Creating a recycling ecosystem for wasted EV batteries

Establishing an alliance to foster industryParticipation from the battery, automobile, and recycling industryIdentifying of remaining value through DBPromotion of ESS reuse, mineral extraction, etc <A research team from Korea Institute of Geoscience and Mineral Resources in Yuseong-gu, Daejeon is examining nickel sulfate, which was extracted from the lithium-ion battery recycling process.> There will be a… Continue reading Creating a recycling ecosystem for wasted EV batteries

Hana Technology wins KRW 1.5 trillion order for semi-solid battery equipment

<On the 24th, In-sik Lee, Managing Director of Hana Technology’s sales division (left) signed an official partnership with Director Jonathon Milne for the supply of semi-solid equipment. (Source provided by Hana Technology)> Hana Technology will supply KRW 1.5 trillion worth of semi-solid battery equipment to a Norwegian battery manufacturer Freyr. Freyr will be the first… Continue reading Hana Technology wins KRW 1.5 trillion order for semi-solid battery equipment

[News Zoom-In] Three K-battery companies collide with overseas investment… The key is to securing Europe-North America orders

The total investment of the three domestic companies is expected to reach KRW 30 trillion, a ‘largest in history’… Focus on EVEstablishing partnerships through joint ventures… Be busy with diffe <Samsung SDI Giheung Plant> <LG Energy Solution Ochang Plant> A fierce investment competition was foreseen this year among the three domestic battery companies as Samsung… Continue reading [News Zoom-In] Three K-battery companies collide with overseas investment… The key is to securing Europe-North America orders

Samsung SDI Invest additional 2 trillion in Europe to expand electric vehicle batteries

Annual production capacity expanded to 60GWhHigh value-added PRiMX products at the forefrontResponding to rising global demand for finished vehicles Samsung SDI plans to invest 2 trillion won in Europe to expand its electric vehicle battery production. It will expand its existing Hungarian EV battery plant and increase the production capacity. By doing so, it is… Continue reading Samsung SDI Invest additional 2 trillion in Europe to expand electric vehicle batteries

K-battery core materials has begun ‘de-Sinicization’

The US’ sanction on Chinese products, implementing ‘Inflation Reduction Act’LG Energy Solution, Samsung SDI, SK On collaborate with domestic material companiesActively attempting to localize the <Researchers from LG Energy Solution are looking at the battery.> The domestic battery industries have started to de-Sinicization battery materials. This is because the US sanctions on Chinese products are… Continue reading K-battery core materials has begun ‘de-Sinicization’

K-battery invested more than KRW 4.5 trillion in the first half… Accelerating to increase investment in EV batteries in the second half of the year

<Researchers from LG Energy Solution are looking at the battery.> LG Energy Solution, Samsung SDI, and SK On invested more than KRW 4.5 trillion in the EV battery production line in the first half of this year. There will be an additional investment in EV batteries in the second half of the year, including establishing… Continue reading K-battery invested more than KRW 4.5 trillion in the first half… Accelerating to increase investment in EV batteries in the second half of the year

Boom in electric vehicles… Top 5 battery materials companies achieve record-breaking performance

LG Chem up 163% from last yearEcoProBM surpass 100 billion wonUptrend expected to continue in the second half of the year <EcoProBM’s Chungbuk Plant > Major domestic battery materials companies managed to reach a record high 900 billion won in operating profits in the first half of this year. The expansion of high value-added cathode… Continue reading Boom in electric vehicles… Top 5 battery materials companies achieve record-breaking performance

JASTECH to build its first battery components production base in Cheonan

JASTECH will establish its first manufacturing base for EV battery components in Cheonan, South Chungcheong Province. It is securing production capacity for core battery components in response to the demand for EV batteries. JASTECH plans to build a production facility for core EV battery components, such as battery can cases and protective devices such as… Continue reading JASTECH to build its first battery components production base in Cheonan

Samsung SDI establishes ‘battery research centers’ in the US, Europe and China

<Samsung SDI Plant> Samsung SDI will build large-scale R&D centers in the US, Europe and China. They will be key bases that will help the growth of Samsung SDI’s EV batteries. Samsung SDI plans to lead the development of next-generation batteries, including batteries for EV. On the 15th, Samsung SDI announced that it had established… Continue reading Samsung SDI establishes ‘battery research centers’ in the US, Europe and China

LG Energy Solution proceeds a promising battery startup discovery program

On the 31st, LG Energy Solution announced that it will hold the ‘LGES Battery Challenge 2022’, which is an open innovation event that introducing startups with differentiated technologies and business models in the battery sector. Any startup in the battery field can participate in the program regardless of the origin of company. Some of the… Continue reading LG Energy Solution proceeds a promising battery startup discovery program