Samvardhana Motherson, India acquires full control of Youngshin Motherson Auto Tech On August 29, 2025, Samvardhana Motherson International Limited (SAMIL) announced that its board had approved the acquisition of the remaining 20% stake in Youngshin Motherson Auto Tech Limited (YMAT) from Youngshin Components Co., Ltd., Korea. The transaction, valued at INR 65.4 million, will make YMAT a wholly owned subsidiary of SAMIL upon completion, expected ...

News  Updated at: 2025/08/29

SK On and EcoPro to jointly build battery recycling ecosystem Several South Korean media sources reported that SK On Co., Ltd., a battery manufacturing subsidiary of SK Innovation Co., Ltd., had signed an agreement for battery recycling ecosystem establishment with South Korea’s EcoPro. Based on the deal, SK On will extract black powder from scrap from its U.S. production subsidiary, SK Battery America (SKBA), refine it, and supply 200 tons per...

News  Updated at: 2025/08/29

Fescaro, Korea joins Auto-ISAC as innovator partner On August 22, Fescaro, in a social media post, announced that it has joined Auto-ISAC as an Innovator Partner. FESCARO is a trusted cybersecurity partner for global automakers and their partners, helping them transition to software-defined vehicles (SDVs) with tailored automotive software solutions.  The Auto-ISAC was by automakers to establish a global information sharing community to address ...

News  Updated at: 2025/08/28

virtual testing of automated driving functions, ADAS, chassis components, and other automotive systems. Through AVeTS, customers gain consulting, training, and integration support, enhancing collaboration with OEMs, suppliers, and research institutions. The partnership, initiated by IPG Automotive Korea, aligns with IPG Automotive’s global expansion strategy, combining regional expertise with advanced simulation technology to support developme...

News  Updated at: 2025/08/28

Nanoramic deepens partnership with Top Material for South Korean manufacturing base On August 27, Boston-based advanced battery technology company Nanoramic Inc. announced that it has received a follow-on strategic equity investment from Top Material Co., Ltd. to establish a manufacturing base in South Korea for Nanoramic’s Neocarbonix battery technology. Neocarbonix is a drop-in electrode technology that significantly improves battery performa...

News  Updated at: 2025/08/28

South Korea’s Guyoung Tech acquires majority stake in Car Tech South Korea’s Guyoung Tech Co., Ltd. announced that it acquired an 81.61% stake in a US company, Car Tech, LLC, for Korean won (KRW) 10 billion (JPY 1.1 billion) and made it a subsidiary of the company. Guyoung Tech has its headquarters and a plant in Daegu Metropolitan City, as well as a production base in Yeongcheon, Gyeongsangbuk-do. It produces seat frames and oil pans, supply...

News  Updated at: 2025/08/27

South Korea’s EV Advanced Materials to build second plant in Vietnam Several South Korean media sources reported that EV Advanced Materials Co., Ltd., a South Korean flexible printed circuit board (PCB) manufacturer, had signed a contract to purchase a site in the Ba Thien II Industrial Park in Phu Tho Province, Vietnam, for the construction of its second plant in the country. The total capital investment in this project will be KRW 28 billion ...

News  Updated at: 2025/08/27

China’s TYW to set up R&D and production base in Suwon, South Korea Several South Korean media sources reported that China's Heilongjiang Tianyouwei Electronics Co., Ltd. (TYW) will establish a research and development center and a production base in Suwon, Gyeonggi Province, South Korea. Established in 1998, TYW develops and manufactures instrument panels and in-vehicle infotainment systems and delivers them to automakers such as BYD, Hyundai ...

News  Updated at: 2025/08/27

South Korean Enchem to supply electrolytes to China Automotive New Energy Battery Technology Several South Korean media sources reported that South Korea’s Enchem Co., Ltd. signed a deal to supply electrolytes to China Automotive New Energy Battery Technology Co., Ltd., a Chinese automotive battery manufacturer. By the end of 2025, it plans to deliver 5,000 tons. The Chinese company produces batteries at its plants in Chuzhou, Anhui Province, Q...

News  Updated at: 2025/08/26

Posco Future M completes pilot development of ultra-high-nickel cathode material and high-voltage middle-nickel cathode material South Korea’s Posco Future M Co., Ltd. announced that it has completed the pilot development of ultra-high-nickel cathode material and high-voltage mid-nickel cathode material for electric vehicles (EVs). The ultra-high-nickel cathode is designed to improve energy density and maximize driving range by having more than...

News  Updated at: 2025/08/26

South Korean Enchem supplying electrolytes to Chinese SVOLT Several South Korean media sources reported that South Korea’s Enchem Co., Ltd. is supplying electrolytes to SVOLT Energy Technology Co., Ltd., a Chinese automotive battery manufacturer, starting in May 2025. It is expected to provide 400 tons per month until December 2026 or 6,800 tons in total. Enchem currently supplies the battery materials to SVOLT’s plant in Yancheng, Jiangsu. I...

News  Updated at: 2025/08/26

Doosung SB Tech to add plant in Jeong eup-si, South Korea Several South Korean media sources reported that Doosung SB Tech Co., Ltd., a brake part manufacturer, will build an additional plant in Jeong eup-si, Jeonbuk Special Self-Governing Province, with a capital investment of KRW 8.85 billion (JPY 973.5 million). The construction is slated to start in October 2025 and be completed in June 2026. Established in 1988, the company has headquarters ...

News  Updated at: 2025/08/26

Samvardhana Motherson, India, and Egtronics, South Korea, JV forms new clean mobility electronics manufacturing subsidiary On August 22, 2025, Samvardhana Motherson International Limited (SAMIL) incorporated Motherson Egtronics Electronics Solutions Limited (MEESL), a wholly owned subsidiary established as part of its joint venture agreement with South Korea’s Egtronics Co., Ltd. MEESL was formed with an initial paid-up equity capital of INR 50...

News  Updated at: 2025/08/25

South Korea’s Grinergy to build a new LTO battery plant in Scotland South Korea’s Grinergy announced that it had initiated the design of a new LTO (lithium titanium oxide) battery plant in Dundee City, Scotland. This new plant will be built through Titavolt, a joint venture established with its UK partner. The new plant will have LTO cell manufacturing facilities, battery pack assembly areas, and a logistics hub. The batteries produced at thi...

News  Updated at: 2025/08/25

n of other existing investors, including Porsche Investments, ATL, OMERS, Decarbonization Partners, Lightrock Climate Impact Fund, Microsoft Climate Innovation Fund, etc. The funds will be used to continue scaling the manufacture of Group14’s silicon battery material, SCC55, in the U.S. and South Korea. In addition, Group14 obtained full ownership of its joint venture with SK Inc., located in Sangju, South Korea. Formed in 2021, this battery ac...

News  Updated at: 2025/08/22

le Plug-in Hybrids (PHEVs) and Extended Range Electric Vehicles (EREVs) have also recently gained traction. However, across the Asia-Pacific region (excluding China), Full Hybrid Electric Vehicles (FHEVs) are quietly re-emerging as the preferred electrification pathway. In markets such as Japan and Korea, BEV adoption has slowed, as limited charging infrastructure, high upfront costs, and persistent range anxiety have caused consumers to hesitate...

News  Updated at: 2025/08/22

South Korea’s Dongwha Electrolyte receives order for electrolyte from global OEM South Korea’s Dongwha Electrolyte Co., Ltd. announced that the company was selected as a supplier of electrolyte for environmentally-friendly vehicle models of a global automaker. Details, including the customer’s name, vehicle models, and contract size, are unpublicized due to a confidentiality agreement. The electrolyte will be produced at a plant in Tennesse...

News  Updated at: 2025/08/22

Posco and JSW Group to form full-scale business partnership in steel and other areas South Korea’s Posco Group announced that it had reached a basic agreement with India’s JSW Group for a full-scale business partnership. In October 2024, the two parties signed a memorandum of understanding (MOU) for a partnership in some business areas, including steel and secondary battery materials. The production scale will be six million tons of crude ste...

News  Updated at: 2025/08/22

Nanointech, Korea and Vocai, Israel partner on battery packs for e-mobility and storage On August 19, Nanointech Co., Ltd., a leading battery pack supplier, and Vocai Ltd., a pioneer of next-gen battery safety and analytics, signed a definitive agreement for the supply of Vocai's ED-10A product series for use with Nanointech's battery packs. The partnership will enable Nanointech to expand its business to additional global markets. Battery packs ...

News  Updated at: 2025/08/21

Stellantis recognizes DEKRA Automotive EMC laboratory in Taiwan On August 20, DEKRA announced that its EMC Laboratory in Taiwan has been officially approved by Stellantis, making it the third DEKRA site worldwide, alongside Italy and Korea. With this approval, DEKRA Taiwan is now authorized to provide EMC testing for 16 Stellantis brands. In Taiwan, DEKRA’s Automotive EMC Laboratory is also approved to provide testing services for GM, Volkswage...

News  Updated at: 2025/08/21