News
Ecopro Innovation Signs First Lithium Hydroxide Supply Deal With Global Automaker
7+ hour, 26+ min ago (331+ words) Ecopro Innovation said it signed a lithium hydroxide supply agreement with a global automaker, marking its first direct contract with an automotive original equipment manufacturer (OEM). The company said it will supply 12, 000 tons of lithium hydroxide over four years, enough…...
Powerwell Corporation Expands From Semiconductors to Batteries With Employee-Driven Culture
7+ hour, 25+ min ago (319+ words) Now, 27 years later, the global semiconductor industry is in the midst of another supercycle. Throughout multiple industry downturns, Powerwell established firm roots in the semiconductor sector and has since expanded into new businesses, proving founder and CEO Kang Chang-soo's judgment…...
JR Energy Solution Partners With Factorial on Solid-State Drone Batteries
7+ hour, 26+ min ago (502+ words) JRES (JR Energy Solution) said it signed a cooperation agreement with U. S. solid-state battery company Factorial Energy to commercialize next-generation batteries for drones. Solid-state batteries are considered a potential game changer for the drone industry because they can offer up to…...
Climate Minister Visits Energy11 to Review Next-Generation ESS Technology
2+ day, 9+ hour ago (147+ words) thelec. net South Korea's minister of Climate, Energy and Environment visited Nine Tech subsidiary Energy11 to review next-generation energy storage system (ESS) technologies. Nine Tech said Climate, Energy and Environment Minister Kim Sung-hwan visited Energy11 on May 18 to inspect development progress for…...
Hanwha Solutions Expects About 1 Trillion Won in U. S. Solar Tax Credits This Year
2+ day, 9+ hour ago (252+ words) Hanwha Solutions expects to receive about 1 trillion won this year through U. S. Advanced Manufacturing Production Credits (AMPC). The company said it recently sold approximately $130 million worth of AMPC credits received last year, equivalent to about 200 billion won. Hanwha Solutions also plans…...
Hanwha Qcells to Supply Modules for South Korea's Largest 400 MW Solar Project
2+ day, 9+ hour ago (208+ words) Hanwha Qcells will supply domestically manufactured solar modules for South Korea's largest solar power generation project. Hanwha Qcells said it will supply solar cells and modules for a 400-megawatt (MW) solar power project being developed by Korea South-East Power in…...
LG Energy Solution, Honda Launch Electric Two-Wheeler Battery Swapping Pilot in Vietnam
4+ day, 9+ hour ago (251+ words) LG Energy Solution, Honda Motor and the city of Hanoi are partnering on an electric two-wheeler battery swapping project in Vietnam. LG Energy Solution said on May 19 that it signed a memorandum of understanding (MOU) with Honda and the Hanoi…...
MOT Wins 39. 95 Billion Won Battery Assembly Equipment Order
4+ day, 21+ hour ago (437+ words) thelec. net MOT has secured a 39. 95 billion won battery assembly equipment supply contract, adding to growing demand for next-generation battery manufacturing systems. The company disclosed on May 18 that the contract will run through March 1, 2027. The order value is equivalent to…...
LG Energy Solution Moves to Secure Core LMR Battery Patents
4+ day, 21+ hour ago (229+ words) The company said on May 18 that it held its 2026 "Inventor King and Patent King Awards" ceremony at its Park One headquarters in Yeouido, Seoul, recognizing 12 employees for outstanding research and intellectual property achievements. The top "Inventor King" award was presented…...
TMAP Mobility Launches Real-Time Road Condition Sharing Feature 'Social Reports"
1+ week, 1+ day ago (289+ words) TMAP Mobility launched a new real-time road information sharing feature called "Social Reports," allowing drivers to directly report accidents, road closures and other traffic conditions to nearby users. The "Social Reports" feature enables drivers to share road conditions in real…...