LG Chem and Korea Zinc are planning to form a joint venture that will produce battery materials during the first quarter this year, TheElec has learned.The joint venture will produce precursor used in the production of battery cathode, sources said.The venture may also manufacture nickel matte, the

US electric vehicle firm Rivian and South Korean battery maker Samsung SDI’s talks over forming a potential joint venture have effectively ended, TheElec has learned.The pair were no longer in negotiations over the forming of a battery making joint venture, sources said.Rivian, founded in 2009, list

EcoPro BM said on Monday that it has halted production at its cathode plant at Ochang following an explosion there on Friday.The battery cathode maker didn’t say when it believes it can restart production.The explosion on Friday caused one death and three injuries.As of the third quarter of 2021, th

South Korean material firm LPN has developed a technology to recycle leftover natural graphite, which can lead to cost-cutting in battery production.The company said the technology, called conglobulation, has been verified by a global company.LPN is planning to build a pilot line for the technology

SK Innovation, the parent company of battery maker SK On, and US automobile giant Ford is planning to form a joint venture in Europe to build another factory in the continent, TheElec has learned.The venture and factory are highly likely to be set up in Turkey, people with direct knowledge of the ma

LG Energy Solution’s market share in electric vehicle (EV) batteries in China dropped last year, according to data from Gaogong Industry Institute (GGII).Last year, 2.423 million units of EV were sold in China. The vehicles used 101.1GWh of batteries.This is an increase of 170% and 176%, respectivel

SK Innovation has added Hana Technology as a new supplier of battery packaging equipment that will be used by battery maker SK On, TheElec has learned.Hana Technology’s first order will be for packaging equipment that will be used in SK On’s factory at Yancheng, China, sources said.Hana Technology w

South Korean cathode maker is considering building a cathode factory in the US, TheElec has learned.The company will likely form a joint venture with Samsung SDI for the factory, sources with direct knowledge of the matter said.However, specific details such as how much it would spend on the factory

LG Energy Solution CEO and vice chairman Kwon Young-soo has claimed in a conference of the company’s IPO that it will overtake CATL, the world’s largest battery maker, in the future.Kwon said that LG Energy Solution’s market capitalization is currently behind CATL but the pair would soon be "competi

LG Chem will produce NCMA (nickel, cobalt, manganese and aluminum) cathode through its joint venture with Huayou Cobalt in South Korea, TheElec has learned.The joint venture, called LG BCM which will be set up at Gumi, South Korea, will be producing the NCMA cathode, which will comprised of over 80%

SK On is expected to begin placing orders for equipment to use on its planned battery factory at Ivancsa, Hungary, TheElec has learned.The orders will be placed this month at the earliest and no later than during the first quarter, sources said.SK On, the battery subsidiary of SK Innovation, initial

LG Energy Solution is planning to apply the Z-stacking method into its battery productions, TheElec has learned.Stacking during battery production is when the cathode, anode, separator and other material materials are stacked on top of each other. It is part of the assembly process in battery produc

Yunsung F&C has won a turn-key order to supply mixing equipment from Ultium Cells, the battery making joint venture between LG Energy Solution and General Motors, TheElec has learned.The South Korean equipment had previously won an order to supply one unit of mixing equipment.But Yunsung F&C now won

LG Energy Solution has formed a digital office under the direct supervision of new CEO Kwon Young-soo, TheElec has learned.It is also remodeling the CEO office and employee lounge to better communicate between employees, sources said.LG Energy Solution is yet to name a new chief digital officer (CDO

SK On, the battery making subsidiary of SK Innovation, has formed a new research center that will focus on the development of next-generation batteries, TheElec has learned.The new Emerging Energy Research Center is located inside its main research hub at Daejeon.It is SK On’s first research center

The high demand for pouch films from the battery market will give South Korea and China to increase their market share in a market traditionally dominated by Japan, according to data from QYResearch.The analyst firm said the market for pouch film was worth US$59.5 million last year, but will grow to

Executives of France’s Automotive Cell Company (ACC) have met with South Korean kit makers in their recent visit to the country, TheElec has learned.ACC COO Jean-Baptiste Pernot and ACC CTO Philippe Biensan met with their counterparts that work for South Korean companies in the battery supply chain,

Chinese battery giant CATL has formed a regional subsidiary in South Korea, TheElec has learned.The regional branch, its fifth outside of China after Japan, Germany, the US and France, has set up its office at Gangnam, Seoul.The subsidiary will have one regional manager and two employees at the star

Magnetic separator maker Daebo Magnetic has been expanding into battery material processing since earlier this year and the new business will start contributing in revenue in 2022, the company CEO said.Daebo Magnetic CEO Lee Sang-ick said the company has started to contact potential customers during

EcoPro is planning to diversify its battery cathode lineup, including those that use very little cobalt and have high portions of nickel in them.EcoPro chairman Lee Dong-chae said on Thursday at a press conference that the company plans to develop a cobalt-free cathode, also known as NMX, and a low-