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Home/Topics/Korea EV & Batteries

Korea EV & Batteries

Coverage of South Korea's electric vehicle and battery sector — makers, supply chains, and demand trends.

Latest news

LG Energy Solution Q2 Operating Profit Falls 77% Year-on-Year

LG Energy Solution Q2 Operating Profit Falls 77% Year-on-Year

LG Energy Solution's Q2 operating profit fell 77% year-on-year to 113.3 billion won, hit by weak North American EV demand, despite revenue rising 24.8% to 7.56 trillion won.

Published 2026.07.07. 09:06:03
Hyundai Launches Ioniq 3 Next Month, Teams with Samsung to Battle BYD in Europe

Hyundai Launches Ioniq 3 Next Month, Teams with Samsung to Battle BYD in Europe

Hyundai Motor will mass-produce the Ioniq 3 in Turkey from August, using Samsung SDI batteries to challenge BYD in Europe, with 700 billion won in battery supply through next year.

Published 2026.07.04. 08:00:05
Hyundai Teams With Samsung to Counterattack in Europe With Ioniq 3

Hyundai Teams With Samsung to Counterattack in Europe With Ioniq 3

Hyundai Motor will begin mass production of the Europe-only Ioniq 3 in August, powered by Samsung SDI batteries, to counter BYD's offensive and rebound in the European EV market.

Published 2026.07.03. 18:19:55
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