SsangYong Motor said on Tuesday that it had signed a power battery R&D contract and a memorandum of understanding on technical cooperation in the independent production of battery packs with Chinese car manufacturer BYD.
Contemporary Amperex Technology Co., Limited (CATL), a Chinese battery manufacturer, has set up a branch in South Korea to provide support in lithium iron phosphate (LFP) battery technology to its customer Hyundai Motor.
Alibaba Cloud announced on Tuesday that it will further bolster its Asia-Pacific footprint and will set up two new cloud data centers in South Korea and Thailand.
Beijing Easpring Material Technology Co., Ltd., a lithium-ion battery cathode material enterprise, announced on Monday that it has signed a strategic cooperation agreement with South Korean lithium battery giant SK