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Samsung Heavy Develops Lithium-ion Battery Power System for Ships

Samsung Heavy Develops Lithium-ion Battery Power System for Ships

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 [...]

€1.6bn Investment Project Kickstarts Lithium Werks’ Battery Gigafactories Vision

€1.6bn Investment Project Kickstarts Lithium Werks’ Battery Gigafactories Vision

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 [...]

New Lithium-Ion Cells May Double Battery Life

New Lithium-Ion Cells May Double Battery Life

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 [...]

New Battery to Dramatically Extend EV Range

New Battery to Dramatically Extend EV Range

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 [...]

LG Chem to Supply Batteries for NASA’s Spacesuits

LG Chem to Supply Batteries for NASA’s Spacesuits

SEOUL, Jul. 18 (Korea Bizwire) — LG Chem Ltd., South Korea’s largest chemicals maker, will start supplying lithium-ion batteries for NASA’s spacesuits in the second half of the year, the company said Monday. The contract with NASA marked the first such deal for a Korean company, LG Chem said. LG Chem said its new battery’s [...]