DAEJEON, Aug. 14 (Korea Bizwire) – In a significant breakthrough for energy storage technology, researchers at the Korea Institute of Energy Research have developed a new battery material capable of functioning in temperatures as low as -20 degrees Celsius, the institute announced on August 13. Traditionally, graphite has been the go-to material for anodes in lithium-ion [...]
SEOUL, Aug. 14 (Korea Bizwire) — Mercedes-Benz Korea Ltd. is faced with criticism from industry watchers and consumers over its belated disclosure of battery suppliers for the company’s electric vehicles amid an EV safety scare. Concerns surrounding EV safety flared up in the country after a spontaneous fire that started in a parked Mercedes-Benz EV on Aug. [...]
SEOUL, Aug. 14 (Korea Bizwire) – South Korean battery manufacturers are experiencing a collective boost in stock prices as automakers, led by Hyundai Motor Company, begin to disclose their electric vehicle (EV) battery suppliers. This trend reflects growing investor confidence that South Korean firms, with their superior technology compared to Chinese competitors, could increase market share [...]
SEOUL, Aug. 12 (Korea Bizwire) – In the wake of recent electric vehicle (EV) fires that have sparked debates about battery safety, South Korea’s battery industry is doubling down on efforts to improve safety measures from the design and production stages. EV battery fires can rapidly spread through thermal runaway, where a single battery issue can [...]
SEOUL, Aug. 12 (Korea Bizwire) — Carmakers in South Korea are moving toward disclosing the brand information of batteries used in their electric vehicles in response to consumer doubts over the safety of EV batteries. Public concerns over EV safety have mounted in the country after a spontaneous fire that began in a parked Mercedes-Benz EV on [...]
SEOUL, Aug. 8 (Korea Bizwire) — Consumer calls for mandatory disclosure of electric vehicle battery information are growing in South Korea, as an EV scare over possible fire accidents grips the nation following a massive fire caused by a Mercedes-Benz vehicle. The latest fear surrounding electric cars started last Thursday, when a spontaneous fire that began in [...]
SEOUL, Aug. 8 (Korea Bizwire) — The government is considering requiring electric vehicle manufacturers to disclose information on car batteries amid an EV scare following a massive fire caused by a Mercedes-Benz vehicle last week, according to sources Thursday. According to the sources, the Ministry of Land, Infrastructure and Transport is reviewing the measures for [...]
SEOUL, Aug. 6 (Korea Bizwire) – In a significant shift for the electric vehicle (EV) industry, South Korea’s leading battery manufacturers are ramping up production of prismatic batteries, responding to growing market demand and evolving consumer preferences. LG Energy Solution, a major player in the global battery market, has formed a task force dedicated to developing [...]
SEOUL, Aug. 6 (Korea Bizwire) – A recent fire involving a Mercedes-Benz electric vehicle in the underground parking garage of a large apartment complex in Incheon has been traced to a battery manufactured by Farasis Energy, a Chinese electric vehicle battery producer. According to the Ministry of Land, Infrastructure and Transport and industry sources, the battery [...]
SEOUL, Jul. 18 (Korea Bizwire) – Samsung Electro-Mechanics announced on July 17 that it has developed a 2,000V multilayer ceramic capacitor (MLCC) for electric vehicle battery management systems (BMS). MLCCs are essential components in electronic circuits, ensuring stable and consistent current flow. They are widely used in various products, from smartphones to personal computers. In automobiles, [...]