used electric vehicle batteries
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Automobiles
Kia plans 'game changer' EV9 launch in US by 4th quarter
South Korean carmaker Kia Corp. on Thursday said it unveiled on Wednesday in New York its large electric sport-utility vehicle EV9 for the first tim...
Apr 06, 2023 (Gmt+09:00)
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Korean stock market
Investors ready their return to Korean stock market but with bet on declines
Investors are readying their return to the stock market in South Korea, encouraged by the rosy outlook for secondary battery stocks, but more retail...
Apr 06, 2023 (Gmt+09:00)
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Automobiles
Kia steps up electrification efforts with higher sales targets
Kia Corp., under South Korea’s Hyundai Motor Group, is gearing up to produce even more electric and other eco-friendly vehicles in the coming ...
Apr 05, 2023 (Gmt+09:00)
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Korean chipmakers
S.Korean Openedges’ chip IP licensed by Toyota affiliate Aisin
Openedges Technology, South Korean semiconductor design intellectual property (IP) platform, announced on Wednesday that it has entered into a vehic...
Apr 05, 2023 (Gmt+09:00)
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Automobiles
KG Mobility focuses on electric vehicle platform, self-driving tech
South Korea's KG Mobility (formerly Ssangyong Motor Co.) says it will actively target not only Europe and the US but also niche markets in emerging ...
Apr 05, 2023 (Gmt+09:00)
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Tech, Media & Telecom
S.Korea to focus on secondary batteries, lunar landing vehicles
The Korean government has decided to develop electric vehicle batteries that can travel more than 600 km on a single charge and lunar landing vehicl...
Apr 04, 2023 (Gmt+09:00)
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Batteries
LS Electric wins order $94 mn for energy storage system in UK
LS Electric Co. announced on Tuesday that it has secured a contract for a £73.6 million ($93.5 million) energy storage system (ESS) project in...
Apr 04, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Daewoo Shipbuilding, GE Power Conversion to develop smart ship tech
South Korea's Daewoo Shipbuilding & Marine Engineering Co. (DSME) on Tuesday said it signed a memorandum of understanding with the global energy...
Apr 04, 2023 (Gmt+09:00)
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The KED View
Time for South Korea's answer to the US battery subsidy act
The latest guidelines on US subsidies for electric vehicles under the Inflation Reduction Act come as a relief in every sense to South Korean batter...
Apr 04, 2023 (Gmt+09:00)
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Batteries
LG Energy tops global EV battery market excluding China
South Korea's LG Energy Solution Ltd. in January and February maintained its No. 1 position on the global market for electric vehicle (EV) batteries...
Apr 03, 2023 (Gmt+09:00)
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IPOs
Energy storage devices firm LS Materials launches IPO process
South Korea’s energy storage devices maker LS Materials Co. began the process for an initial public offering later this year as it aims to dev...
Apr 03, 2023 (Gmt+09:00)
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Aerospace & Defense
Hyundai Rotem closes in on $190 million armored vehicle deal with Peru
Hyundai Rotem Co., a South Korean defense equipment maker, is closing in on a contract to export advanced armored vehicles to Peru – a deal th...
Apr 03, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung to supply chips for Intel's self-driving tech unit Mobileye
Samsung Electronics Co., the world's largest memory chipmaker, has won a semiconductor production order from Israel-based Mobileye Global Inc., a le...
Apr 02, 2023 (Gmt+09:00)
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Hydrogen economy
Doosan Mobility Innovation, MIT to develop hydrogen motorcycle
South Korea's Doosan Mobility Innovation (DMI), a hydrogen fuel cell-making subsidiary of Doosan Corp., on Thursday announced a partnership with the...
Mar 31, 2023 (Gmt+09:00)
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Bio & Pharma
Hugel names ex-CEO of LG Household & Health Care as chairman
South Korea's biopharmaceutical company Hugel Inc. on Friday said it appointed Cha Suk-yong, former CEO and vice chairman of LG Household & Heal...
Mar 31, 2023 (Gmt+09:00)
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Retail
WRC-approved longest-distance golf ball ATTOMAX on sale in Korea
ATTOMAX golf balls approved by the World Record Committee (WRC) as the longest-flying golf balls in the world finally hit the South Korean market on...
Mar 31, 2023 (Gmt+09:00)
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Batteries
EcoPro’s cathode material sales to Samsung more than treble
EcoPro Group, South Korea’s leading battery materials producer, raked in more than 3 trillion won ($2.4 billion) in sales from its largest cus...
Mar 29, 2023 (Gmt+09:00)
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Electric vehicles
Kia EV9 boasts 336-mile target range in digital world premiere
Kia Corp.’s second all-electric sport utility vehicle EV9 made its global premiere virtually on Tuesday, boasting a target driving range of 54...
Mar 29, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung unveils Exynos Modem 5300 to rival Qualcomm, MediaTek
South Korean tech giant Samsung Electronics Co. has unveiled its latest 5G telecommunications modem, the Exynos Modem 5300, to compete with rivals s...
Mar 28, 2023 (Gmt+09:00)
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Capital raising
LG Display borrows $772 million from LG Electronics
South Korea's LG Display Co. on Monday said it borrowed 1 trillion won ($772.1 million) from LG Electronics Inc. to “raise the competitiveness...
Mar 28, 2023 (Gmt+09:00)
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Batteries
Korean battery firms seek benefits from US EV incentive details
South Korea’s battery industry has high hopes for details on requirements for US tax credits on electric vehicles to be announced this week as...
Mar 27, 2023 (Gmt+09:00)
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Batteries
LS Group completes nickel sulfate plant for EV batteries
South Korea’s LS Group said on Monday it has completed construction of a new plant to produce nickel sulfate, a key raw material for next-gene...
Mar 27, 2023 (Gmt+09:00)
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ESG
CJ CheilJedang signs ESG agreement with Jincheon County in Korea
South Korea's largest food company CJ CheilJedang Corp. announced on Monday that it has signed a business agreement with Jincheon County in North Ch...
Mar 27, 2023 (Gmt+09:00)
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Korean chipmakers
Korean research team develops AI chip to cut power use
South Korean scientists have developed a chip that needs less electricity for advanced efficiency and data processing to help the country’s se...
Mar 26, 2023 (Gmt+09:00)
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Batteries
LG Energy to build $5.6 billion battery complex in Arizona
LG Energy Solution Ltd., the world’s second-largest battery maker, said on Friday it is investing 7.2 trillion won ($5.6 billion) to build a b...
Mar 24, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Samsung, Aramco to cooperate in using industrial 5G tech
Samsung Electronics Co. and Saudi Aramco announced on Friday the signing of a strategic cooperation memorandum of understanding aimed at localizing ...
Mar 24, 2023 (Gmt+09:00)
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Robotics
Hyundai Motor, Kia partner with DeepX to develop robotics services
South Korean carmakers Hyundai Motor Co. and Kia Corp. have partnered with DeepX, a domestic startup that specializes in designing AI semiconductors...
Mar 24, 2023 (Gmt+09:00)
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Food & Beverage
Korea's CJ Freshway promotes waste cooking oil recycling
CJ Freshway, a South Korean food distributor and food service company, announced on Friday that it has partnered with S&D Company, the operator ...
Mar 24, 2023 (Gmt+09:00)
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Batteries
Hyundai Motor, Kia develop ultra-high-temp hydrogen fuel cells with US firm
Hyundai Motor Co. and Kia Corp. has joined forces with Advent Technologies, an American maker of membrane electrode assemblies (MEA), a key componen...
Mar 23, 2023 (Gmt+09:00)
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Automobiles
Hankook Tire supplies tires to BMW Driving Center for 9 consecutive years
Hankook Tire & Technology, a tire manufacturer based in South Korea, announced on Wednesday its exclusive partnership with BMW Driving Center's ...
Mar 23, 2023 (Gmt+09:00)
Latest News
- 1 Want to look beautiful? – Here’s 'the Made In Korea' mask pack
- 2 LG Chem closes $1 bn water filter division sale to Glenwood PE
- 3 Hyundai Motor-backed Motional names AI veteran Laura Major as CEO
- 4 President Lee: Businesses at center of policy priorities for economic growth
- 5 Samsung supplies HBM3E to AMD’s new accelerators