Thursday, 3 April 2025

Focus on SK Innovation

A Mercedes electric car charging station at a parking lot in Seoul. Mercedes-Benz Korea has released the names of its electric vehicle battery suppliers, bowing to public outrage after one of its cars burst into flame in a parking lot earlier this month. (AFP)
Electric Vehicles (EVs)IndustryManufacturingNewsTransport

Mercedes-Benz Korea discloses EV battery makers after fire

The August 1 fire damaged hundreds of vehicles and created a national panic amid growing calls for transparency on battery supply chains.

FILE PHOTO: Vehicles that were completely burned down due to a Mercedes Benz electric car fire that broke out on August 1st, are lying in the underground parking lot of an apartment complex in Incheon, South Korea, August 2, 2024. Yonhap/via REUTERS/ File Photo
AutomotiveCritical MineralsElectric Vehicles (EVs)MineralsNewsTransport

South Korea holds emergency meeting as EV fires stir consumer fear

South Korean officials met Monday to discuss EV safety amid growing consumer concern after an EV fire in and underground garage

FILE PHOTO: Battery cells with the logo of LG Energy Solution are displayed at the company headquarters in Seoul, South Korea, April 23, 2024.   REUTERS/Kim Hong-Ji/File Photo
AutomotiveElectric Vehicles (EVs)IndustryManufacturingNewsTransport

LG Energy Solution in talks with Chinese firms to make low-cost EV batteries for Europe

South Korea's LGES is in talks with Chinese suppliers to produce low-cost EV batteries for Europe, a senior executive said

FILE PHOTO: FILE PHOTO: A drone view of the Trans Mountain Burnaby Terminal tank farm as the Canadian government-owned Trans Mountain pipeline expansion project became operational in Burnaby, British Columbia, Canada May 1, 2024.   REUTERS/Jennifer Gauthier/File Photo
IndigenousInfrastructureNewsOilPolitics

Japan, S. Korea refiners join China in buying Canadian TMX oil

The Trans Mountain pipeline, owned by the Canadian government, was expanded in May.

FILE PHOTO: The logo of SK On is pictured at its EV battery factory in Seosan, South Korea, October 19, 2023.  REUTERS/Kim Hong-Ji/File Photo
BusinessElectric Vehicles (EVs)IndustryManufacturingNews

South Korea’s SK On in talks to supply prismatic EV batteries as it seeks turnaround

SK On, expanding from pouch to prismatic batteries, seeks deals with automakers to diversify its product portfolio.

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