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LG Energy Solution, Samsung SDI, SK On and other Korean battery companies are facing a dilemma as they will lose tax credit benefits for electric vehicles (EVs) sold in the U.S. if their Chinese partners hold more than 25 percent stakes in joint ventures, according to industry officials, Sunday.
South Korea became Indonesia’s seventh-largest foreign investor in 2022.
Posco Holdings said Wednesday that the steel giant has completed the construction of the country’s first lithium hydroxide factory, a move to strengthen its competitiveness in the global lithium race. The new facility is located within the Yulchon Industrial Complex in Suncheon, South Jeolla Province. The plant can annually produce 21,500 metric tons of lithium hydroxide, one of the key components used for batt...
/PRNewswire/ -- The "Automotive Steel Global Market Report 2023" has been added to ResearchAndMarkets.com's offering. The global automotive steel market is on...
A 66-year-old taxi driver whose passenger jumped out of his moving taxi and was then killed after being hit by another car has been cleared of traffic accident charges, according to media reports on Tuesday. The Daegu District Court also cleared the 43-year-old driver of an SUV that hit the woman and killed her, saying it was impossible for the driver to evade the victim. The incident occurred in Pohang, North Gyeong...