SEOUL, March 29 (Korea Bizwire) — SK IE Technology Co. (SKIET), an affiliate of South Korean EV battery producer SK Innovation Co., has decided to make a large investment to preempt the fledgling market for lithium-ion battery separators. The company decided to invest an unprecedented 1.13 trillion won (US$997 million) to build its third and [...]
DAEJEON, Dec. 4 (Korea Bizwire) — A research team affiliated with the Korea Advanced Institute of Science & Technology (KAIST) announced on Thursday that it had developed a new hybrid lithium-ion battery that enables rapid charging within seconds. Despite having a high energy density, existing lithium-ion batteries have shortcomings such as bulky size and long [...]
SEOUL, Sept. 24 (Korea Bizwire) — South Korea is working to develop a lithium-ion battery to be used for a submarine to improve its underwater time, the arms procurement agency said Thursday. Starting next month, the government will begin producing the battery’s prototype for the new 3,600-ton Jang Bogo-III Class submarine currently under development, according [...]
SEOUL, Sept. 21 (Korea Bizwire) — South Korea’s cathode material producers are likely to see solid earnings in the fourth quarter of the year on a surge in nickel and cobalt prices, analysts here said Saturday, amid growing demand for electric vehicle (EV) batteries. Nickel and cobalt are key raw materials for cathodes, one of [...]
SEOUL, Jul. 29 (Korea Bizwire) — Samsung Heavy Industries Co., a major shipbuilder in South Korea, said Monday it has developed a lithium-ion battery power system for ships. The system, jointly developed with local battery manufacturer Samsung SDI Co., earned a type approval from Norway’s renowned classification society DVL-GL, becoming the first local shipbuilder to [...]
THE HAGUE, Netherlands, Oct. 16 (Korea Bizwire) — Dutch energy storage and battery company Lithium Werks B.V. (www.lithiumwerks.com) and Chinese Zhejiang Jiashan Economic and Technological Development Zone Industry Corporation have signed a framework agreement with the intention to construct a 60 hectares battery gigafactory in the Yangtze river Delta. Total investments required are estimated at [...]
ULSAN, Feb. 21 (Korea Bizwire) – A research team at South Korea’s UNIST has developed a new type of lithium-ion battery that can be printed, bent, cut and even put through flames without leaving it worse for wear. The technology has been named the “flexible/shape-versatile bipolar all-solid state lithium-ion battery” by its creators. According to [...]
SEOUL, Jul. 21 (Korea Bizwire) — A group of scientists have greatly improved the capacity and performance of lithium ion batteries based on the Nobel Prize-winning concept called “mechanical bond,” the Korea Advanced Institute of Science and Technology (KAIST) said Friday. The team led by Choi Jang-wook and Ali Coskun integrated molecular pulleys, called polyrotaxanes, [...]
GWANGJU, Jan. 11 (Korea Bizwire) – A joint team of researchers from the Gwangju Institute of Science and Technology and MIT have developed a lithium-ion battery with double the existing battery life and quadruple the capacity of typical existing products. According to the team, once commercialized, the battery could extend the maximum single charge driving [...]
SEOUL, Aug. 4 (Korea Bizwire) – A research team from Dongguk University’s Department of Energy and Materials Engineering revealed Wednesday that it has developed a technology that can extend the lifespan of silicon-based cathode material from current few dozen cycles to as many as 500. What is significant is that the newly-developed material is considered [...]