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Jeju Announces Opening of EV Battery Recycling Center

Jeju Announces Opening of EV Battery Recycling Center

JEJU, Jun. 25 (Korea Bizwire) — A new facility recently established on Jeju Island will recycle used batteries from electric vehicles (EVs). Jeju provincial government announced that an opening ceremony for the ‘Industrial Center for Electric Car Batteries’ will be held on Wednesday at Jeju Science Park. The center will be equipped with various facilities [...]

Technology for Compact, Safe Batteries for EVs Developed

Technology for Compact, Safe Batteries for EVs Developed

SEOUL, Jun. 17 (Korea Bizwire) — A South Korean research institute said Monday that it has developed a technology to make solid-state batteries that are very compact and safe for use in next generation electric cars and energy storage systems (ESSs). The all-solid battery replaces the liquid electrolyte found between the positive and negative poles [...]

S. Korean Rechargeable Battery Producers Focusing on Different Markets

S. Korean Rechargeable Battery Producers Focusing on Different Markets

SEOUL, Feb. 6 (Korea Bizwire) — South Korea’s top two leading rechargeable battery producers are focusing on different markets as they strive to expand their global presence in this key industry, market watchers said Wednesday. LG Chem Ltd. and Samsung SDI Co. have been moving in different directions as the worldwide market for high-capacity batteries [...]

Battery Life, Performance and Stability Biggest Concerns for 5G Smartphones

Battery Life, Performance and Stability Biggest Concerns for 5G Smartphones

SEOUL, Jan. 21 (Korea Bizwire) — Queried about the biggest concerns with using 5G smartphones, the majority of respondents in a new survey pointed to battery life, overheating, and durability. LG Electronics Inc. conducted a survey of 1,000 smartphone users in South Korea and the United States, 65.3 percent of whom said they were most [...]

New Legislation Allows for Small-scale Electricity Brokerage Businesses

New Legislation Allows for Small-scale Electricity Brokerage Businesses

SEOUL, Dec. 13 (Korea Bizwire) — A simple method to allow for the sale of electricity stored in electric car batteries is coming to South Korea. The Ministry of Trade, Industry and Energy announced on December 12 that it had completed a revision enforcement decree to electric utility legislation and was introducing the so-called ‘Small-scale [...]