LG Energy Solution said on Tuesday that it plans to spend 600 billion won on its battery factory at Ochang, South Korea up to next year to upgrade the facility.The South Korean battery maker said it wants to make the facility the Mother Factory for all its production facilities worldwide, or a globa

EcoPro said on Monday that it has started construction of its first foreign battery factory in Hungary on Friday last week.EcoPro and affiliates will spend 382.7 billion won to build the factory at Debrecen, which will be completed next year and begin mass production in 2025.The South Korean battery

Hana Technology is expected to win orders for battery production equipment from SK On for the expansion of its battery facility at Seosan, South Korea, TheElec has learned.Hana Technology formed close ties with SK On when it became the vendor for tab welding and packaging equipment in 2021 to be use

Samsung SDI was collaborating with two Chinese companies to develop new stacking equipment used in battery production, TheElec has learned.There were two other South Korean companies that were also bidding for the project but they lost out to their Chinese competitors, sources said.Stacking is alrea

Lotte Energy Materials is also planning to develop and manufacture copper foils for 4680 batteries.The company said it was testing the foil, called I2SH, during its conference call for its fourth-quarter earnings.The battery type is used widely by Tesla for its electric vehicles.Solus Advanced Mater

Japan’s Idemitsu Kosan said on Tuesday that its new research center in Osan, South Korea won’t be affected by diplomatic or security issues.Idemitsu is a supplier of blue OLED material and electron transport layer to Samsung Display and LG Display for OLED panels.The Japanese company formed the rese

Samsung SDI is planning to add 3D CT scanning in its battery production, TheElec has learned.The inspection will be done in-line and the company has already adopted the system at its factory in Goed, Hungary.The equipment was supplied by SFA, which has been supplying them to battery cell makers sinc

SK On is expected to double the production capacity of its Seosan plant than initially planned, TheElec has learned.The South Korean battery maker had planned to aim for an annual production capacity of 10GWh.But this has now been increased to over 20GWh, at least four times higher than the plant’s

The bosses of auto giant Hyundai Motor and battery maker CATL had met in March to discuss further collaboration between the pair, TheElec has learned.CATL CEO Zeng Yuqun visited South Korea during the month and met with Hyundai Motor executive chairman Chung Eui-sun. They had already met three month

EcoPro said on Thursday during its shareholders meeting that it plans to invest in mining companies to be involved directly with procuring materials used in battery production.In the long term, the company said it wants to invest in the mines themselves.This means that EcoPro, which manufactures cat

A third Chinese battery equipment maker has set up a subsidiary in South Korea in a bid to win local battery makers Samsung SDI, LG Energy Solution and SK On as customers, TheElec has learned.Huizhou-based Lyric Robot will set up its office in Dongtan, Gyeonggi Province this month, sources said.The

LG Energy Solution is planning to spend 7.2 trillion won to build a new battery plant in Arizona.The new plant to built at Queen Creek, Arizona will manufacture cylinder, lithium iron phosphate (LFP) and energy storage system (ESS) batteries, the South Korean battery maker said following its board m

LG Energy Solution CEO Kwon Young-soo said on Friday that the company will begin manufacturing lithium iron phosphate (LFP) batteries for energy storage systems this year.Kwon also confirmed that the company will begin manufacturing LFP batteries for EVs in 2025, following the battery maker’s annual

Samsung chairman Lee Jae-yong is expected to meet executives of US electric car maker Lucid next month, TheElec has learned.Lee will accompany South Korea's President Yoon Suk-yeol on his state visit to the US on April 26.There is expected to be a roundtable meeting between US and South Korean busin

Chinese battery equipment maker Zhejiang Hangke will be forming a joint venture in South Korea, TheElec has learned.The company will form HK Power with a local company. Hangke will spend US$30 million in the venture.The move is likely to supply more equipment to main customer SK On. Hangke recently

Samsung Electro-Mechanics has so far filed 14 patents that are seemingly related to solid-state batteries.According to Kpris, an open portal of all patents filed in South Korea run by the Korea Patent Office, the component maker had so far filed a total of 14 patents related to solid-state batteries

LS Electric is planning to build an electric infrastructure technology center in August somewhere in Central US.The center is expected to house up to 40 staff handling service engineering, maintenance and repair as well as research, the company said.The building of the center will be followed up by

Samsung Electro-Mechanics was developing components for small solid-state batteries.Samsung Electro-Mechanics CEO Chang Duck-hyun told reporters after the company’s shareholders meeting on Tuesday that the company had the technology to make solid oxide at high temperatures thanks to its experience m

Samsung SDI has confirmed that it was developing lithium iron phosphate (LFP) battery after its shareholders’ meeting.LFP batteries are mostly made by Chinese companies but their popularity has spurned South Korean battery makers LG Energy Solution and SK On to develop them as well.LFP batteries hav

Home appliance giant Dyson is planning to manufacture its own batteries, TheElec has learned.The UK company is planning to manufacture small pouch-type batteries in collaboration with South Korean equipment makers, sources said.Dyson is planning to build its factory in Singapore with an expected ann