BASF and CATL said they will collaborate to build a sustainable battery distribution chain.The pair will collaborate in cathode active material and battery recycling areas.They will work to reduce the carbon footprint of their operations through BASF’s advanced manufacturing process, stable raw mate

WCP is planning for an IPO next year. But its parent company W-Scope’s patent lawsuit with Japan’s Asahi Kasei will likely dictate how successful going public will be.The Japanese company filed the lawsuit against W-Scope last year in January in South Korea.Asahi Kasei is hoping to stop W-Scope from

LG Energy Solution has put in 35 billion won into China’s Greatpower Technology for a 4.8% stake.The South Korean battery maker said on Friday that it will be procuring 20,000 metric tonnes of nickel from the Chinese company from 2023 to 2028.The amount if enough for batteries that can be used in ar

SK Innovation said on Thursday that it held an extraordinary shareholders’ meeting that approved the split of its battery and petrochemical businesses.The new companies are tentatively called SK Battery and SK E&P and will inaugurate on October 1.The motion received 80.2% approval from shareholders,

Hyundai Motor Group and LG Energy Solution said on Wednesday that they have started construction of their joint battery factory in Indonesia.The factory will be built at Karawang New Industry City on 330,000 meter-square of land.It will have an annual production capacity of 10GWh.The pair is aiming

Samsung SDI is reviewing potential ways to secure funding to invest in its battery business.It is reviewing the possibility of splitting off the battery business, called Energy Solution business by the firm.The plan was discussed in a recent meeting between key executives, sources within the company

Onejoon said on Tuesday that it plans to use the fund it secures from its IPO to research silicon anode and carbon fiber processing technologies.The company manufactures thermal kilns used in battery production as well as develops production processes for battery materials.It offers roller hearth ki

Xavis has been chosen by the Ministry of Trade, Industry and Energy to lead a national project to develop an AI-based x-ray inspection kit for batteries.The company will develop a 15ppm system under the project.Xavis will spend 2.018 billion won for the project __ 1.38 billion won will be provided b

SK Innovation said on Thursday that it has signed a deal worth 10.11 trillion won with EcoPro BM to procure battery cathode.The pair will also collaborate in the development of cathode material and battery recycling.TheElec was the first to report on July 20 that EcoPro BM and SK Innovation was in t

Wonik PNE said on Wednesday that it will be supplying Swedish battery maker Northvolt with charge discharge equipment.The kits will be supplied to Vasteras in Sweden, where the battery maker has an R&D center and production line.The contract will last from September 7 to December 31. Wonik PNE didn’

Hana Technology will supply battery production kits to Norway’s Freyr.The South Korean company will supply assembly and formation kits used in the production of semi solid-state batteries in turn-key.Semi solid-state batteries are more stable than conventional lithium-ion batteries and cheaper to ma

PNT has bought the factory lands at Gumi owned by Asahi PD Glass.The South Korean battery equipment maker will build a new factory there, which has a space of 66,000 meter-square.PNT is also planning to build a separate new production line at Gumi near its headquarters next year.The firm has 600 bil

South Korean battery equipment makers have won major deals to supply their kits to Vietnam’s VinFast for their 2.5GWh battery factory.VinFast is currently building two 200PPM production lines to manufacture cylinder batteries at Hai Phong in Vietnam.Wonik PNE has won a deal worth 32 billion won; TSI

LG Energy Solution will be using films provided by a Chinese firm for pouch batteries sold in China.KDW, a subsidiary of Shenzhen Selen Science & Technology, has recently signed a contract to supply the South Korean battery maker with its lithium-ion battery pouch films, Chinese media Yuncaijing rep

LG Energy Solution has begun the development of lithium iron phosphate (LFP) battery late last year, TheElec has learned.The technology is mostly used by Chinese companies.LFP battery is a kind of lithium-ion battery. Instead of using nickel, cobalt and manganese or nickel, cobalt and aluminum as it

SK Innovation said on Wednesday that it will build its fourth electric vehicle battery factory at Yangcheng, China.The company will spend US$1.06 billion for the factory up to December 2024.It will execute the spending plan after it splits off its battery business on October 1.SK Innovation already

Battery production equipment maker TSI has won a 1.1 billion won deal with VinFast to supply mixing equipment.The company said on Wednesday that the deal is turn-key and will last until July 16, 2022.VinFast is an automobile maker under Vingroup. Vietnam’s largest conglomerate. It is working to manu

Sales of battery electric vehicle (BEV) and plug-in hybrid electric vehicles (PHEV) in 15 countries increased by 100% year-on-year in July, according to analyst firm EV Volumes.A total of 464,2000 units were sold during the month.Accumulated unit sales up to July this year was also 2.84 million unit

Hana Technology will supply its EV used battery performance inspection kit to the Ministry of Environment, the company said on Monday.The kits will be used to check the performances of used batteries collected by the Ministry.Hana Technology has been preparing for the battery recycling business sinc

LG Energy Solution has placed additional orders for mixing equipment used in battery production for the factory at Lordstown, Ohi, run by its joint venture Ultium Cells with General Motors, TheElec has learned.Related companies were notified of the order from LG Electronics’ Production engineering R