SK On, one of the largest EV battery manufacturers from South Korea, signed a memorandum of understanding (MOU) on November 28 with Hyundai Motor Group. The two companies will be...
There have been market rumors about a Korean lithium battery maker planning to work together with a Chinese maker to complement each other's technical advantages even before the US...
SK On recently announced that it has signed a deal with Chile's SQM for high quality lithium hydroxide for five years starting in 2023. The South Korean company has also reached an...
On her visit to South Korea, US vice president Kamala Harris vowed to work with the country to resolve the disputes surrounding the US Inflation Reduction Act (IRA). Signed into law...
Safety is the priority over every other feature when it comes to cars, and therefore, automotive applications need to go through long process of authentication and testing to ensure...
SK Group, one of the conglomerates in South Korea, announced that it is investing an additional US$22 billion in semiconductors and the EV ecosystem in the US, according to the group's...
South Korea is facing challenges to expand its electric vehicle (EV) battery industry due to soaring costs of raw materials that are tightly controlled by China.
LG Energy Solution (LGES), SK On, and Samsung SDI will expand EV (electric vehicle) battery production capacities in the US at a large scale, and consequently their combined production...
Thanks to the rising demand for electric vehicles (EV) and energy storage solutions, lithium-ion batteries are set to be the next strategic resource after semiconductors. Because...
LGES and SK On employ very different strategies when it comes to going public. While the former is scheduled to go public in January 2022, the latter recently announced that it has...
Telsa has announced that it will switch to lithium iron phosphate (LFP) batteries for its standard range Model S, 3, X and Y EVs, but will continue to use nickel cobalt manganese...