Chinese companies began to threaten the U.S. market, which is home to three Korean battery companies, LG Energy Solution, Samsung SDI, and SK On. The three American automakers, General Motors (GM), Ford, and Stellantis, have adopted Korean-made electric vehicle batteries for local sales. However, this trend has been threatened recently. Chinese companies are aggressively targeting small… Continue reading Korean playground ‘U.S. battery market’… Threats from China has begun
Author: ET News Online News
Cylindrical battery price ↑… Small and medium-sized electric car ‘Double High’
10% increase in LG Ensol following Samsung SDIOversupply of price burden due to supply shortage LG Energy Solution will raise the price of cylindrical batteries by 10% in January of the new year. Earlier, it was confirmed that Samsung SDI also increased by about 7% last month. Except for Hyundai Motor Group, most mobility companies… Continue reading Cylindrical battery price ↑… Small and medium-sized electric car ‘Double High’
Costel to export electric car chargers to Thailand… 10-year long-term contract.
Costel, a small and medium-sized electric vehicle charger manufacturer, will export charging products to Thailand. The company signed a long-term contract with a 10-year guarantee. Although it is still an early market, it marks the first time that a domestic charger manufacturer will be supplying to Southeast Asia, where Chinese products are the mainstream. Costel… Continue reading Costel to export electric car chargers to Thailand… 10-year long-term contract.
TRinno Technology to supply SiC semiconductors to finished cars
iA subsidiary TRinno Technology is seeking to supply silicon carbide (SiC) semiconductors to domestic automakers. Their aim is to apply their parts to vehicles in the second half of the new year. SiC semiconductors have low power loss and high thermal conductivity. Tesla was the first to apply this technology to their Model 3. Swiss… Continue reading TRinno Technology to supply SiC semiconductors to finished cars
‘Top-Tier Management’ to Lead the 3 Major K-Battery Companies… Leadership Showdown to be Expected.
As SK Group Senior Vice Chairman Jae-won Choi returned to management as CEO of SK On, the “Three Major K-Battery Companies” will face off side by side with vice-chairman-level management. LG, Samsung and SK’s forward deployment of so-called “big names” to battery affiliates indicates a strong will to grow electric vehicle batteries into a group’s… Continue reading ‘Top-Tier Management’ to Lead the 3 Major K-Battery Companies… Leadership Showdown to be Expected.
Battery Prices Surge for First Time in 10 Years Pressuring Increased Price in the Electric Car Market
Influence of soaring prices of raw materials such as lithium.The price of semiconductors for vehicles also increased. Electric vehicle battery prices have risen for the first time in 10 years. It is unusual for prices that have fallen every year since the creation of the electric vehicle market due to increased production. This is due… Continue reading Battery Prices Surge for First Time in 10 Years Pressuring Increased Price in the Electric Car Market
Top Engineering Develops Well-Furbished Battery Inspection Equipment Exceeding Vision Inspection
Top Engineering (CEO Seok-hyun Bang), a company specializing in automation facilities and inspection equipment in the secondary battery sector, announced on the 12th that it has developed the world’s first equipment to inspect and detect welding defects in the battery cell modular process. This equipment inspects welding conditions in real-time through a monitoring system that… Continue reading Top Engineering Develops Well-Furbished Battery Inspection Equipment Exceeding Vision Inspection
SK on Supplies Electric Vehicle Batteries to Polestar
SK on to supply batteries for electric vehicles to Volvo’s electric vehicle brand ‘Polestar’. Along with Hyundai Motor, Ford, Daimler AG, Volkswagen, and Xpeng, the sixth automotive manufacturer has been secured as another major customer. <Polestar 2, a battery powered electric vehicle to be released in Korea.> According to industries on the 6th, SK on… Continue reading SK on Supplies Electric Vehicle Batteries to Polestar
Hyundai Motor’s labor union’s “Strong Candidate” showdown…Labor-management relations announced a thorny path
On the 7th, a final vote for the new branch manager will be held.The current centrist executive has been eliminated from the first ballot.The final two candidates. Focus on “Shortening Working Hours While production disruptions are serious enough to wait for Hyundai Motor’s popular models to be released for nearly a year, a final vote… Continue reading Hyundai Motor’s labor union’s “Strong Candidate” showdown…Labor-management relations announced a thorny path
European battery makers invest 4 trillion KRW in facilities… Korean companies are called out
Northvolt, Volkswagen, Britishvolt, etc.Construction of the 40GWh-scale finished product plant from this monthKorean battery equipment maker pays attention to ‘Gold mine’Clear preference for tech A European battery maker will invest 4 trillion KRW in facilities. Korean battery equipment makers are expected to rush into the European market. European battery manufacturers such as Northvolt (Sweden), Volkswagen… Continue reading European battery makers invest 4 trillion KRW in facilities… Korean companies are called out