Batteries

L&F signed a contract to supply NCMA cathode material to LG Energy Solutions

L&F, a mid-sized South Korean battery cathode material company, signed a contract to supply cathode materials with LG Energy Solution. Nickel-cobalt-manganese-aluminum (NCMA) high-nickel cathode materials with a nickel content of 80% or more are targeted. On the 16th, L&F announced through an electronic disclosure that it has signed a contract… Read More »L&F signed a contract to supply NCMA cathode material to LG Energy Solutions

ITM Semiconductor will make new smartphone battery packs for LG Electronics

ITM Semiconductor, a battery protection circuit company that mainly deals with Samsung, is in charge of producing LG Electronics smartphone batteries. Until now, ITM Semiconductor has mainly been in charge of Samsung Electronics’ wireless division. It supplied battery pack assemblies and battery protection circuits for Galaxy smartphones. Last year, it… Read More »ITM Semiconductor will make new smartphone battery packs for LG Electronics

Iljin Materials builds its first battery copper foil plant in Hungary.

The Hungarian Investment Authority (HIPA) announced that ILJIN Materials will build the first copper foil (electronic foil) plant in Europe in Gödöllő, outside Budapest, Hungary. The size of the Iljin Materials factory is 50 million square meters. The copper foil production capacity is 10,000 tons per year. Iljin Materials invests… Read More »Iljin Materials builds its first battery copper foil plant in Hungary.

Samsung SDI to diversify its battery parts supplies in Europe

Samsung SDI is considering diversifying sources of electric vehicle (EV) battery parts. It happens with the intention of securing parts without causing disruption in line with the expansion of Hungarian Göed plant. China’s KDL (科达利) announced through a recent disclosure that it will invest 30 million euros to establish an… Read More »Samsung SDI to diversify its battery parts supplies in Europe

Cathode materials equipment makers fight for South Korean market share

Hanwha Co., Ltd. and Onejoon are competing for orders for the production equipment of cathode material, which is a core material for batteries. The target is a sintering furnace that mixes a precursor, which is a raw material for cathode material, and additives (for instance lithium) The future market outlook… Read More »Cathode materials equipment makers fight for South Korean market share

SK Innovation litigation might impact Georgia’s battery plant progress

LG Energy Solutions and SK Innovation’s litigation regarding the infringement of trade secrets for electric vehicle (EV) batteries is having a negative impact on the supply chain. SK Innovation has reduced orders for battery equipment in the second half of the year to domestic partners. This is because facility investment… Read More »SK Innovation litigation might impact Georgia’s battery plant progress

Toyota solid-state battery technology may be launched next year

Fully charged in 10 minutes and 500 kilometers of travel on a single charge. With the potential safety hazard minimized. Toyota said that the company’s upcoming solid-state battery will not only change electric vehicles, but also change the dynamics of the entire industry. Electric vehicles driven by traditional lithium-ion batteries… Read More »Toyota solid-state battery technology may be launched next year