Battery
Korea’s Navigation Battle Heats Up: Naver and Kakao vs. Google maps
With Google maps aiming to lift restrictions on exporting detailed map data from South Korea, Naver and Kakao are...
Naver Cloud and Nvidia Unite to Build Sovereign AI for East Asia
Naver Cloud has joined forces with Nvidia to develop a sovereign AI ecosystem tailored for the East Asian market. Announced...
Naver Maps Launches Guide in English, Chinese, and Japanese to Enhance Travel Experience for Tourists
Naver has introduced a new multilingual guide for its Naver Maps app to assist foreign tourists in navigating South Korea...
EV Makers in South Korea to Disclose Battery Information Under New Safety Plan
The South Korean government announced a new safety plan on Friday to address concerns over sudden fires in electric vehicles...
LG Energy Solution Rises to Second Place in Global EV Battery Rankings
In January and February, South Korea's LG Energy Solution emerged as the world's second-largest battery supplier for automobiles, surpassing China's...
SK On Deepens Collaboration with Solid Power for Advanced Battery Solutions
SK On, a prominent global electric vehicle battery manufacturer, is strengthening its collaboration with Solid Power, a leading U.S.-based developer...
South Korea Unveils $29 Billion Financial Boost for Battery Industry Over 5 Years
South Korea is set to allocate a financial package of 38 trillion won ($29 billion) over the next five years...
SK On Invests $1.12 Billion to Boost Battery Production in South Korea
South Korean battery manufacturer SK On has announced an investment of 1.5 trillion won ($1.12 billion) to expand its domestic...
South Korea’s technology exports fall, creating a trade deficit of $4.3 billion
South Korea's trade deficit reached $4.3 billion in the first 20 days of May. According to Korea Customs Service, a...
POSCO Future M and Sungkyunkwan University to foster battery material skills in Korea
South Korea-based energy material manufacturer and distributor, POSCO Future M announced a masters and doctoral course dubbed 'e-Battery Track' for...
South Korea to provide $5.32 billion worth of financial support to battery manufacturers
The South Korean government has announced a $5.32 billion i.e. 7 trillion won worth of financial support for domestic battery...
Korean electric vehicle battery companies receive tax relief from the US administration
The US government announced tax relaxation for South Korea’s electric vehicle (EV) battery companies on Sunday. As per industry officials...
SK On to introduce South Korea’s first LFP Battery Prototype
Low-cost LFP (lithium ferro phosphate) batteries will soon make an entry into the South Korean battery industry. The local battery...
Korea stands third in the global EV battery market, invests in multiple battery projects
South Korea has dominated the global EV battery market after China. The three Korean battery producers have contributed to the...
SK Innovation Signs a Deal With Chinese EV Market Player for Battery Supply
The South Korean battery market player, SK Innovation, has recently signed a supply contract with China’s smart-carmaker Xpeng Motors, the...
SK Innovation Speeds Up Eco-Friendly Transition After Settling LG Dispute
SK Innovation Co., the leading South Korean electric vehicle battery manufacturer, plans to boost its transition into an environment-friendly company....
SK IET IPO raises $2B, South Korea’s Biggest Listing In 4 years
SK IE Technology Co. and parent company SK Innovation Co. said they had raised 2.25 trillion won ($2 billion) for the battery component-manufacturing...
Hyundai, Kia, SK Innovation Partner to Develop Hybrid EV Battery (HEV)
Hyundai Motor Group and SK Innovation announced that they would be teaming up to develop hybrid electric vehicle (HEV) batteries. Accordingly, the two...
LG Energy Solution, SK Innovation Resolve EV Battery Tech Dispute
The two South Korean battery manufacturers, LG Energy Solution and SK Innovation announced that they had settled the two-year electric vehicle (EV) battery...
SK Innovation’s Eco-Friendly Battery Recycling Tech Earns US Verification
SK Innovation announced that the Argonne National Laboratory had verified its battery metal recycling technology’s environmental friendliness. The Argonne National Laboratory is a...