Tag: rechargeable battery

rechargeable battery

Latest News

An electric battery charger is displayed at CTEK exhibition at The London EV Show, in London, England, Nov. 30. [YONHAP/REUTERS]

Korea to offer over $28.8B of financial support for battery industry

The government will give more than 38 trillion won ($28.8 billion) of financial support to the rechargeable battery industry over the next five years to help boost the competitiveness of the sector, the Finance Ministry said Wednesday.

2023.12.13

Finance Minister Choo Kyung-ho, front, tours Koreakiyon, a secondary battery research equipment manufacturing firm, in southern Seoul on Oct. 3, 2023.

Gov't to boost rechargeable battery industry, SMEs

Finance Minister Choo Kyung-ho announced plans to boost Korea's rechargeable battery industry and support small- and medium-sized enterprises through increased investment and regulatory reforms.

2023.10.3

Most popular

The Kosdaq-listed cathode producer EcoPro lost nearly 30 percent of its market capitalization in September. [ECOPRO]

Battery stocks chilled by frosty EV demand, falling lithium prices

The secondary battery stocks that led the Korean markets in the summer have lost their heat partly due to cooling EV demand and plunging lithium prices.

2023.9.14

Minister of Trade, Industry and Energy Lee Chang-yang at a meeting with the CEOs of Korea's largest battery makers - LG Energy Solution, SK On and Samsung SDI - as well as executives from related companies, including Hyundai Motor, Posco Chemical and Korea Mine Rehabilitation and Mineral Resource Corporation, at a hotel in Seoul on Tuesday. [MINISTRY OF TRADE, INDUSTRY AND ENERGY]

Big battery alliance brings government and companies together

Korean battery companies are investing 50 trillion won into research and manufacturing to expand their market share, with the government chipping in 1 trillion won for R&D.

2022.11.1

Rechargeable battery exports rise for fifth year in a row

Korea's exports of rechargeable batteries rose for the fifth consecutive year in 2020 despite the coronavirus impact, data showed Monday.

2021.1.18

Representatives and employees involved in Dongwon Systems' rechargeable battery materials program attend a ribbon-cutting ceremony at the company's plant in Asan, South Chungcheong, on Wednesday.[DONGWON SYSTEMS]

Dongwon Systems to expand battery component production

Dongwon Systems on Wednesday said it will spend 25 billion won ($22.2 million) on facilities to mass-produce aluminum anode foils, a core component in rechargeable batteries for electric vehicles (EV).

2020.11.5