5, as the S...
Sep 05, 2023 (Gmt+09:00)
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Bio & Pharma
Celltrion to expand new plant for drug products
South Korean biopharmaceutical firm Celltrion Inc. announced on Tuesday that it plans to enlarge its finished pharmaceuticals manufacturing facility...
Sep 05, 2023 (Gmt+09:00)
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Batteries
SK On’s prismatic battery push fares well: Vice chair
MUNICH -- SK On Co. is making good progress in developing prismatic battery cells, its Senior Vice Chairman Chey Jae-won said on Tuesday, five month...
Sep 05, 2023 (Gmt+09:00)
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Food & Beverage
CJ Foodville to invest $37 mn to build bakery plant in US
Tous les Jours, the bakery brand under South Korea's CJ Foodville, unveiled plans on Tuesday to invest over 50 billion won ($37 million) in its firs...
Sep 05, 2023 (Gmt+09:00)
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Automobiles
Samsung signs contract to supply camera modules to US EV company
Samsung Electro-Mechanics Co. has signed a contract to supply camera modules for vehicles to the US electric vehicle company. The company is believe...
Sep 04, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung commits $3.7 mn to chipmaking education at UT Austin
Samsung Electronics Co. has committed $3.7 million to University of Texas at Austin’s Cockrell School of Engineering to educate talent and boo...
Sep 04, 2023 (Gmt+09:00)
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Asset management
Mirae Asset No. 1 among overseas asset managers in India
MUMBAI – South Korea’s Mirae Asset Global Investments Co., managing 22 trillion won ($16.7 billion) in India, ranks No. 1 among overseas...
Sep 04, 2023 (Gmt+09:00)
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Electric vehicles
LG Magna to build plant in Hungary for European EV market
MUNICH -- LG Magna e-Powertrain Co., a joint venture between South Korea’s LG Electronics Inc. and Canada’s Magna International Inc., ha...
Sep 04, 2023 (Gmt+09:00)
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Future mobility
Samsung trio premiere future mobility solutions at IAA Mobility 2023
MUNICH, GERMANY – The automotive electronics and parts-making units of Samsung Group are making a grand debut together at this year’s IA...
Sep 04, 2023 (Gmt+09:00)
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Automobiles
Hyundai, Kia see US sales increase for 13th consecutive month
South Korea’s largest automaker Hyundai Motor Co. and its sister company Kia Corp. posted a record 13th consecutive month sales increase last ...
Sep 04, 2023 (Gmt+09:00)
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Steel
POSCO mulls opening integrated steel plant in India
CHENNAI, INDIA – POSCO, the South Korean steel giant under POSCO Holdings Inc., is considering opening an integrated steel mill in India ...
Sep 04, 2023 (Gmt+09:00)
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Automobiles
Hyundai, Kia hope to turn Indians into EV consumers
CHENNAI, INDIA – When Hyundai Motor Co. decided to establish its operations in Chennai, India, 27 years ago, many of its executives in Seoul q...
Sep 04, 2023 (Gmt+09:00)
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Batteries
S.Korea's Posco International secures graphite in Africa
South Korea's POSCO International Corp. is broadening its footprint in Africa's secondary battery raw material sector, with plans to secure an annua...
Sep 04, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor unveils N brand’s first EV IONIQ 5 N
Hyundai Motor Co. on Monday announced the launch of its first-ever high-performance electric vehicle (EV) of its N brand, the IONIQ 5 N.The new EV b...
Sep 04, 2023 (Gmt+09:00)
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Electric vehicles
Hyundai, LG to spend combined $7.6 bn to build EV, battery plants in US
Hyundai Motor Group and LG Energy Solution Ltd. will spend a combined $7.59 billion to build electric vehicle and battery cell plants in Georgia, th...
Sep 01, 2023 (Gmt+09:00)
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Bio & Pharma
Hugel resubmits application to FDA for botulinum toxin product
South Korea's biopharmaceutical company Hugel Inc., announced on Friday that it has resubmitted applications to the US Food and Drug Administration ...
Sep 01, 2023 (Gmt+09:00)
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Energy
Hanwha Q Cells brings forward US solar module production
Hanwha Q Cells Co., a solar power unit of South Korea’s chemicals-to-defense conglomerate Hanwha Group, brought forward operations of a US pla...
Sep 01, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Mirae Asset seeks to buy India’s 9th-largest brokerage Sharekhan
South Korea’s leading asset manager Mirae Asset Financial Group aims to enhance its presence in India by acquiring Sharekhan, the Southeast As...
Aug 31, 2023 (Gmt+09:00)
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Batteries
SK On unveils new material to improve EV battery capacity
SK On Co., the world’s fifth-largest electric vehicle cell maker, has unveiled a new material to improve its competitiveness in the solid-stat...
Aug 31, 2023 (Gmt+09:00)
Latest News
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- 2 Micron set to supply SOCAMM chips to Nvidia ahead of Samsung, SK Hynix
- 3 POSCO Future M breaks with China in cathode supply chain
- 4 GIC resumes Seoul Finance Center sale in potential megadeal
- 5 South Korea’s Lee, China’s Xi agree on closer ties, peace on Korean Peninsula