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SK Innovation ‘in battery venture talks with VW, China’

Fri, 04/12/2019 - 12:54 -- Hugh Finzel

South Korea’s SK Innovation (SKI) is reportedly in talks to establish two separate battery production joint ventures— one with Volkswagen and another with Chinese partners.

SKI confirmed talks with Volkswagen in an interview with Reuters, saying the two companies were discussing building a factory together. SKI also said I was “on the cusp” of agreeing plans to build a plant in China with “undisclosed partners”.

The president of SKI’s batteries business YS Yoon told Reuters: “Our strategy is to keep up with technological advancement by having relationships with some of our key customers. Compared with rivals, we’ve been matching or exceeding investment in the (EV batteries) area since last year.”

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SK Innovation building Polish battery plant

Fri, 03/29/2019 - 10:42 -- Hugh Finzel

SK Innovation is to start work on a factory in Poland to manufacture lithium-ion battery separators (LiBS) and ceramic coated separators (CCS) for electric vehicle batteries in Europe.

The South Korean group will break ground on the plant site in Województwo Śląskie in southern Poland in the third quarter of 2019— and expects to begin mass production in the third quarter of 2021.

SK Innovation intends to invest €335 million (US$378m) to realise four LiBS production units and three CCS production units on the 270,000 square metre site.

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SK Innovation starts work on US battery factory

Tue, 03/26/2019 - 12:58 -- John Shepherd
Artist's impression of SK Innovation's EV plant

SK Innovation has broken ground on a US$1.1 billion electric vehicle batteries production plant in the US state of Georgia.

The South Korean group said the plant would have an annual production capacity of around 60 gigawatt-hours of lithium-ion batteries annually by 2022— when full production is slated to start.

SK Group vice-chairman Choi Jae-Won said the facility— being built on a 278-acre site in Commerce City— would be completed in the second half of 2021 and help to strengthen Korean-US economic cooperation.

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Second Korean collaboration for BMZ Group

Mon, 01/07/2019 - 00:00 -- Hugh Finzel
BMZ's Sven Bauer and Samsung SDI's Michael Son at the contract signing

Germany’s BMZ Group and South Korea’s Samsung SDI have entered a long-term cooperation agreement to jointly promote the expansion of electromobile applications in the European market.

Karlstein-based BMZ said Samsung SDI, “one of the world's largest cell manufacturers, will rely in the future on BMZ as system supplier for battery systems, integration and software”.

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Samsung 'to expand China battery production'

Mon, 12/17/2018 - 00:00 -- Hugh Finzel

Korean electronics giant Samsung is to invest US$2.4 billion in order to expand battery manufacturing in Tianjin, northern China, according to a report by the state-run Xinhua News Agency.

The Tianjin municipal government has reported that the investment will be used to expand the power battery lines for automotive batteries, and to establish a multi-layer ceramics capacitors (MLCC) factory in the city.

Tianjin is already a well-established manufacturing base for Samsung, with 10 affiliated companies currently in the municipality, pumping out products reportedly worth a combined total of around CNY84bn ($12.2bn) annually.

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Kokam deploys ‘high energy’ BESS systems in South Korea

Mon, 12/03/2018 - 00:00 -- John Shepherd

South Korean battery company Kokam has been selected to provide photovoltaic-connected battery energy storage systems for two projects in the country.

Kokam will deploy its high energy lithium nickel manganese cobalt oxide (HE NMC) battery technology for the projects, which total 40 megawatt-hours (MWh) of BESS capacity.

The storage systems are needed for renewable capacity firming and energy time shifting, Kokam said.

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Sri Lanka firm advances on lead and edges into lithium

Fri, 06/29/2018 - 11:00 -- Xuan Zhong
Sri Lanka firm advances on lead and edges into lithium

Sri Lanka lead-acid firm Associated Battery Manufacturers Ceylon (ABM) is reportedly set to launch a new start-stop battery onto the market— and make its first foray into lithium with a Korean partner.

The new battery, developed in partnership with the Sri Lanka Institute of Nanotechnology, is expected to help “increase vehicle fuel efficiency by 12%”, CEO M Ramachandran (pictured) was quoted as telling the Daily News.

 

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Korean battery makers line up in Europe

Tue, 12/05/2017 - 11:15 -- News Editor
Korean battery makers line up in Europe

Further evidence of a Korean “land grab” of future European EV markets came last week with SK Innovation's announcement that it plans to invest around KRW1 trillion ($920 million) to build an electric vehicle (EV) battery plant in Hungary and to expand production facilities for EV batteries in South Korea.

The battery maker said it would set aside KRW840 billion for the Hungary plant, which it will start building in February. By 2020, the plant will be capable of producing 7.5GWh of batteries each year.

 

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Cobalt crisis forces Koreans to act

Mon, 07/31/2017 - 10:23 -- News Editor
Cobalt crisis forces Koreans to act

Amid growing demand for the lithium-ion batteries that power electric vehicles and smartphones, cobalt, the key energy metal, has seen a decline in production this year driven mainly by the unstable political situation of the Democratic Republic of Congo, which accounts for more than half of global cobalt production.

This month, the price of cobalt came to $61,000 per ton, a 90% jump from early in the year, according to industry data.

Photo credit: The Carter Center: G. Dubourthoumieu

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US, Korea firms work together on Li-ion tech

Thu, 06/15/2017 - 12:42 -- Xuan Zhong
US, Korea firms work together on Li-ion tech

US lithium-ion technology firm BioSolar has signed a joint development agreement with Li-ion battery manufacturer Top Battery from South Korea. The two companies plan to integrate their technologies to assess, develop and manufacture lithium products.

This agreement follows BioSolar’s announcement that it had successfully completed the laboratory phase of its silicon alloy nanocomposite anode material development with data suggesting it can achieve higher capacity with lowered costs.

 

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