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News
Next-Gen Batteries Gain Battlefield Breakthrough
1+ hour, 40+ min ago (466+ words) Businesskorea Korean and U.S. makers are selling lithium-metal and silicon batteries to drone manufacturers in Ukraine Next-generation battery technologies that had struggled to achieve commercial viability in the electric vehicle market have found their first commercial breakthrough through Ukraine’s battlefield and…...
Chinese EVs Surge in South Korea, Threatening Local Makers
5+ hour, 24+ min ago (623+ words) Businesskorea Chinese EV Share Reaches 35% After 178.7% Surge in H1 A total of 69,513 Chinese electric vehicles were newly registered in South Korea in the first half of this year, a 178.7% surge from the same period last year. The share of Chinese-made vehicles…...
Samsung SDI Acquires GM Stake, Securing U.S. Battery Plant
2+ day, 1+ hour ago (460+ words) Samsung SDI Acquires GM Stake, Secures U.S. Battery Plant businesskorea.co.kr Indiana Facility Becomes Samsung SDI’s First Sole-Operated U.S. Plant An electric vehicle battery plant with annual capacity of 27GWh now under construction in New Carlisle, Indiana, will be converted to…...
Non-Chinese EV Market Grows As Hyundai Share Slips
2+ day, 23+ hour ago (562+ words) Businesskorea BYD surged while Volkswagen and Hyundai-Kia grew more slowly than the market Non-Chinese Electric Vehicle Market Grows 30%… Hyundai Motor Market Share Slightly Declines In the first half of this year, the global electric vehicle market excluding China approached 4,600,000 units,…...
Tesla Tops Imported Cars for Sixth Straight Month
1+ week, 1+ day ago (507+ words) Businesskorea Model Y Drives Six-Month Streak As Electric Vehicles Near Half Of July Imports Tesla has successfully defended its position as the number one in sales for 6 consecutive months, rapidly restructuring the domestic imported car market landscape from internal combustion…...
Hyundai Ioniq 9 Tops German EV SUV Test
1+ week, 2+ day ago (346+ words) Hyundai Motor’s flagship electrified luxury SUV, the Ioniq 9, proved its superiority by defeating the Volvo EX90, one of the representative models of the European premium large electric SUV market, in a recent electrified luxury SUV comparative evaluation conducted by the prominent…...
OCI Holdings Bets 1.4 Trillion Won on U.S. Solar
2+ week, 6+ day ago (378+ words) OCI Holdings is accelerating the expansion of its polysilicon and wafer production capacity in line with the expansion of the US solar supply chain. Amid rapidly increasing demand for non-Chinese solar materials in the US, the strategy is to preempt…...
LG Energy Solution Files U.S. Patent Complaint Against Chinese EVE Energy
2+ week, 6+ day ago (369+ words) LG Energy Solution has initiated a patent lawsuit in the United States against the Chinese battery company EVE Energy. This move appears to expand the front line of patent protection from existing pouch-type and prismatic batteries to cylindrical battery technology....
LG Energy Solution Targets EVE Energy in ITC Complaint
3+ week, 44+ min ago (539+ words) Businesskorea Patent holder Tulip Innovation seeks an import ban over five battery patents, including tab-less cylindrical cell technology LG Energy Solution has launched a strong enforcement of its patent rights against a Chinese company to defend its leadership in the…...
U.S.-Led Mineral Pact Puts Korea Under Pressure
4+ week, 4+ hour ago (285+ words) As the United States moves to strengthen its control over the critical mineral supply chain by rallying its allies, South Korea’s strategic response has become urgent. It is pointed out that a sophisticated approach from an industrial competitiveness perspective is…...