ENERTECH Enters the Russian Electric Vehicle Market

Continued orders from state-run automobile manufacturersSelected as battery supplier for AVTOTORLocal factory expansion for 100,000 units ENERTECH INTERNATIONAL supplies electric vehicle batteries to AVTOTOR, Russia’s largest automobile manufacturer. It is a battery volume of 100,000 electric vehicles. It will also push for the construction of additional factories in Russia due to increased orders for new… Continue reading ENERTECH Enters the Russian Electric Vehicle Market

“We are not far from being the No. 1 electric vehicle battery in the world” says SK On CEO Dong-seop Ji

<SK On CEO Dong-seop Ji > Dong-seop Ji, CEO of SK On, stressed, “We are not far from being the No. 1 electric vehicle battery in the world.” CEO Ji said in an employee’s New Year’s address on the 3rd, “Last year, SK On hit a milestone in achieving the ‘Financial Story’,” stressing, “This year… Continue reading “We are not far from being the No. 1 electric vehicle battery in the world” says SK On CEO Dong-seop Ji

Samsung-Hyundai commercializing robots, opening up ‘big market’ of robots in the new year

Samsung Electronics and Hyundai Motors Company will start commercializing robots in the new year. A quantum jump in the robot industry is expected with the joining of leading domestic manufacturers. Samsung Electronics has decided to mass-produce wearable driving assistance robots around April. It is likely that the robot will be launched in the first half… Continue reading Samsung-Hyundai commercializing robots, opening up ‘big market’ of robots in the new year

Neo Battery Promotes Establishment of Metal Silicon Plant in Korea.

Neo Battery Materials will build a metal silicon factory in Korea. Metal silicon is a basic material for secondary batteries. Applying metal silicon to the anode material, which is a battery material, increases energy capacity. It was known on the 30th that Neo Battery Materials is to establish a new metal silicon plant in Gyeonggi… Continue reading Neo Battery Promotes Establishment of Metal Silicon Plant in Korea.

Samsung SDI’s First Outsourcing Production of Battery Modules for Volvo

Samsung SDI is supplying battery modules to Volvo Group in Sweden, including battery cells for electric vehicles. The company will also carry out consignment production by its partners for the first time due to the expansion of battery production. It was confirmed on the 28th that Samsung SDI is consignment to produce battery modules for… Continue reading Samsung SDI’s First Outsourcing Production of Battery Modules for Volvo

Semiconductor supply and demand crisis intensifies… Price of used electric vehicles overtake that of new car

<Kia EV6> The release date of customers highly favored electric vehicles has been delayed by more than a year due to the imbalance in supply and demand from the shortage of vehicle semiconductors. Even if consumers sign a new contract on the remaining days of this year, they won’t be able to acquire the car… Continue reading Semiconductor supply and demand crisis intensifies… Price of used electric vehicles overtake that of new car

9 out of 14 EV Battery Plants in the U.S. to be Led by Korea.

More than half of the large GWh battery production plants under construction in the U.S. are led by Korean companies. This is contrary to the European situation in which Korean, Chinese, and Japanese companies are competing. As major battery plants in the U.S. are made with Korean technology, stable profitability is expected to be secured… Continue reading 9 out of 14 EV Battery Plants in the U.S. to be Led by Korea.

Wacker accelerates electric vehicle silicon business

<Wacker logo> Wacker improves its silicone material business for electric vehicles. The expansion of the market due to the rapid spread of electric vehicles. On the 26th, Wacker stated that its global sales of silicon for electric vehicles this year increased by more than 20% compared to the sales of last year Wacker is a comprehensive chemical… Continue reading Wacker accelerates electric vehicle silicon business

LG Display’s OLED for Vehicles Acquires International Certification for Excellent Quality

<Ki-hwan, Son LG Display Auto Marketing / Ki-hwan Son, Executive Director of Product Planning, received an OLED Certificate for High Visibility Vehicles from Frank Juettner, CEO of TUV Korea.> LG Display’s OLED panels for vehicles have been recognized for their excellent quality in global markets. LG Display announced on the 26th that it has obtained… Continue reading LG Display’s OLED for Vehicles Acquires International Certification for Excellent Quality

Hyundai Motor to entrust 24 ultra-fast charging stations nationwide to ‘KEVCS’

Hyundai Motor Company will entrust the operation of 24 ultra-fast charging stations nationwide to Korea Electric Vehicle Charging Service (KEVCS). After the major shareholder of KEVCS changed from KEPCO, a public company, to Hyundai Motor Group, management changes began in earnest. Hyundai Motor became the largest shareholder of KEVCS in October. According to the industry… Continue reading Hyundai Motor to entrust 24 ultra-fast charging stations nationwide to ‘KEVCS’