SK Innovation unveils plans for Scope 3 carbon emission reduction
SK Innovation Co. published its 2022 Net Zero Special Report on the company website on Wednesday, detailing its plan of action for Scope 3 carbon em...
LG Chem to build carbon nanotube Plant 4 for EV batteries
LG Chem Ltd., South Korea’s chemicals giant, is set to build the world’s largest single-line carbon nanotube (CNT) manufacturing plant i...
LG Energy, Honda to form JV for EV battery production in the US
LG Energy Solution Ltd. announced on Monday that it reached an agreement with Honda Motor Co. to establish a joint venture company to produce lithiu...
Samsung SDI to hasten US battery plant groundbreaking
Samsung SDI Co., the world's sixth-largest battery maker, is set to push forward the start of its plant construction in the US by two months in resp...
POSCO builds EV battery recycling plant in Poland
South Korea’s POSCO Holdings has built a rechargeable battery recycling plant in Poland, in line with Europe’s tougher regulations on ba...
Hyundai Motor, LG Energy secure $710 mn for battery JV in Indonesia
South Korea’s Hyundai Motor Group and battery maker LG Energy Solution Ltd. have secured $710 million from financial institutions overseas to ...
Boston emerges as Korean firms’ R&D hub for AI, batteries
Top South Korean conglomerates Samsung and Hyundai have selected Boston as the home of their first overseas research centers for batteries and artif...
Samsung’s new foldables: High-stakes game changers in smartphones
Samsung Electronics Co. on Wednesday unveiled its fourth-generation foldable phones – new additions to its high-end line of Galaxy Z Fold and ...
Korea Zinc to invest $7.5 billion in green hydrogen, battery materials
Korea Zinc Co., the world’s largest lead and zinc smelter, plans to spend 9.74 trillion won ($7.5 billion) in renewable energy, green hydrogen...
Investor sentiment on Korean IPOs remains chilly in H2
Investors are staying away from South Korea’s initial public offering markets as sentiment remains sour on global interest rate hikes, the sus...
SK subsidary to supply EV battery materials to Vietnam's Vingroup
SK IE Technology Co. (SKIET) secured battery separator orders from Vietnam’s No. 1 conglomerate Vingroup, in the latter's push to expand into ...
SK Nexilis to unveil ultra-high strength EV battery copper foil
SK Nexilis Co., a unit of South Korean chemical materials maker SKC Ltd., has developed technology to mass produce ultra-high strength copper foil, ...
Korean EV, battery makers to benefit from US inflation bill
South Korea’s electric vehicle and battery makers are expected to benefit from the Inflation Reduction Act of 2022, the US bill designed to br...
Samsung SDI in talks with multiple carmakers for 4680 type battery supply
Samsung SDI Co., a major South Korean battery maker, said on Friday that it is in talks with multiple automakers around the world to supply a next-g...
LG Chem, GM in $30.6 billion EV battery materials supply deal
South Korea’s top chemicals company LG Chem Ltd. has signed a long-term battery materials supply deal with General Motors Co. to support the U...
Nonferrous metals conglomerate Poongsan to invest $236 mn
South Korean nonferrous metals conglomerate Poongsan Corp. announced it will invest 313 billion won ($238 million) in facilities to manufacture rech...
LG Energy, China’s Huayou Cobalt to build battery recycling joint venture
South Korea’s top battery maker LG Energy Solution Ltd. and China’s mining company Zhejiang Huayou Cobalt Co. have agreed to launch a ba...
LG Energy to double Ford battery pack production line in Poland
LG Energy Solution Ltd., SK Innovation Co., and other South Korean companies are poised to strengthen their business ties with Michigan-based Ford M...
Samsung SDI to build new battery plant in Malaysia by 2025
South Korea’s battery manufacturer Samsung SDI Co. held a groundbreaking ceremony for Plant 2 to make cylindrical batteries in Seremban, Mal...
SK Hynix puts $3.3 billion factory plan on hold amid global uncertainty
SK Hynix Inc., the world’s second-largest memory chipmaker, has decided to hold off on a 4.3 trillion won ($3.3 billion) plan to build a new N...
Korea to raise cash support on foreign investments in key sectors
South Korea plans to spend more cash on attracting foreign investments in high-tech and core supply chain industries as foreign direct investment to...
Korea’s battery recycling company SebitChem seeks IPO
SebitChem Co., South Korea’s secondary battery recycling company, is seeking an initial public offering, taking advantage of investors’ ...
LS Group to bolster batteries, EVs and chipmaking, chairman says
South Korean conglomerate LS Group is seeking business opportunities in the materials and parts sectors led by the fast-growing battery, electric ve...
SK On, Ford launch battery JV for N.America EV market
South Korea’s battery maker SK On Co. and US automaker Ford Motor Co. on Wednesday officially launched a joint venture for the North American ...
Hyundai Mobis plans battery remanufacturing business
Hyundai Mobis Co., a car parts maker within South Korea’s top automaker Hyundai Motor Group, is set to launch an electric vehicle battery rema...
POSCO sees battery materials sales double by 2030
South Korea’s POSCO Holdings Inc. expects sales of its rechargeable battery materials to more than double to 41 trillion won ($31 billion) by ...
LG Energy to supply $765 million 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...
LG Energy surrenders No. 2 EV battery position to BYD
LG Energy Solution Ltd., South Korea’s leading battery maker, gave up its second-largest position in the global electric vehicle cell market...
POSCO Chemical, Britishvolt sign initial deal for battery materials
POSCO Chemical Co., a unit of South Korea’s top steel maker, and UK electric vehicle startup Britishvolt Ltd. have signed an initial agreement...
Samsung SDI inks $6.6 bn deal for 60% of elecfoil needs
Samsung SDI Co., South Korea’s major battery maker, inked a $6.6 billion contract to secure 60% of its needs for elecfoil, an ingredient for c...
