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SK On Sets Record in Solid-state Battery Tech with High-conductivity Electrolyte

SEOUL, Sept. 1 (Korea Bizwire) — South Korean battery maker SK On Co. has achieved a significant milestone by collaboratively developing an advanced oxide-based solid-state electrolyte (SSE) boasting the world’s highest level of lithium-ion conductivity. Lithium-ion conductivity directly impacts the speed of lithium-ion movement within the electrolyte, correlating to battery output and rapid charging capability. [...]

POSCO Future M Eyes 3.4 tln Won Profit by 2030 with Secondary Battery Materials

SEOUL, Aug. 28 (Korea Bizwire) — POSCO Future M Co. said Monday it aims to achieve 3.4 trillion won (US$2.57 billion) in annual operating profit by 2030 as it accelerates the expansion into the manufacturing of secondary battery materials amid the robust electric vehicle (EV) demand. The chemical unit of South Korean steel giant POSCO [...]

Researchers Develop Battery Production Technology Using Electron Beams

DAEJEON, July 5 (Korea Bizwire) — South Korean researchers have developed a safe and cost-effective technology for the production of semi-solid batteries using electron beams. The Korea Atomic Energy Research Institute said Tuesday that its team of researchers had successfully developed a “one-pot” technology. This innovative method utilizes electron beams to mass-produce semi-solid batteries in [...]

Korean Battery Industry Faces Surprising Trade Deficit

SEOUL, May 22 (Korea Bizwire) — Despite the thriving global electric vehicle (EV) industry, South Korea’s trade balance in secondary batteries has unexpectedly shown a deficit for the first time this year, signaling significant changes in the market, a trade body said Sunday. The deficit in rechargeable batteries, which were previously recognized as a representative [...]

S. Korea’s Battery and Car Industry Exploring Impact of EU’s Raw Materials Act

SEOUL, March 20 (Korea Bizwire) – Following the European Union’s release of the draft of the Critical Raw Materials Act last week, South Korean industries are busy exploring any possible ripple effects. The Critical Raw Materials Act calls for not more than 65 percent of the EU’s annual consumption of each strategic raw material from [...]

SK On Hit by a Double Blow

SEOUL, Feb. 10 (Korea Bizwire) — SK On Co., the battery-making unit under South Korea’s SK Group, is struggling after missing the opportune timing for its initial public offering (IPO), and accumulating operating losses. Investor resistance to the listing of subsidiaries through physical division has become rampant since the listing of LG Energy Solution Ltd., [...]

Institute Uncovers Cause of Reduction in EV Battery Life

SEOUL, Dec. 21 (Korea Bizwire) — The Korea Institute of Science and Technology said Tuesday its research team had identified the cause of the sharp decline in the life of electric vehicle (EV) batteries using manganese-based spinel cathode materials. These findings are expected to greatly contribute to increasing the potential for commercialization. Thus far, it [...]

S. Korean Lab Develops New Flame Resistance Additive to Prevent Battery Cell Fires

DAEJEON, Oct. 21 (Korea Bizwire) — A South Korean research lab said Thursday it has developed a new additive to improve the flame resistance of rechargeable batteries. The Electronics and Telecommunications Research Institute announced that the newly-developed fluorosulfuric acid-based flame resistance additive features superior flame resistance and safety compared to existing triphenyl phosphate (TPP) flame [...]

TES to Play Strategic Role in Australia’s Battery Recycling Ecosystem

SYDNEY, July 13 (Korea Bizwire) — The New South Wales (NSW) Environment Protection Authority (EPA) has made grants available to companies that propose innovative solutions to address the growing challenge of dealing with end-of-life LIBs from decommissioned solar energy storage systems. TES has been successful in winning a grant from the NSW EPA to build [...]

EV Powered by LG Energy Solution Battery Sets Guinness Record for Highest Altitude Climb

SEOUL, May 25 (Korea Bizwire) — An electric vehicle powered by a battery from LG Energy Solution Ltd. set a new Guinness World Record title for the highest altitude achieved by an electric car. The Volkswagen ID.4 GTX succeeded in driving up the dormant Uturuncu volcano in Bolivia, reaching an altitude of 5,816 meters on [...]