Ultium Cells is investing 2.7 trillion won ($2.4 billion) in a battery factory in Spring Hill, Tennessee, the company’s shareholders announced Saturday.
Shares of SK Innovation jumped nearly 12 percent to close at 266,500 won ($237) on Monday after the company settled a battery trade secrets dispute with LG Energy Solution on Sunday.
LG Energy Solution and SK Innovation agreed to settle the high-profile battery trade secret dispute at 2 trillion won ($1.8 billion), putting an end to a 713-day
A fire broke out Wednesday afternoon at a solar energy facility in central Korea, destroying all 140 units of its of energy storage system (ESS).
Korea's first and only overseas design-build-operate-and-maintain nuclear project has been completed, with the Barakah-plant in the United Arab Emirates (UAE) now up an running and supplying electricity.
Tension between SK Innovation and LG Energy Solution is rising ahead of the April 11 presidential review deadline on a trade secret dispute case related to electric vehicle (EV) battery technology at the U.S. International Trade Commission (ITC).
The U.S. International Trade Commission (ITC) ruled in favor of SK Innovation in a patent dispute with LG Energy Solution, throwing a spanner in a tussle between the two Korean battery makers that had been going LG Energy's way.
The U.S. International Trade Commission (ITC) ruled in favor of SK Innovation in a patent lawsuit with LG Energy Solution.
LG Energy Solution, a leading battery maker in Korea, remains a frontrunner in the industry with its technological prowess accumulated over the past 30 years.LG Energy Solution holds a total of 23,610 patents across the globe, a...
Korean automakers and related parts makers are joining a new industrial base in the southern part of the United States, ditching the Rust Belt area which used to be at the center of the country's industrial boom before the 1980s.