rechargeable batteries Archives

POSCO Launches Secondary Cell Recycling Business

SEOUL, May 31 (Korea Bizwire) — POSCO has teamed up with a Chinese company to roll out an eco-friendly secondary cell recycling business. The world’s fifth-largest steelmaker by output recently signed an investment contract with the South Jeolla provincial government for the development of the new entity. Prior to this, POSCO established a joint venture [...]

S. Korean EV Industry Embraces Second Life for Used Batteries

SEOUL, May 7 (Korea Bizwire) — As electric vehicle sales are growing in South Korea, one big issue coming in the foreseeable future is what to do with rechargeable batteries that outlive their useful life for a vehicle. Lithium-ion batteries, a key component that determines an EV’s driving range and performance, inevitably degrade with time [...]