EcoPro BM said on Wednesday that it plans to spend 629.4 billion won in total in South Korea and Canada to expand its battery cathode production capacity.It will spend 473.2 billion won at its Pohang facility and another 156.2 billion on EcoCAM Canada, its subsidiary in the North American country.At

Battery contract producer JR Energy Solution said on Wednesday that it has started construction of its first factory.The factory will manufacture the cathode and anode electrodes for its battery customers.JR Energy Solution will spend 40 billion won initially and 305.6 billion won in total up to 202

Battery equipment maker Hana Technology has signed a strategic collaboration agreement with its Chinese counterpart SINVO, TheElec has learned.Shenzhen-based SINVO was founded in 2006 and has so far supplied battery production equipment for small batteries.It has supplied its equipment to battery ma

LG Energy Solution has formed a new team dedicated to developing 4680 batteries, a standard widely used by electric vehicle giant Tesla.The team is called New Form Factor Task and is based at the South Korean company’s plant in Ochang, South Korea.The NFF Task is led by vice president Ryu Deok-hyun

Samsung Electro-Mechanics said on Tuesday that it has developed two new multi-layer ceramic capacitors (MLCC) for automotive applications.The new MLCCs are 250V, 33nF and 100V, 10microF for 125 Celsius, respectively, in specifications.The South Korean component maker said the two new MLCCs had the h

Battery equipment maker Philenergy is preparing to launch battery equipment aimed at 4680 cylindrical batteries, TheElec has learned.The standard was popularized by Tesla and is being adopted by other automakers BMW, Volvo and Stellantis as well.South Korean battery maker Samsung SDI invested 5 bill

Battery cathode makers are competing to launch a cathode with a single crystal structure first as the technology can increase the performance of electric vehicle batteries substantially.LG Chem, EcoPro BM and L&F are all planning for mass production; LG Chem is planning to launch theirs within the y

Samsung Electro-Mechanics was conducting research into developing and manufacturing oxide solid-state batteries aimed at IT devices, TheElec has learned.Solid-state batteries use solid electrolytes rather than liquid ones in currently commercialized batteries.The electrolyte, which is between the ca

A-Pro said on Monday that it recorded 60.1 billion won in revenue and 8.2 billion won in operating profit.Revenue jumped 195.6% from a year ago while operating profit turned to the black from a year ago.A-Pro currently has over 140 billion won of remaining orders for battery equipment; the company w

On March 2, multiple automotive chip companies saw their share price drop on the New York Stock Exchange. STMicroelectronics and Wolfspeed saw their prices drop 2.43% and 6.98%, receptively. The cause was Tesla, which announced on the prior day that it plans to substantially reduce the number of sil

Battery equipment maker Avaco is expected to begin supplying its new roll press equipment to LG Energy Solution within the year, TheElec has learned.Roll press equipment is used during the electrode process in battery production to form positive and negative tabs.Avaco’s equipment is used to form th

LG Energy Solution and Toyota are expected to finalize their collaboration on supplying electric car batteries in the US.The South Korean battery maker already has a battery joint venture with another Japanese automobile giant Honda.Sources said if LG Energy Solution takes a similar route with Toyot

RAM Tech is reviewing plans to produce electrolytes and additives used in lithium-ion batteries at its planned Dangjin facility, TheElec has learned.The company originally planned to produce just hydrogen fluoride.RAM Tech’s plan to build the facility at Dangjin has resumed after its win against the

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