Articles

Cathode materials maker L&F may secure the second large contract after LG ES

According to the media, L&F is in negotiations with SK Innovation to supply battery cathode materials. This would be L&F second large contract after securing LG Energy Solution (worth around $1.27 billion) in December of last year. According to industry sources on the 15th, SK Innovation is reported to be… Read More »Cathode materials maker L&F may secure the second large contract after LG ES

Case study of bankruptcies in Chinese battery industry

While some battery companies continue to expand capacities, others are filing for bankruptcy.  On January 11, Qianjiang Motorcycle (000913) announced that Zhejiang Qianjiang Lithium Battery Technology Co., Ltd. (“Qianjiang Lithium Battery”) , a subsidiary of the company, had recently received the “Notice from Wenling People’s Court, Zhejiang Province”. On January… Read More »Case study of bankruptcies in Chinese battery industry

Panasonic to build Tesla’s 46800 battery pilot line in Osaka

Despite Tesla’s announcements of increasing internalization of battery production, Panasonic will still play a major part in their production. However, other battery suppliers such as LG Energy Solutions and CATL are also expected to participate. Competition is expected to increase due to diversification of battery procurement sources. According to Japanese… Read More »Panasonic to build Tesla’s 46800 battery pilot line in Osaka

L&F signed a contract to supply NCMA cathode material to LG Energy Solutions

L&F, a mid-sized South Korean battery cathode material company, signed a contract to supply cathode materials with LG Energy Solution. Nickel-cobalt-manganese-aluminum (NCMA) high-nickel cathode materials with a nickel content of 80% or more are targeted. On the 16th, L&F announced through an electronic disclosure that it has signed a contract… Read More »L&F signed a contract to supply NCMA cathode material to LG Energy Solutions

ITM Semiconductor will make new smartphone battery packs for LG Electronics

ITM Semiconductor, a battery protection circuit company that mainly deals with Samsung, is in charge of producing LG Electronics smartphone batteries. Until now, ITM Semiconductor has mainly been in charge of Samsung Electronics’ wireless division. It supplied battery pack assemblies and battery protection circuits for Galaxy smartphones. Last year, it… Read More »ITM Semiconductor will make new smartphone battery packs for LG Electronics

Iljin Materials builds its first battery copper foil plant in Hungary.

The Hungarian Investment Authority (HIPA) announced that ILJIN Materials will build the first copper foil (electronic foil) plant in Europe in Gödöllő, outside Budapest, Hungary. The size of the Iljin Materials factory is 50 million square meters. The copper foil production capacity is 10,000 tons per year. Iljin Materials invests… Read More »Iljin Materials builds its first battery copper foil plant in Hungary.