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NewsLG Chem secures lithium supply in North America with Piedmont deal
LG Chem has signed a supply and investment deal with Piedmont Lithium for the supply of spodumene, enabling it to extract enough lithium to make batteries for 500,000 EVs
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NewsKyoo Bok Lee takes over as head of Hyundai Glovis
Hyundai Glovis has appointed Kyoo Bok Lee as its new president and CEO, replacing Jung-Hoon Kim. Lee moves from Hyundai Motor Group where he was senior vice-president
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NewsHyundai Mobis parts centre will feature autonomous logistics
Hyundai Mobis will build a $72m integrated parts logistics centre in Gyeongju next year that will use autonomous mobile robots and feature sustainable energy supply
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NewsUS reassures Korea over Inflation Reduction Act tensions
Vice President Kamala Harris has reassured Korean leaders that battery supply chains will not be punitively affected by tax credits in the Inflation Reduction Act.
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NewsTyphoon Hinnamnor halts production in Japan and South Korea
Carmakers and suppliers in Japan and South Korea took the precaution of closing factories as typhoon Hinnamnor battered the region this week.
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NewsRenault to partner with Geely on hybrid vehicles in China and South Korea
Renault has agreed a framework with Geely to share production and supply chains for hybrid vehicles in Asia, including using Geely plants in China and localising Lynk & Co platforms in South Korea.
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NewsDP World to take majority stake in Unico Logistics
Container terminal giant DP World is buying a majority 60% stake in South Korean multimodal transport provider Unico Logistics in a move designed to expand its logistics service offering, including in the automotive sector…
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NewsMexico rail blockade impacting Ford operations
A rail blockade in the Mexican border state of Sonora is affecting operations at Ford’s Hermosillo stamping and assembly plant, as well as hitting imports and exports to and from the United States, according to the carmaker. Members of the local Yaqui indigenous community, who are demanding th
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NewsVolvo Cars strengthens service network in South Korea
Volvo Cars has announced an investment plan worth 150 billion won ($124m) to boost its aftermarket service network in South Korea as part of an initiative called Service by Volvo…
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NewsMaersk offers weekly rail service from China to Turkey
Maersk has set up a weekly rail service running between Turkey and China which it said stands to benefit the automotive and industrial sectors..
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NewsPorsche's PDC in Canada to shorten lead times
A parts distribution centre (PDC) for Porsche cars operated by DB Schenker has opened in Mississauga, Ontario…
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NewsUK tax on US tech firms could backfire on car industry
The UK government’s commitment to a 2% tax on the sales of US technology giants, including Apple, Amazon and Facebook, could lead to retaliatory taxes on the UK automotive industry, which exported more than 221,000 finished vehicles to the US last year, according to figures from the Society of Motor Manufacturers and Traders (SMMT)…
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NewsVW reveals concept for autonomous EV charging robot
Volkswagen Group Components (VW Components) is developing an autonomous mobile charging robot for electric vehicles (EV)…
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NewsCarmakers ignore the critical source of EV battery materials
OEMs and companies in the automotive supply chain show a lack of comprehension of how serious the situation is in accessing key metals required for electric vehicle (EV) batteries, according to Scott Williamson, managing director of Australian mineral explorer and mine developer Blackstone Minerals…
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NewsKia invests in charging infrastructure to cope with growing EV imports
Sales of electric vehicles (EVs) still need to gain momentum but that depends on a lot of issues, including cost, adequate charging infrastructure, and a clearer roadmap for consumers on exactly what technology will eventually win out. Nevertheless, demand is strong in the UK…
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NewsGM and LG Chem lead the charge in US with Lordstown battery plant
General Motors (GM) and LG Chem of South Korea are to construct an assembly plant to mass produce battery cells and support the production of GM’s battery-electric vehicles (Bevs)…
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NewsEcopro taps potential source of battery input material
South Korea’s Ecopro BM, a cathode manufacturer for electric vehicle batteries, has signed a memorandum of understanding with mine development company Blackstone Minerals to advance Blackstone’s Ta Khoa nickel project in northern Vietnam…
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FeatureSouth Korea’s NEV exports continue to rise
In the face of a general decline in vehicle exports from South Korea, the country’s Ministry of Trade, Industry and Energy has found a silver lining in increased exports of new energy vehicles (NEVs). It has also recorded rises in automotive parts exports to emerging markets.
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NewsHyundai successfully trials truck platooning in South Korea
Hyundai Motor has successfully conducted its first platooning of trucks on the Yeoju Smart Highway in South Korea to replicate real-world traffic conditions
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NewsCeva expands in Vietnam with eye on automotive growth
Ceva Logistics has opened a new base in Ho Chi Minh City, southern Vietnam, doubling the size of its operation in the country. The facility is close to the two cargo terminals of the country’s busiest airport, Tan Son Nhat International, and a short drive from Cat ...