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Additionally, the company also makes battery materials [9] and specialty chemicals. [10] Tinci Materials stepped into the lithium battery electrolyte industry in 2002. [11] In 2011, it became a supplier to Procter & Gamble. [12] The company went public on the Shenzhen Stock Exchange on January 23, 2014, [13] with the stock symbol "002709.SZ". [14]
LG Chem's battery business officially became a separate company and changed its name to LG Energy Solution Ltd. in December 2020. [4] It subsequently undertook an IPO process to secure funds in order to increase its battery production capacity and debuted on the Korea Exchange in January 2022.
A lithium-ion or Li-ion battery is a type of rechargeable battery that uses the reversible intercalation of Li + ions into electronically conducting solids to store energy. In comparison with other commercial rechargeable batteries, Li-ion batteries are characterized by higher specific energy, higher energy density, higher energy efficiency, a longer cycle life, and a longer calendar life.
On Thursday, Volkswagen Group’s battery company PowerCo and QuantumScape Corp (NASDAQ:QS) have agreed to industrialize QuantumScape’s next-generation solid-state lithium-metal battery technology.
The history of E-One Moli Energy goes back to Moli Energy Ltd., the Canadian pioneer of rechargeable lithium battery technology, founded in 1977 in the Greater Vancouver suburb of Burnaby. [5] Moli Energy went into receivership after a cell phone battery produced by the company caught fire in 1989, resulting in its sales being halted and tens ...
Ensurge designs, develops, and produces solid-state lithium battery (SSLB) products using roll-to-roll printing technology on stainless steel substrates. Ensurge announced an updated corporate strategy based on SSLB products in January 2020, when it was known as Thin Film Electronics ASA. [ 1 ]
(Reuters) -General Motors Co has expanded the recall of its Chevrolet Bolt electric vehicles due to a risk of fire from the pouch-type lithium-ion battery cells made by South Korea's LG. The ...
The global battery electrolyte market size was valued at USD 11.70 billion in 2024 and is expected to reach from USD 13.07 billion in 2025 to USD 31.65 billion by 2033, growing at a CAGR of 11.69% during the forecast period (2025–2033).