South Korea’s SK Innovation chose Chinese company Lead Intelligent Equipment to supply key equipment for its EV battery plant in Changzhou of China, according to industry sources on Nov. 11. This is the first time the firms struck a business deal.The equipment will be used for stacking, which comes

LG Chem, Samsung SDI and SK Innovation are expected to have invested an average 20% or more in CAPEX this year compared to 2018, according to the three battery makers on Nov. 6.In total, the threesome is estimated to have invested up to 6.1 trillion won in battery cells alone. This reflects a 26% in

South Korea's LG Chem will be using Electro Magnetic Filters (EMF) for its Kobierzyce EV battery plant in Poland in a bid to stabilize yields, with the filters being supplied by local manufacturer Daebo Magnetic, according to industry sources on Nov. 5.Less than 10 of the filters were supplied, most

As of the end of this year, LG Chem is estimated to produce up to 40GWh worth of EV batteries from its Chinese operations, according to figures on Nov. 4. This means around 56% of the total EV battery production is made in China.When LG Chem’s Polish facilities go into operation at the end of 2020,

LG Chem will once more be supplying to Samsung Electronics, this time to the latest in the Galaxy A series lineup, according to industry sources on Oct. 30. This is the third time this year that Samsung has opted for LG-made batteries for its smartphones.The sources said that the newest model appear

LG Chem has slipped further away from achieving its annual 10 trillion won revenue goal for its battery business, as its accumulated sales up until the third quarter of this year fell short of 6 trillion won.The biggest factors were the disruption in mass production plans at its EV battery plant in

US-based Tesla appears to be gearing up to produce its own EV batteries. South Korean battery equipment maker Daebo Magnetic will most likely be filling the orders for the electro magnetic filters (EMF) needed for production.Industry sources told The Elec on Oct. 21 that Daebo seems ready to sign a

POSCO Chemical is planning to produce synthetic graphite cathode materials for the first time on South Korean soil from a plant it will begin building in Pohang in December this year, according to industry sources.Until now, the country has relied entirely on imports for synthetic graphite cathode m

LG Chem CEO Kim Jong-hyun called for EV battery makers to turn the business into a sustainable one by constantly considering environmental problems.“Recycling EV batteries is one key way to maintain sustainability,” said Kim during a keynote speech on Oct. 17 at the Battery Conference 2019.EV batter

The government will be launching another round of investigations into the string of fires at energy storage systems this past year. In June, it had issued set of measures on the cause behind the fires and to prevent similar accidents, but three more fires occurred over the past month.On Monday, the

Samsung SDI is ready to rev up its battery pack-making facilities in India, meaning mass production is available on cue. The exact size of the money spent on the plant has not been unveiled, but overseas media puts it at around 100 billion won.However, the firm has yet to decide when operations will

By applying smart factory to its battery-making facilities, SK Innovation has successfully streamlined and upgraded its manufacturing processes ranging from packaging and quality checks to analyzing defects, according to the company a week ahead of the Manufacturing Tech Conference.Encouraged by the

South Korean battery maker LG Chem is planning to build production lines capable of producing batteries for both Electric Vehicles (EV) and Energy Storage Systems (ESS) in order to cope more flexibly with different demand situations.Industry sources recently said that LG Chem will most likely build

LG Chem has begun to mass produce batteries for Tesla’s Model 3 electric vehicles from its Nanjing plant in China, according to industry sources Sept. 18.The US-based EV maker will be using LG Chem’ 21700 type batteries using NCM811 that boast a nickel proportion of 80% or more. The LG company previ

The top executives of LG Chem and SK Innovation were unable to strike a truce on the legal feud over electric vehicle batteries during a meeting on Sept. 16 that was hurriedly arranged on government urging.“LG Chem Vice Chairman Shin Hak-cheol met with SK Innovation CEO Kim Jun, but there were no re

LG Innotek will be supplying 3D Time of Flight (ToF) modules for Apple’s next generation iPads and iPhones in 2020, according to industry sources on Sept. 16.ToF is a camera technology that allows for 3D viewing that can be applied to VR, AR and 5G. ToF is to be applied to the iPad Pros to be launch

South Korea’s presidential office of Cheong Wa Dae has summoned the top executives of LG Chem and SK Innovation in an attempt to intervene in the fierce legal battle over electric vehicle battery patents between the two conglomerates.The meeting reportedly happened just before the Chuseok holidays t

Samsung SDI invested additional funds to ramp up the capacity of its electric vehicle battery plant in China’s Xian to snap up a bigger market share in the world’s No.2 economy, according to Chinese officials on Sept. 10.“The investment was completed last year, and mass production has already begun,

The South Korean government has indicated that it might intervene in the legal dispute between LG Chem and SK Innovation over electric car battery patents, saying it was “inappropriate” for local companies to file suits against each other in foreign courts, according to industry sources on Sept. 9.M

South Korean battery maker Samsung SDI will supply batteries for next generation electric vehicles manufactured by Audi, according to industry sources on Sept. 4.This marks the first time the Samsung unit provided batteries for an EV, and the second in terms of Volkswagen Group, which sells cars und