Players in South Korea's electric vehicle battery market are aiming for the world's best.

Puddles of all sizes could be seen all over the ground around a massive steel structure that was thickly embedded with millions of steel beams because of the rain that had wetted most of the clay soil on the ground. Nonetheless, many of the 800 engineers and construction employees had shown up fo...

Global Electric Vehicle Battery Reuse and Recycling Market by Service Type, Battery Type, Organization Size, End Users and Region

The electric vehicles market is growing aggressively courtesy of fast technological advancements, surging pollution levels and depleting non-renewable sources of energy. The demand for electric vehicles has been constantly rising as people are turning towards owing to depleting non-renewable sour...

Global Electric Vehicle Battery Swapping Market to Grow at 25.6% during the Forecast Period

Commercial Vehicles to Hold Largest Market Share in 2020

Commercial electric vehicles accounted for the higher market share in 2020 and is projected to maintain its dominance over the forecast period (2021-2029) in the electric vehicle battery swapping market. The grow...

LG ENERGY & GM TO BUILD EV BATTERY FACTORY IN THE U.S

Highlights –

• LG Energy & GM to build EV battery factory in the U.S.
• LG Energy Solution will spend 1.06 trillion won for building the factory.
• The total investment for the new EV factory is expected to be worth 2.7 trillion won.

S. KOREA’S 3 EV BATTERY MAKERS SAW GLOBAL MARKET SHARES FALL

Highlights –

• S. Korea’s 3 EV battery makers saw global market shares fall.
• LG Energy Solution Ltd. global market share slipped to 19.2 percent.
• SK Innovation Co. global market share fell to 5 percent.
• Samsung SDI Co.&...

SKC LIQUIDATED ITS STAKES TO EXPAND INVESTMENT

Highlights –

• Chemical firm SKC secured $814.9 million to expand its investment
• SKC transferred 49 percent stake to a Petrochemical Industries Company in Kuwait
• Investment for next-generation electric vehicle battery m...