Samsung SDI is considering diversifying sources of electric vehicle (EV) battery parts. It happens with the intention of securing parts without causing disruption in line with the expansion of Hungarian Göed plant. China’s KDL (科达利) announced through a recent disclosure that it will invest 30 million euros to establish an… Read More »Samsung SDI to diversify its battery parts supplies in Europe
Samsung SDI invested in the 2nd plant of electric vehicle (EV) batteries in Goed, Hungary. The second plant will be built at more than twice the size of the previous plant. The fifth generation (Gen5) battery, which increases energy density and applies new materials and new construction methods, will be… Read More »Construction of battery factory in Goed, Hungary moves on
Hanwha Co., Ltd. and Onejoon are competing for orders for the production equipment of cathode material, which is a core material for batteries. The target is a sintering furnace that mixes a precursor, which is a raw material for cathode material, and additives (for instance lithium) The future market outlook… Read More »Cathode materials equipment makers fight for South Korean market share
LG Energy Solutions and SK Innovation’s litigation regarding the infringement of trade secrets for electric vehicle (EV) batteries is having a negative impact on the supply chain. SK Innovation has reduced orders for battery equipment in the second half of the year to domestic partners. This is because facility investment… Read More »SK Innovation litigation might impact Georgia’s battery plant progress
Fully charged in 10 minutes and 500 kilometers of travel on a single charge. With the potential safety hazard minimized. Toyota said that the company’s upcoming solid-state battery will not only change electric vehicles, but also change the dynamics of the entire industry. Electric vehicles driven by traditional lithium-ion batteries… Read More »Toyota solid-state battery technology may be launched next year
At the end of 2014, Liu Jincheng, who has been making batteries for nearly 30 years, bought a Tesla. After driving it, he completely overturned his previous view of electric cars. After “waking up”, Liu Jincheng, the chairman of Yiwei Lithium Energy, was determined to step into the hot Chinese… Read More »Yiwei Lithium Energy – interview with Liu Jincheng
EcoPro is a holding company of Ecopro BM, a major South Korean battery cathode material company. The company is promoting the creation of a cluster in Pohang to self-procure various raw materials necessary for the production of battery cathode materials. It also plans to increase added value by recycling waste… Read More »Ecopro ready to supply cathode materials to competitors if necessary
Ganfeng International will provide Exar Capital with a total of no more than 100 million US dollars financial assistance, and through Exar Capital will eventually provide the financial assistance to Minera Exar. On November 30th, Ganfeng Lithium issued an announcement stating that the company’s board of directors reviewed and approved… Read More »Ganfeng is to provide financial support for Minera Exar
As an independent subsidiary, LG Energy Solution is expected to receive strategic investment from major original equipment manufacturers and attract more funds from the initial public offering (IPO) to expand its battery production capacity. LG Energy Solution , a wholly-owned subsidiary of LG Chem , was formally established to “provide… Read More »LG Chem spins off its battery business as an independent unit
SK Innovation has established a business unit related to the battery business for the second consecutive year. Following last year’s Energy Storage System (ESS) business unit, this year, it created a next-generation battery research center. The Battery Research Institute will focus on strengthening the competitiveness of the battery business by… Read More »SK Innovation establishes second new battery division within 2 consecutive years