TAG: "South Korean"

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LG Energy Solution Set to Expand European Joint Research Projects

South Korean battery manufacturing leader LG Energy Solution is set to expand its joint battery research programs in partnership with major institutions across the globe as the company tries to drive next-generation battery technology in the fast-changing industry.

South Korean | June 08, 2022 | By News Bureau | 1944

Hyundai to Invest $10 Bn in US by 2025

South Korean Car Maker Hyundai Motor Group (HMG) is expanding its investment to more than USD 10 billion by 2025 keeping in line with its aim to be at the forefront of sustainable and smart mobility solutions in the US.

South Korean | May 24, 2022 | By News Bureau | 1691

POSCO Holdings to Co-develop Batteries with Prologium

South Korean conglomerate POSCO Holdings recently signed an agreement to make an investment in Prologium and to co-develop cathode materials, silicon cathode materials, and solid electrolytes for solid-state batteries, in a bid to establish a global supply system.

South Korean | May 17, 2022 | By News Bureau | 2438

South Korean Province to Raise $97 Mn over Next 5 Yrs

Gyeonggi Province will promote carbon-neutral initiatives to proactively respond to the climate crisis by developing carbon-neutral industrial complexes by 2030 and raising a carbon-neutral fund over the next five years.

South Korean | March 23, 2022 | By News Bureau | 1843

8 Rivers Capital Secures $100M Investment from SK Group; Forms Asian JV to Accelerate Global Decarbonization

8 Rivers Capital, LLC announced a USD$100 million investment from SK Group, along with the establishment of an 8 Rivers-SK joint venture to focus on decarbonization of Korean and key Asian markets.

South Korean | March 08, 2022 | By News Bureau | 2309

LG Energy Solution Q4 Revenue Up 10.2% on Rising EV Demand; Expects 8% Revenue Up in 2022 on Ease of Chip Shortage

$10.5 billion LG Energy Solution reported strong growth during the fourth quarter of 2021, with consolidated revenue up 10.2 per cent to KRW 4.44 trillion, from the previous quarter, mainly driven by robust demand of pouch and cylindrical battery cells for electrical vehicles (EVs) and small-sized pouch batteries for IT devices.

South Korean | February 08, 2022 | By Manu Tayal | 2595