The Korea Advanced Institute of Science and Technology (KAIST) announced on April 11 that a research team led by Professor Kang Jeong-gu from the Department of Materials Science and Engineering has developed a high-energy, high-power hybrid sodium-ion battery capable of rapid charging.Hybrid energy
As the commercialization of all-solid-state batteries, often referred to as the “battery of dreams,” approaches, Korean battery materials companies are pumping up their efforts to build an ecosystem.According to industry sources on April 10, Samsung SDI recently started building a domestic supply ch
SK innovation has liquidated its Chinese battery subsidiary.According to the Financial Supervisory Service’s electronic disclosure system on March 12, SK innovation has liquidated its China-based subsidiary Blue Dragon Energy. It has been six years since the company invested 580 million yuan in Blue
SK on is set to develop a high-nickel nickel-cobalt-manganese (NCM) battery capable of traveling 300 km on a 5-minute charge.During a keynote speech at The Battery Conference held at COEX in the Gangnam district of Seoul on March 7 as part of the largest battery exhibition in South Korea, InterBatte
SK on, a battery subsidiary of SK Innovation, a leading global battery manufacturer, announced today it will showcase battery cells highlighting advanced fast-charging solutions along with various products demonstrating its latest R&D achievements at the upcoming battery exhibition in Seoul.The Adva
South Korea holds the potential to become a global battery supply base, necessitating a national strategy to realize this potential, according to claims made by industry experts. The Korea Chamber of Commerce and Industry’s Sustainability Growth Initiative (SGI) highlighted in its report on Feb. 22,
South Korea’s exports to China are expected to surge in 2024 due to a recovery of the IT market in China. However, South Korea is unlikely to record a large trade balance surplus as in the past due to an increase in imports of Chinese batteries and the declining competitiveness of Korean products.“I
SK on has announced a supply agreement to receive natural graphite from its American anode material partner, Westwater Resources. This acquisition of American-sourced graphite strengthens SK on’s response capability to the Inflation Reduction Act (IRA).On Feb. 12, SK on disclosed that it had finaliz
Hanwha Ocean and Hanwha Aerospace presented their state-of-the-art defense technologies to Dr. David Perry, President of the Canadian Global Affairs Institute (CGAI), who visited Hanwha facilities from January 23-24. The CGAI is recognized as Canada’s leading source of expertise on global affairs an
Samsung SDI has commenced the full-scale shipment of its “dream battery.” the solid-state battery.At the performance report meeting held on Jan. 30, Park Jong-sun, vice president of Samsung SDI’s Large Business Division, announced, “During the fourth quarter of last year, we started shipping samples
Hanwha Ocean and Hanwha Aerospace presented their state-of-the-art defense technologies to Dr. David Perry, President of the Canadian Global Affairs Institute (CGAI). The CGAI is recognized as Canada’s leading source of expertise on global affairs and Dr. Perry’s visit is timely as Hanwha is laying
LG Energy Solution is advancing into securing next-generation lithium metal battery technology through equity investment in Sion Power, a U.S.-based battery development venture. On Jan. 25, LG Energy Solution announced its equity investment in Sion Power, located in Arizona in the U.S., and agreed t
SK on, a leading global electric vehicle battery manufacturer, will strengthen its partnership with Solid Power, a U.S.-based leading developer of solid-state battery technology, to accelerate the development of all-solid-state batteries (ASSBs).SK on announced today it signed a research and develop
It has been reported that China, which has implemented export controls on graphite, a key material for battery cathodes, since December of last year, has granted permission for the export of graphite to major battery companies in South Korea. However, there remains the possibility of further tighten
Due to a slowdown in global demand for electric vehicles, leading to an “oversupply,” the prices of battery materials have significantly fallen. Companies in this sector are noticeably tense. According to Taiwan’s market research firm TrendForce on Jan. 14, in December last year, the prices of lithi
LG Energy Solution is actively expanding its business in North America. Following its success in electric vehicle batteries, the company is now accelerating its Energy Storage Systems (ESS) business. The growth of ESS is closely tied to the increasing generation of renewable energy.According to the
According to industry sources on Jan. 1, Hanwha Ocean is set to make a pioneering move by installing lithium-ion batteries in a 3,000-ton class submarine (KSS-III Batch-II), a first in South Korea's submarine history. Traditionally, submarines operate by using diesel engines to charge batteries, whi
DEEP IN SIGHT, spearheaded by CEO Eun-Song OH, has announced its participation at CES 2024, the esteemed international electronics exposition, scheduled to take place in Las Vegas from January 9th to 12th. The company is set to debut 'DIMENVUE,' an AI-powered portable 3D spatial information scanner.
LS Group’s carbon free electricity (CFE) business is gaining momentum. The sub-subsidiary of LS Group, a company specializing in environmentally friendly core materials and components, has seen a sharp increase in its corporate value.According to the Korea Exchange on Dec. 13, LS Materials’ stock cl
As the Foreign Entity of Concern (FEOC) regulation under the U.S. Inflation Reduction Act (IRA) is set to be implemented from Jan. 1 next year, the potential benefits for domestic battery material companies are drawing attention.On Dec. 11, the battery material industry is closely monitoring the pos