SK Innovation is working on increasing its electric vehicle (EV) battery production capacity in order to meet a series of requests for increased supply of batteries from global automakers. The company is currently expanding its production plants in Europe, China, and the United States simultaneously. As it continues to secure additional orders and increase its… Continue reading SK Innovation Planning on Making an Aggressive Approach in Order to Become a Top Three Electric Vehicle Battery Supplier Before 2025
Author: ET News Online News
Hyundai Motor Group Leaning Towards Using Valeo’s LiDAR Sensors for Its First Level 3 Autonomous Vehicle “Genesis G90”
It is reported that Hyundai Motor Group plans to use LiDAR sensors from Valeo, a French automotive supplier, rather than from Velodyne for its first “level 3” autonomous vehicle “Genesis G90” that will be released in 2022.This decision is likely based on the fact that Velodyne has yet to reach a level to mass-produce LiDAR… Continue reading Hyundai Motor Group Leaning Towards Using Valeo’s LiDAR Sensors for Its First Level 3 Autonomous Vehicle “Genesis G90”
SK Innovation Enters Electric Vehicle Battery Swap Business in China
SK Innovation has decided to join hands with BAIC Group and enter electric vehicle (EV) battery swap business in China.The company announced on Thursday that it has acquired a minority stake of 13.3% in “BPSE (Blue Park Smart Energy Technology)”, which is a subsidiary of BAIC Group specializing in battery swap service, and secured a… Continue reading SK Innovation Enters Electric Vehicle Battery Swap Business in China
Dongwoon Anatech Focusing on Expanding Its Lineup of “Haptic Driver ICs” for Various Vehicle Components
Dongwoon Anatech, a South Korean fabless company, has been accelerating the process of localizing haptic driver IC (Integrated Circuit) for electronic devices of cars. Texas Instruments is currently monopolizing the global market for haptic driver ICs. As car displays and various buttons become digitized, a possibility of utilizing Dongwoon Anatech’s haptic ICs is growing as… Continue reading Dongwoon Anatech Focusing on Expanding Its Lineup of “Haptic Driver ICs” for Various Vehicle Components
South Korean Government and Hyundai Motor Company Planning to Install 190 Ultra-Fast Chargers throughout South Korea
Ultra-fast electric vehicle (EV) charging stations are set to be installed throughout South Korea this year. An ultra-fast EV charger is able provide up to 350 kilowatts of electricity in just one hour. A normal EV can add about 150 kilometers of range with just five minutes of charging. These chargers are expected to greatly… Continue reading South Korean Government and Hyundai Motor Company Planning to Install 190 Ultra-Fast Chargers throughout South Korea
Chinese Battery Manufacturers Looking to Lure Away Key Personnel from South Korea’s Battery Industry for Growth of China’s Battery Industry
It has been reported that Chinese companies have been attempting to take away South Korean research personnel related to electric vehicle (EV) battery in order to target the global EV battery market that is seen as the “second semiconductor”. China’s battery industry has been utilizing South Korea’s headhunting companies and approaching research personnel from all… Continue reading Chinese Battery Manufacturers Looking to Lure Away Key Personnel from South Korea’s Battery Industry for Growth of China’s Battery Industry
Groupe Renault Decides to Establish a Joint Venture with Plug Power to Develop Its First Fuel Cell Electric Vehicle
Groupe Renault has decided to enter the global fuel cell electric vehicle (FCEV) market starting with commercial vehicle rather than passenger car.To develop its own FCEV, it has decided to establish a joint venture with “Plug Power” that recently received an investment from SK Group and work on R&D together. SK Holdings and SK E&S… Continue reading Groupe Renault Decides to Establish a Joint Venture with Plug Power to Develop Its First Fuel Cell Electric Vehicle
Humax EV Set to Launch Its Electric Vehicle Charging Business This Year
Humax EV, an affiliate of Humax, is looking to start its electric vehicle (EV) charging service business officially this year.The company is the South Korean company that deals with manufacturing and production of EV chargers to service operation/management system, service network, and construction business. Its strategy is to secure competitive edge through its own independent… Continue reading Humax EV Set to Launch Its Electric Vehicle Charging Business This Year
LG Electronics and Magna International to Set up $1 Billion Joint Venture to Make Electric Car Gears
LG Electronics and Magna International, a Canadian automotive parts manufacturer, have agreed to set up a joint venture that will make electric car gears. Magna International is a top six ranked automotive parts manufacturer in the world based on sales and possesses different autonomous driving technologies and platforms.According to Bloomberg on Wednesday, their joint venture… Continue reading LG Electronics and Magna International to Set up $1 Billion Joint Venture to Make Electric Car Gears
LG Energy Solution Supplies High-Capacity Batteries to an American Electric Bus Manufacturer Proterra
LG Energy Solution’s high-capacity batteries were supplied to Proterra for its electric bus “ZX5”. The battery has twice more energy compared to LFP batteries of CATL and BYD based in China. With the recent supply, LG Energy Solution and Proterra have solidified their strategic relationship.According to the industry on Tuesday, LG Energy Solution recently supplied… Continue reading LG Energy Solution Supplies High-Capacity Batteries to an American Electric Bus Manufacturer Proterra