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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 [...]

LG-led Consortium Pushing for US$9 bln Battery Supply Chain Project in Indonesia

SEOUL, April 18 (Korea Bizwire) — A South Korean consortium led by LG has signed an initial agreement with Indonesia’s state-run companies to push for a project worth around US$9 billion to establish an electric vehicle battery supply chain in the Southeast Asian country, a LG unit said Monday. The nonbinding framework agreement was signed [...]

Jeju on Track to Enable Sales of Battery Packs in Used EVs

JEJU, April 18 (Korea Bizwire) — South Korea’s southern resort island of Jeju is on track to allow the sales of battery packs in used electric vehicles (EVs). On Friday, the Jeju Special Self-Governing Provincial Government issued an advance notice on a partial revision of the “EV battery return and processing ordinance.” Under the revision, [...]

LG Energy Solution Says U.S. Battery Probe Involves No Additional Issues

SEOUL, April 6 (Korea Bizwire) — LG Energy Solution Ltd.(LGES) said Wednesday the U.S. auto safety agency’s probe into its batteries is a “follow-up procedure” to the recent recalls of electric vehicles made with LG products, stressing that it does not involve any additional issues. The U.S. National Highway Traffic Safety Administration (NHTSA) said Tuesday [...]

U.S. Battery Maker SES AI Launches Branch in S. Korea to Expand Market Foothold

SEOUL, Feb. 11 (Korea Bizwire) — SES AI Corp., a U.S. battery developer, said Friday it has launched a subsidiary in Seoul as part of efforts to further expand its foothold in the country. The announcement by the Boston-headquartered company came about three months after it unveiled its next-generation hybrid lithium-metal battery, “Apollo,” for large [...]

Hyundai, U.S. Firm Join Hands for Battery Development

SEOUL, Jan. 20 (Korea Bizwire) — South Korea’s Hyundai Motor Co. said Thursday it has partnered with U.S. quantum computer firm IonQ for battery development. The partnership will allow Hyundai Motor to use IonQ’s quantum computers to develop more effective car batteries, Hyundai said in a statement. Quantum-powered chemistry simulation is expected to significantly enhance [...]

KAIST Researchers Develop High-performance All-solid-state Battery

DAEJEON, Jan. 14 (Korea Bizwire) — South Korea’s top-ranked science and technology university said Thursday that it had developed a high-performance all-solid-state battery using a high molecular electrolyte in the form of an elastomer, a synthetic resin with excellent elasticity and dynamic stability. The all-solid-state Li-metal battery was developed by changing the state of the [...]

LG Units to Repay GM 1.4 tln Won for Bolt EV Battery Recall Costs

SEOUL, Oct. 13 (Korea Bizwire) — LG Electronics Inc. and LG Energy Solution said Wednesday that they will repay General Motors Co. about 1.4 trillion won (US$1.2 billion) in costs for the recalls of Bolt electric vehicles due to battery defects. The two flagship units of South Korea’s LG Group have reached an agreement with [...]