Battery material maker EcoPro is planning to build its own battery cell production line, TheElec has learned.The line is being made not for commercial production but for research and development of materials such as cathode, separator, current collector, and electrolyte.EcoPro has already started fo

LG Energy Solution is planning to build its most advanced battery production line yet at its Ochang factory, TheElec has learned.It is its seventh pilot line at the factory and will be completed in October.The line will use smart factory technologies and manufacture pouch batteries, sources said.Tho

LG Energy Solution will be supplying lithium iron phosphate (LFP) batteries to Renault’s EV arm Ampere.The South Korean battery maker said it will be supplying 39GWh worth of batteries for five years starting in late 2025.This is enough for 590,000 units of EVs, the company said. LG Energy Solution

Yujin Technology was developing battery notching and stacking equipment, TheElec has learned.It marks the company’s entry into the battery production equipment business, as it has only offered components and materials for batteries so far.Notching is used to make the positive and negative tabs of th

Hyundai Motor is planning to use press notching instead of laser in its latest joint battery factory with LG Energy Solution in the US, TheElec has learned.The factory, operated by the pair’s joint venture HL-GA, will use notching, much like HLI Green Power, Hyundai Motor’s joint venture with LG Ene

Elentec said it will be collaborating with US battery firm Enovix on battery pack research.Elentec will turn battery cells made by Enovic to battery packs under the partnership.The US firm specializes in high-performance batteries that use silicon cathode, the South Korean battery pack firm said.Eno

Battery inspection equipment maker Nsys said on Monday that it will acquire cylindrical battery production equipment maker Lakyung Engineering.Nsys has already secured a 67% stake in the latter and plans to increase this to 80%.Lakyung Engineering specializes in production equipment for 4680 cylindr

EcoPro BM was developing a sodium-ion cathode for batteries and was in talks with car makers for potential supply deals.Dongwook Lee, director of the Future Materials Division at EcoPro BM, told TheElec during Interbattery Europe 2024 being held in Munich that the company was developing various batt

Precursor producer Eco&&Dream is aiming to turn a profit this year and hit 100 billion won in revenue.The company is also aiming to expand its annual precursor production capacity to 100,000 metric tonnes, its research head Kim Tae-min told TheElec.Eco&Dream saw its revenue for the first quarter sur

Samsung SDI is planning to upgrade the humidity sensors it uses in its battery production lines, TheElec has learned.Battery manufacturing lines are traditionally kept in a dry room condition, but accurately sensing the humidity of these conditions using the currently used capacitive humidity sensor

Samsung SDI has kicked off a project to reevaluate its battery production equipment to boost efficiency, TheElec has learned.Called V Project, which stands for Value Reengineering Project, the South Korean lithium-ion battery maker is aiming to reevaluate is existing production equipment to increase

LG Electronics is attempting to sell battery production equipment to non-LG companies.This stems from its recent failure to win orders from the joint battery factory of LG Energy Solution and Hyundai Motor in the US, sources said.LG Electronics’ Production engineering Research Institute (PRI), known

LG Energy Solution is planning to reduce its investment this year due to the unfavorable macroeconomic situation.The South Korean battery maker said on Thursday that it recorded 6.12 trillion won in revenue and 153.7 billion won in operating profit in the first quarter this year, an increase of 30%

LG Energy Solution said on Thursday that it has started construction of its new battery factory in the state of Arizona, which it will spend 7.2 trillion won.It is the second factory it is building on its own in North America. The plant will manufacture cylindrical batteries aimed at electric vehicl

South Korean battery maker SK On will go public no later than 2028, an up to a two-year delay from the initial date that was proposed.Kim Jun, the vice chairman of SK On’s parent company SK Innovation, said on Thursday during SK Innovation's annual shareholders' meeting that the possible adjustment

Battery inspection equipment maker Nsys gained Norway’s Morrow Batteries as a new customer last year, filings from the company showed on Tuesday.Nsys said it recorded 51.2 billion won in revenue last year, a jump of 22% from 2022.This was thanks to the expanded capacity in North America of the compa

Battery production equipment maker PNT said on Tuesday that it aims to record over 1 trillion won in revenue this yearThis is double its annual revenue last year of 545.4 billion won. PNT CEO JoonSup Kim said during its annual shareholders’ meeting that the company is also looking to find new busine

EcoPro said it has secured a 9% stake for US$11 million in a nickel refinery run by China’s GEM in Indonesia.Green Eco Nickel is in Sulawesi Island and produces 20,000 metric tonnes of nickel per year.EcoPro said it will secure nickel from the refinery equivalent to its stake.The South Korean chemic

LG Energy Solution expects the slowdown in the electric vehicle battery market that started last year to continue up to the first half of the year.In response, the South Korean battery maker will adjust its investment timeline in North America, company CFO Lee Chang Sil said during the company’s sha

Samsung SDI is planning to expand its electric vehicle battery production capacity in North America through the forming of new joint ventures and building more factories, the company CEO said on Wednesday.This was because the EV market is expected to continue to grow, Samsung SDI CEO Yoonho Choi sai