The consortium’s flagship project is titled \u201cDevelopment of 6.5% Silicon-Content Wide Electrical Steel Sheet and EV Efficiency-Enhancing Core and Drive Motor Manufacturing Technologies.\u201d A kickoff meeting was held on June 11 at the Research Institute of Industrial Science & Technology in Pohang, South Korea, marking the official start of the initiative.\u00a0<\/p>\n
POSCO is leading the initiative with Hyundai Motor,\u00a0SL Corporation,\u00a0Polepair\u00a0Electric, RIST, the Korea Institute of Industrial Technology\u00a0(KITECH), the Korea Automotive Technology Institute\u00a0(KATECH), the University of Ulsan,\u00a0Pukyong\u00a0National University and the Korea Metal Materials Research Association\u00a0(KOMERA), with support from South Korea’s Ministry of Trade, Industry and Energy.\u00a0<\/p>\n
The project aims to develop 6.5% silicon-content electrical steel sheets for high-efficiency EV motors. The material helps reduce energy loss during high-speed operation, improving\u00a0efficiency\u00a0and potentially extending\u00a0driving\u00a0range.\u00a0<\/p>\n
Following the launch meeting, the 10 organizations signed an agreement to\u00a0establish\u00a0an integrated research system spanning material development, motor\u00a0production\u00a0and EV validation, aiming to accelerate commercialization and\u00a0demonstrate\u00a0real-world performance.\u00a0<\/p>\n
Per\u00a0POSCO,\u00a0the collaboration\u00a0represents\u00a0an important milestone that brings together the steel and future mobility industries in the electrification era.\u00a0The company will focus on developing high-value-added materials and\u00a0component\u00a0technologies that improve energy efficiency while maximizing collaboration among industry.\u00a0<\/p>\n
POSCO aims to strengthen South Korea’s steel and automotive supply chains and secure a stronger position in the rapidly growing global EV market.\u00a0<\/p>\n
Shares of PKX have gained 36.7% in the past year\u00a0against\u00a0the\u00a0industry<\/a>\u2019s 3.6% decline.\u00a0<\/p>\n PKX Zacks Rank & Key Picks<\/p>\n PKX\u00a0currently carries\u00a0a Zacks\u00a0Rank #2\u00a0(Buy).\u00a0<\/p>\n Other top-ranked stocks in the\u00a0Conglomerates\u00a0space\u00a0include\u00a0ITT Inc.\u00a0(ITT Quick QuoteITT<\/a> – Free Report<\/a>) ,\u00a0Marubeni Corporation\u00a0(MARUY Quick QuoteMARUY<\/a> – Free Report<\/a>) \u00a0and\u00a0Griffon\u00a0Corporation\u00a0(GFF Quick QuoteGFF<\/a> – Free Report<\/a>) . ITT, MARUY and\u00a0GFF carry a Zacks Rank #2.\u00a0You can see\u00a0the complete list of today\u2019s Zacks #1\u00a0Rank\u00a0(Strong Buy)\u00a0stocks\u00a0here<\/a>.<\/p>\n The Zacks Consensus Estimate for\u00a0ITT\u2019s current-year earnings\u00a0is\u00a0pegged at $7.9\u00a0per share, indicating a\u00a017.6% year-over-year increase.\u00a0Its earnings beat the Zacks Consensus Estimate in\u00a0all\u00a0of\u00a0the trailing four quarters, with the average\u00a0earnings surprise\u00a0being\u00a05.8%.\u00a0<\/p>\n The Zacks Consensus Estimate for MARUY\u2019s current-year earnings is pegged at $23.86 per share, indicating a\u00a08.8% year-over-year decrease. Shares of MARUY have gained 56.8% over the past year.\u00a0<\/p>\n The Zacks Consensus Estimate for\u00a0GFF\u2019s current\u00a0fiscal-year\u00a0earnings is pegged at\u00a0$5.17\u00a0per share.\u00a0Its earnings beat the Zacks Consensus Estimate in\u00a0three\u00a0of the trailing four quarters\u00a0and missed once, with the average\u00a0earnings surprise\u00a0being\u00a03.3%.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Key Takeaways POSCO joined Hyundai Motor and eight other partners to launch EV electrical steel R&D. PKX targets…\n","protected":false},"author":2,"featured_media":54563,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[965,966,295,702,960,958,959,962,963,961,967,968,956,964,969,957],"class_list":["post-54562","post","type-post","status-publish","format-standard","has-post-thumbnail","category-hyundai-motor","tag-financial","tag-financial-planning","tag-hyundai","tag-hyundai-motor","tag-investing","tag-investment","tag-investment-advice","tag-online-investment","tag-online-stock-trading","tag-online-trading","tag-quote","tag-quotes","tag-stock","tag-stock-market","tag-stock-quotes","tag-stocks"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/54562","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/comments?post=54562"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/54562\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media\/54563"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media?parent=54562"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/categories?post=54562"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/tags?post=54562"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"Zacks](\"https:\/\/www.europesays.com\/korea\/wp-content\/uploads\/2026\/06\/166280.jpg\"\/)
Image Source: Zacks Investment Research<\/p>\n