The Ministry of Trade, Industry and Energy (MOTIE) announced on Jan. 18 that Deputy Trade Minister Yang Byung-nae met with a delegation of companies, including Solid Power Chief Operating Officer Derek Johnson, who visited the ministry to discuss cooperation in the field of next-generation batteries.
Founded in 2011, Solid Power, a U.S.-based company with leading technology in the field of all-solid-state batteries, nicknamed “dream batteries,” is pursuing the expansion of joint R&D by recently signing a memorandum of understanding (MOU) with Korean companies and government-run research institutes, including SK on and the Korea Electronics Technology Institute (KETI).
During the meeting, Deputy Secretary Yang listened to Solid Power’s technology status and progress in collaborating with Korea, introduced the Korean government’s policies to support high-tech industries, and asked the company to actively consider investing in Korea, a worldwide leader in secondary batteries.
“Cooperation in high-tech industries between Korea and the United States has been actively promoted since the Korean President’s state visit to the United States in April 2023,” Deputy Minister Yang said. “The MOTIE will spare no effort to promote cooperation in high-tech industries such as next-generation batteries between the two nations.”