Hints and tips:
...Consumers bought nearly 80,000 battery-powered vehicles in January, a 19 per cent increase from the 66,000 they purchased in January 2023, according to data from Argonne National Laboratory....
...LG Chem and CATL are due to open sites in Poland and Germany this year, and SK Innovation is to expand its existing Hungarian facility....
...It would shake up the auto industry where sales of EVs and batteries are currently dominated by Tesla, and China’s BYD and CATL; it would have geopolitical implications given western anxiety about China’...
...He decided to go to the Massachusetts Institute of Technology in Cambridge to get a masters degree and then a PhD in mechanical engineering at the school’s Sloan Automotive Laboratory....
...Earlier this month, the group’s battery-making affiliate LG Chem spun off its EV battery and energy storage business into a standalone unit....
...Beyond Hyundai and its parts-making affiliates, South Korea is the world’s largest producer of batteries for electric vehicles via LG Chem, Samsung SDI and SK Innovation....
...Adding capacity there, when the local auto market looked shaky, appeared a brave call. Lex noted that Tesla’s Asian suppliers should benefit....
...Until March, the “user research” analyst was based in a “UX [user experience] laboratory”, or special conference suite, in an Indian city where he was carrying out research face to face; he’d been interviewing...
...LG Chem Sector: chemicals / HQ: Seoul, South Korea LG Chem controls about a quarter of the electric vehicle battery market, up from 10 per cent in 2019....
...That trend has accelerated with the Detroit Auto Show moving from January to June from this year....
...A version of this article was first published by the Nikkei Asian Review on February 9, 2019. ©2019 Nikkei Inc. All rights reserved....
...A version of this article was first published by the Nikkei Asian Review on November 14, 2018. ©2018 Nikkei Inc. All rights reserved....
...Analysts expect LG to emerge as a major player in the connected car parts industry thanks to its vertical integration with affiliates including battery maker LG Chem, display maker LG Display and camera...
...On Thursday, the group announced a collaboration with chipmaker Qualcomm to develop auto network technology. Shares popped 7 per cent....
...Foreign companies at bay In 2015 in the eastern Chinese city of Nanjing, South Korea’s LG Chem opened a battery factory....
...This was driven by capex in pet-chem capacity expansion and telecom venture. Both of these assets are nearing completion and this capex can drop significantly in FY17E....
...But what has made Pittsburgh especially effective is public, private and civic leadership that is willing and eager to make the city itself a laboratory for technological invention and testing....
...“There will be the opportunity for automation to reduce greatly the number of collisions we see on the roads — but not all of them,” says Nick Reed, senior academy fellow at the UK’s Transport Research Laboratory...
...The increased availability of electricity storage, from Tesla and other companies such as AES, Alevo and LG Chem, could revolutionise the market, increasing the use of small-scale distributed generation...
...A Silicon Valley research laboratory is therefore now a must-have for carmakers. Ford was considered late on the scene when it set up an eight-person office in the San Francisco bay area in 2012....
...Overall sales fell 1 per cent in the period to $760m as Garmin’s auto and mobile business continued to see intense competition from free offerings by Apple and Google....
...The device has been developed by a charitable foundation, backed by the University of Cambridge Computer Laboratory and Broadcom, the semiconductor company....
...Flying car Terrafugia, the US manufacturer, unveils its flying car at the New York auto show (April 4-15)....
...Other prominent family-owned corporate houses that have been afflicted by messy succession issues include Bajaj Auto, Birla and Ranbaxy Laboratories....
...Ford rose 3.1 per cent to $13.16 after the carmaker’s debt was upgraded two levels by ratings agency S&P, which said its auto operations in North America are likely to remain profitable and it is stabilising...
International Edition