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In Nov 2022, the price of lithium carbonate rose to 500,000 yuan (about KRW 91,245,000) per ton due to shortage in supply. With such unprecedented price of lithium carbonate, CATL even offered lithium carbonate rebate of 200,000yuan (about KRW 36.5 million) per ton to electric vehicle OEMs.  However, the price of lithium carbonate began to fall as news has been spreading of China's reduced electric vehicle subsidies and increased inventory in battery manufacturers, and plunged to

2023.08.11

< 2023>Development Trends and Market Outlook for Cobalt-free Cathodes for Lithium Secondary BatteriesLithium rechargeable batteries began to be applied to electric vehicles (EVs) around 2010, and now, in what can be described as an "electric vehicle revolution," the EV industry is exploding around the world, and the market for lithium rechargeable batteries is growing rapidly. Unlike other lithium secondary battery materials, cathode materials use expensive metals such as Ni and Co, w

2023.06.29

Outlook for Battery Separator Market (2020~2030)​-Future of Separator​ Since the advent of the electric vehicle era, there have been many articles about mineral prices. Changes in market prices of minerals such as lithium, cobalt, and nickel began to have news value as they directly affect the prices of secondary batteries for EVs. Lithium is an indispensable material for cathode material and electrolyte, and cobalt and nickel are major components of the ternary cathode material.

2023.06.27

<2023>  LIB Manufacturing Equipment Development Status and Mid/Long-term Outlook (~2030)Recently, as the global lithium-ion secondary battery market is expanding, production of secondary battery manufacturers is rapidly increasing. And as a result, the demand for secondary battery manufacturing equipment is also increasing. It is judged that success in this exploding lithium-ion secondary battery market depends on how one ensures market share by supplying products in a timely manner.

2023.05.30

   <2023 Edition> Battery Module Pack Material Technology Trend and Market Outlook   According to SNE Research, a market research firm specializing in secondary batteries and electric vehicles, the global EV market (BEV+PHEV) is expected to grow at an annual average of 21% from about 10 million units in 2022 to about 50 million units in 2030. Therefore, thanks to the growth of the battery market, the battery pack market will also grow high by 2030, and the s

2023.05.12

<2023> Oxide-based Solid-state Battery Technology Trends and Market Outlook (Analysis of major company development trends and manufacturing technologies) The performance of lithium-ion batteries (LIBs) has improved dramatically, especially in energy density, due to continuous technology development driven by the explosive demand for new electronics and electric vehicles. However, high energy density also poses the risk of fire or explosion, and explosive reactions can occur due t

2023.05.04

 <2023.1H> Global Car OEM Battery Supply and Demand Outlook (~2035)​  ‘Alliance and merge’ is an expression to describe the current situation in rapidly-changing car market where OEMs have been trying to look for a way to survive by cooperating with their competitors.  In the supply chain of electric vehicles, alliance and merge has been accelerated. GM from the US, which has kept a close relationship with LG Energy Solution, newly established a joint vent

2023.04.17

<2023> Mitigation/ Prediction/ Diagnosis of Battery Degradation, Technology Status and Related Companies    Battery degradation is the root cause of performance degradation of batteries. High-capacity and high-power batteries in particular require deep understanding about the degradation because its performance gets worse due to severe degradation.   Currently, concerning the degradation, development of diagnosis technology for waste batteries and fast char

2023.03.27

<2023.1H> Global xEV Market and Battery Supply & Demand Outlook (~2035)* DB available upon purchase "Battery War" Some of you may have heard of the word, ‘Battery War,’ from media. Smartphones that are literally ubiquitous these days also have battery inside, but with the advent of electric vehicles in this era, battery has become the center of the war. Intensive national policies for electric vehicles implemented by countries around the world can be pointed out as o

2023.03.17

<2023.1H> Global xEV Market and Battery Supply & Demand Outlook (~2035)* DB available upon purchase   "Battery War"  Some of you may have heard of the word, ‘Battery War,’ from media. Smartphones that are literally ubiquitous these days also have battery inside, but with the advent of electric vehicles in this era, battery has become the center of the war.   Intensive national policies for electric vehicles implemented by countries around the world can

2023.03.17