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November 11, 2023
LG Energy Solution Ltd (LGES), South Korea's top battery maker, said on Saturday its plan to build a battery plant in Turkey with Ford Motor has been scrapped as a Turkish partner revoked its participation in the project.In February, LG Energy ...
November 8, 2023
The South Korean government vowed Wednesday to ease regulations and reduce administrative procedures to promote the swift and smooth implementation of major corporate investment projects, including S-Oil Co.'s petrochemical plant project and the US Sphere Entertainment Co.'s K-pop arena construction plan. The government presented a set of tailored deregulatory measures for a total of 18 projects led by priv...
November 8, 2023
The UAW’s wage wins put more pressure on carmakers, but wages are only one variable in controlling electric vehicle costs. Read on.
November 3, 2023
SK Innovation Co Ltd, parent of battery maker SK On, said on Friday its battery business targets to turn a profit in the current quarter after it posted a forecast-beating operating profit in...
October 25, 2023
LG Energy Solution Ltd., South Korea's leading battery maker, said Wednesday its third-quarter net profit more than doubled from a year earlier helped by strong demand in the United States. Net profit for the three months ended in September soared to 420.5 billion won ($312 million) from 187.7 billion won during the same period of last year, the company said in a statement. "Strong battery sales in the US p...
October 24, 2023
Also, the UAW strike could jeopardize Big Three EV battery partnerships, and the Tesla Autopilot death case will soon be decided upon by a jury.
October 19, 2023
Chinese EV battery maker Contemporary Amperex Technology Co. Ltd., or CATL for short, is playing an increasingly significant role in the development of energy-efficient vehicles around the world, according to Caixin, the Chinese-language business daily.
October 17, 2023
/PRNewswire/ -- On 5th October, the European Union released a political agreement, which introduces a full ban on small (<12kW) monobloc heat pumps and air...
October 16, 2023
Maximus Resources Ltd (ASX:MXR, OTC:MXRRF) has formed a strategic lithium partnership with the Korea Mine Rehabilitation and Mineral Resources Corporation...
October 16, 2023
Maximus Resources Ltd (ASX:MXR, OTC:MXRRF) has formed a strategic lithium partnership with the Korea Mine Rehabilitation and Mineral Resources Corporation...