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Industry and Energy

Korea invests to protect EV battery makers in trade spat with Japan

Thu, 08/08/2019 - 10:27 -- John Shepherd
Korea invests to protect EV battery makers in trade spat with Japan

South Korea has confirmed plans to invest about 7.8 trillion won (US$6.5 billion) in supporting the country’s battery sector and other key domestic industries in a trade row with Japan.

South Korea said it would boost “self-sufficiency” for 100 key components, materials and equipment items such as semiconductors used in battery packs for electric vehicles— aiming to ease the country’s dependency on other nations.

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Cause of ESS fires in South Korea ‘still unknown’

Fri, 05/03/2019 - 10:37 -- John Shepherd
Cause of ESS fires in South Korea ‘still unknown’

South Korea’s government said investigators need more time to discover the cause of a series of energy storage system (ESS) fires— and a temporary manufacturing ban continues for several manufacturers.

More than 20 ESS units across the country went up in flames over the past year, the Ministry of Trade, Industry and Energy (Motie) has confirmed.

The government asked public institutions, large multi-purpose facilities and domestic ESS users to stop using their devices as a temporary safety measure.

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