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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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Hungary plant to feed 50,000 EVs

Thu, 06/08/2017 - 10:24 -- Xuan Zhong
Hungary plant to feed 50,000 EVs

Samsung SDI says its new EV battery plant in Hungary will start production in 2018.

The 330,000sq m site in Goed, north of Budapest, is capable of producing batteries for 50,000 electric vehicles annually. Production is due to begin in the second quarter of next year.

 

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Tesvolt and Samsung SDI to unveil new lithium cell

Tue, 03/21/2017 - 10:03 -- Xuan Zhong
Tesvolt and Samsung SDI to unveil new lithium cell

German energy storage firm Tesvolt has teamed up with Korean cell manufacturer Samsung SDI on a new high voltage lithium-ion battery.

The battery contains Samsung SDI’s new prismatic lithium cells, which were recently introduced into BMW’s electric cars.

 
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Japanese firm to supply batteries for Samsung’s forthcoming smartphone

Thu, 02/16/2017 - 09:28 -- Xuan Zhong
Japanese firm to supply batteries for Samsung’s forthcoming smartphone

Korea’s tech giant Samsung Electronics is planning to switch lithium-ion battery supplier for its forthcoming Galaxy S8 smart phone, reported Korean media Hankyung.

Japanese ceramic separator maker Murata Manufacturing is set to supply the batteries, just a few months after buying Sony’s lithium batteries business.

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Fast charging lithium-ion to relieve EV range anxiety

Wed, 01/18/2017 - 16:00 -- Paul Crompton
Fast charging lithium-ion to relieve EV range anxiety

South Korean battery maker Samsung SDI claims to have developed lithium-ion technology that pushes the boundaries of what electric vehicles can do.

The prismatic cell will help EVs reach a 600km (372miles) driving range, or 500km (310miles) on a single 20 minute charge (taking the battery up to 80% capacity), according to the company.

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Korean battery firms face loss of the Chinese EV market

Tue, 01/10/2017 - 13:05 -- Paul Crompton
Korean battery firms face loss of the Chinese EV market

Two Korean battery makers face further losses after cars using their lithium technology had their certification cancelled in China.

It comes after Samsung SDI and LG Chem both failed to meet the government’s standards for electric car batteries last year.

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Samsung targets European EV battery market with latest move

Wed, 09/07/2016 - 12:41 -- Paul Crompton
Samsung targets European EV battery market with latest move

Battery maker Samsung SDI has begun construction of its lithium-ion plant in Hungary to supply the European electric vehicle market.

The South Korean firm new facility in Hungary will enable it to establish a triangular production structure along with existing plants in Ulsan, Korea and Xian, China.

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China bus battery subsidy ban causes share slump for Korean suppliers

Wed, 02/03/2016 - 14:21 -- Paul Crompton
China bus battery subsidy ban causes share slump for Korean suppliers

Korean battery giants Samsung SDI and LG Chem saw shares slump by 10% and 7.1% respectively on news that Beijing will remove subsidies for nickel manganese cobalt (NMC) batteries for electric buses.

“There has not been enough safety verification or product development for new energy electric passenger vehicles,” said China’s Ministry of Equipment Industry Secretary Zhang Xiangmu, who added China had begun research into the chemistry late and could ‘not be sure’ about NMC batteries.

The decision has surprised some.

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Samsung buys cell material division of its chemical affiliate

Wed, 09/16/2015 - 10:42 -- Paul Crompton
Samsung buys cell material division of its chemical affiliate

Samsung’s battery-making arm Samsung SDI is set to buy the cell material division of its chemical affiliate to bolster competitiveness in the sector.

Samsung SDI will take over the cell material unit of Samsung Fine Chemicals on September 16 in a deal worth US$15.9 million.

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Now tell me something we don't know……

Thu, 06/18/2015 - 11:26 -- gerry@bestmag.co.uk
Now tell me something we don't know……

According to a new “Leaderboard report” from Navigant Research, LG Chem and Samsung SDI lead the Li-ion grid storage market in terms of strategy and execution.

"LG Chem and Samsung SDI, both based in South Korea, have market-leading businesses for the electric vehicle and consumer electronics markets, which has created a foundation allowing for economies of scale through manufacturing," says Anissa Dehamna, principle research analyst with Navigant Research. "Both companies have positioned themselves as global manufacturers and can offer consistently low prices for quality Li-ion cells."

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