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SK On to Produce Eco-friendly ESS Using Batteries Collected from Scrapped EV Batteries

SK On to Produce Eco-friendly ESS Using Batteries Collected from Scrapped EV Batteries

SEOUL, Nov. 30 (Korea Bizwire) — SK On, the new battery spinoff of SK Innovation Co., has launched a pilot project to churn out eco-friendly energy storage system (ESS) using the batteries collected from scrapped electric vehicle batteries. The company said Monday that it had signed a business agreement with the state-run Korea Electrical Safety [...]

Hyundai, OCI, CPS Energy Team Up for Recycle of Used EV Batteries in ESS

Hyundai, OCI, CPS Energy Team Up for Recycle of Used EV Batteries in ESS

SEOUL, Sept. 15 (Korea Bizwire) — South Korean automaker Hyundai Motor Group said Wednesday it will partner with solar firm OCI Solar Power and U.S.-based utility firm CPS Energy to recycle used electric vehicle batteries in the energy storage system (ESS). Hyundai Motor, the U.S. subsidiary of Korean solar firm OCI and CPS Energy signed [...]