Hyundai Motor Group and battery maker SK On were discussing forming a battery joint venture in the US, TheElec has learned.The joint venture will run an electric vehicle (EV) battery manufacturing factory, likely in Alabama or Georgia, where the automaker already has automobile factories, sources sa

Hyundai Motor and LG Energy Solution were in disagreement over which method of battery production to use at their electric vehicle (EV) battery joint venture in Indonesia before eventually reaching an agreement, TheElec has learned.The South Korean automaker wanted to use Z-stacking for battery cell

LG Energy Solution is planning to apply its new advanced lamination and stacking (ALS) process for battery production at its plants in China and Poland, TheElec has learned.The process is for pouch batteries, which are used in electric vehicles and energy storage systems, and has already been applie

Samsung was reviewing using batteries from Chinese battery maker Amperex Technology Limited (ATL) for its upcoming foldable smartphones, TheElec has learned.If Samsung’s MX business, the name of its mobile business, approves of the use, it will be the first time that it is using batteries from ATL f

Battery maker SK On is planning to build a pilot production line for prismatic batteries, TheElec has learned.Many within the company had so far argued for the push for pouch batteries but since last year many customers had requested that the South Korean battery maker also manufacture prismatic bat

Samsung is likely to use batteries from LG Energy Solution on its new foldable smartphones launching later this year, TheElec has learned.Samsung’s MX Business, the name of its mobile business, was reviewing using LG Energy Solution’s small-sized pouch batteries on the Galaxy Z Fold 4, sources said.

South Korean battery maker Samsung SDI is planning to apply to its smartphone battery production the stacking method it currently uses for the production of electric vehicle batteries.The stacking method stacks battery materials in layers and Samsung SDI uses this technique currently in the producti

Samsung SDI will decide within April where its electric vehicle battery joint venture with automaker Stellantis will be based at.The South Korean battery maker has recently wrapped up discussions over subsidies with a local government in North America for the matter, sources said.Meanwhile, LG Energ

Posco Chemical was close to finishing the third and fourth phases of expansion of its battery cathode plant in Gwangyang, South Korea, TheElec has learned.Once the expansion is complete, which will be no later than June, the South Korean chemical company’s battery cathode production capacity will in

Samsung SDI is aiming to foster suppliers of material, components and equipment for long-term partnerships as well as finding new suppliers, multiple people familiar with the matter told TheElec.In the past, the South Korean battery maker rotated its supply line for the same parts, they said, but it

South Korean battery maker SK On is planning to procure assembly equipment from more suppliers, TheElec has learned.The company is looking for new suppliers for notching equipment, which is used to create the positive and negative tabs of batteries at the early stages of the assembly process.SK On h

Posco Chemical is planning to start construction of a new battery cathode factory at Pohang, TheElec has learned.It will be its first factory in the South Korean city and the facilities there will produce both cathode and anode, sources said.The company has earmarked around 3 trillion won which will

Verkor CEO Benoit Lemaignan and executives of the French battery firm will visit South Korea this week to meet with local battery equipment makers, TheElec has learned.The executives will tour facilities of South Korean battery equipment makers to look at equipment and machines that Verkor will inst

Battery equipment maker A-Pro is seeking to secure new customers besides its main customer LG Energy Solution.A-Pro CEO Lim Jong-hyun told TheElec that the company was also seeking to expand sales in the US.The company’s main offering is its charge and discharge equipment that supports degassing and

Battery equipment maker Nsys said on Wednesday that it has acquired a 14.13% stake in fellow battery equipment maker Kapjin for 10.05 billion won.The purchase makes Nsys Kapjin’s second-largest shareholder.While Nsys’ main revenue source is inspection equipment for the electrode process during batte

Battery equipment maker Hana Technology is planning to spend more on facilities in 2022 compared to a year ago, TheElec has learned.This includes acquiring additional space to build another factory, sources said.Hana Technology currently has production facilities on 39,969 meter-square of land; the

Nain Tech CEO Park Geun-noh said the company is aiming to increase its annual revenue in 2022 by over 60% compared to a year ago.Park told TheElec during the company's annual shareholders’ meeting on Tuesday that the Covid-19 pandemic had caused its customers to delay spending on facilities and plac

South Korean battery copper foil companies are expected to place orders for equipment worth over 200 billion won this year, TheElec has learned.SK Nexilis, Iljin Materials and KZAM have begun placing orders for equipment to suppliers.They will procure titanium drums from mostly Japanese companies wh

South Korean battery maker SK On has named Toptec as its back-end partner for its new factory in Hungary, TheElec has learned.Toptec will be supplying equipment used to group battery cells into modules and packs to SK On’s factory in Invancsa, Hungary, sources said.The equipment is also used to atta

MK Electron CEO says the company is aiming to start producing silicon anode next year at the earliest.The South Korean material company was currently testing a silicon anode that improves on the weaknesses of exiting silicon anode, MK Electron Lee Jin told TheElec.The anode in batteries stores and r