South Korea-based EV charger maker SK Signet has entered into a long-term supply agreement with US charging network Francis Energy. The initial phase will provide 1,000 400 kW chargers. Announcement of the agreement follows the opening of SK Signet’s first US manufacturing facility in Plano, Texas. This plant has an expected annual production of more than… Read more »
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SK On partners with Westwater Resources to develop anode materials in US
South Korean battery manufacturer SK On has signed a joint development agreement (JDA) with US graphite company Westwater Resources (NYSE: WWR) as part of efforts to strengthen its battery raw material supply chain in North America. Under the agreement, the two companies will work together to develop environmentally responsible anode materials tailored for SK On… Read more »
Ford to build new T3 electric truck at BlueOval City in Tennessee
Construction is on track at Ford’s new BlueOval City campus in West Tennessee, where EV production is to begin in 2025. It sounds like quite a place—Ford and battery partner SK On plan to invest $5.6 billion and create 6,000 new jobs at the 3,600-acre campus, which will include a vehicle assembly plant, a battery… Read more »
EverCharge’s load balancing enables large-scale EV charging solution at Houston airport
EverCharge, an SK Group company, will deploy “a significant number” of EV charging stations at Houston’s George Bush International Airport for Avis Budget Group. The stations will power Avis and Budget’s rental fleet of plug-in vehicles at the airport. Intelligent load balancing allows fleet operators to install more charging stations without straining the existing electrical… Read more »
EverCharge opens new EVSE factory in Hayward, California
EverCharge, a provider of EV charging equipment for fleets and multi-family homes, is opening a new 30,000-square-foot production factory in Hayward, California. Expected to be completed by early 2023, the new facility is part of the company’s plans to double its factory workforce by mid-2023. The Hayward location was chosen for its surrounding business community… Read more »
SK On to supply Hyundai North America with EV batteries from 2025
Hyundai has signed a Memorandum of Understanding with Korean EV battery manufacturer SK On, to secure a battery supply for the North American market. Under the MOU, SK On will supply batteries to Hyundai’s US plants after 2025, as the Korean automaker aims to bolster its EV presence and sales in the North American Market…. Read more »
SK On signs 5-year lithium hydroxide supply deal with SQM
Battery manufacturer SK On has signed a lithium hydroxide supply deal with Chile’s SQM. The terms of the agreement will enable SK On to purchase up to 57,000 tons of lithium hydroxide over the course of five years starting in 2023—enough to produce batteries for approximately 1.2 million EVs. Obtaining lithium from SQM will help… Read more »
SK Signet to build EV fast charger manufacturing facility in Plano, Texas
EV charging station manufacturer SK Signet, a subsidiary of South Korean conglomerate the SK Group, has announced plans to build a new EV charger manufacturing facility in Plano, Texas. At the new plant, SK Signet will produce a range of fast-charging solutions, including UL-certified chargers and power cabinets offering power levels up to 350 kW…. Read more »
Adamas Intelligence says LFP cell deployment is up 237% in H1 2022
The latest biannual report on the global EV market from Adamas Intelligence highlights expanding EV sales, as well as the growing popularity of LFP battery chemistries, in the first half of 2022. In the first half of 2022, 6.23 million new passenger EVs were registered around the world—an increase of 42% compared to the same… Read more »
LOTTE Group to build cathode foil factory in Elizabethtown, Kentucky
LOTTE Aluminium and LOTTE Chemical, subsidiaries of a giant South Korean conglomerate, plan to invest some $239 million to establish an aluminum foil manufacturing operation in Hardin County, Kentucky. We’re not talking about the kind of foil you use to wrap leftover pizza, but rather cathode foil, a type of ultra-thin aluminum foil that is… Read more »