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Samsung SDI considers expanding in India

Thu, 11/13/2014 - 16:02 -- Laura Varriale
Samsung SDI considers expanding in India

Samsung SDI is contemplating opening a battery manufacturing plant in India.

Samsung SDI officials have met India’s telecom and IT minister Ravi Shankar Prasad as a follow-up of their meeting in South Korea to discuss business options.

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LG Chem and SK Innovation drop lawsuit

Fri, 11/07/2014 - 09:36 -- Laura Varriale
LG Chem and SK Innovation reach agreement

EV battery producers LG Chem and SK Innovation have withdrawn their patent lawsuit in the US and South Korea about inorganic material-coated separators.

The two companies agreed to not file any lawsuits over patents or seek damages for the next 10 years in Korea or overseas and cooperate in the electric vehicle battery business.

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LG Chem to supply li-ion batteries to Audi

Wed, 08/27/2014 - 13:50 -- Laura Varriale
LG Chem plant in Ochang, South Korea

Korean battery maker LG Chem has struck a deal with German automaker Audi to supply lithium-ion batteries for its next generation hybrid vehicles.

The 48V batteries will be used in Audi’s new plug-in hybrid and micro-hybrid vehicles. The lithium-ion batteries are to replace currently integrated 12V lead-acid batteries.

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UK, Korea sign fuel cell technology agreement

Fri, 12/06/2013 - 11:26 -- Ruth Williams
The Memorandum of Understanding signed at Imperial College London

A memorandum of understanding (MoU) has been signed by Imperial College London and the University of Science and Technology in Korea to develop fuel cell technology.

The MoU is intended to advance the involvement in hydrogen and fuel cell research between UK and Korea.

A Professor from each establishment signed the MoU at Imperial College London’s Energy Future Lab, which will be the focal point of the research and is the UK’s hub for hydrogen and fuel cell technology research.

Professor Nigel Brandon, director of the EFL said: “Korea is investing heavily in a range of energy technologies including fuel cells, reflecting the country’s relative lack of natural resources. As fuel cells are the most efficient form of electricity generation for a range of fuels, including natural gas and hydrogen, this is of significant interest for Korean industry to develop for both its home and international markets.”

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