SK Innovation’s Post

🔋 Korea Announces Initiatives to Boost Spent Battery Industry   On July 10th, the South Korean government announced measures to develop laws, systems, and infrastructure for the spent battery industry. With more than 100,000 spent batteries expected to be discarded annually by 2030, the government plans to establish an integrated management system for these batteries, support the creation of new markets for remanufacturing and reuse, and respond to trade regulations such as the EU's Battery Directive.   The government enacts a unified law for this purpose and introduces a battery lifecycle management system, a certification system for recycled materials, and performance evaluations for electric vehicle batteries before disassembly. Additionally, the government plans to establish this system by 2027 to ensure the safety and fairness of the related industries. 👉 If you have any inquiries or need information regarding Korean KC certification, please visit the website www.gca-global.com #GCA #GCAKOREA #SouthKoreaTypeapproval #KoreaCertification #KC #KCMark #KCcertification #KoreanStandards #KoreanCompliance #KoreanNews #ElectricVehicle #EV #Battery

🔋 Korea Announces Initiatives to Boost Spent Battery Industry On July 10th, the South Korean government announced measures to develop laws, systems, and infrastructure for the spent battery industry. With more than 100,000 spent batteries expected to be discarded annually by 2030, the government plans to establish an integrated management system for these batteries, support the creation of new markets for remanufacturing and reuse, and respond to trade regulations such as the EU's Battery Directive. The government enacts a unified law for this purpose and introduces a battery lifecycle management system, a certification system for recycled materials, and performance evaluations for electric vehicle batteries before disassembly. Additionally, the government plans to establish this system by 2027 to ensure the safety and fairness of the related industries. 👉 If you have any inquiries or need information regarding Korean KC certification, please visit the website www.gca-global.com #GCA #GCAKOREA #SouthKoreaTypeapproval #KoreaCertification #KC #KCMark #KCcertification #KoreanStandards #KoreanCompliance #KoreanNews #ElectricVehicle #EV #Battery

Key Takeaway from Bob's Video which is also aligned with the recent CATL CEO's interview with the Norwegian Investment Bank. ⛏️ China's Strategic Supply: China established a strong raw materials processing infrastructure, initially driven by its consumer electronics industry. This foundation has positioned China as a leader in EV battery production. For the West to remain competitive, speeding up raw materials processing is essential, working in scaling recycling and AM generation to reduce dependency on extraction gradually 🔁 Speed, Quality & Cost Trio: To catch up, Western countries must focus on producing battery materials that are cheaper, higher in quality, and faster to manufacture. Innovations that minimize contamination, improve performance, and reduce costs will be crucial to closing the gap. 🔬 Future Battery Chemistries: LFP/LMFP will continue to be the core driver of low cost, with a potential revival of nickel manganese cobalt NMC. Still a long Journey for the Solid State. While sodium-ion batteries present a more eco-friendly and cost-effective alternative, Scaling it is still ongoing and at the same time LFP prices keep going down. 📖Education & Apprenticeship: China's success can be attributed in part to its focus on workforce education and the rapid scaling of manufacturing technologies. Developing a skilled workforce across the supply chain will be crucial for global competitiveness. Also it is important to listen to the experts and not just park their opinions aside. 🔄 The whole Value Chain needs to work hand in hand : From Mining, Supply chain, Manufacturing, Recycling, Governmental Subsidies, Education, Energy Supply and Pricing Stability, Real Estate and Accomodation, Talent development and University Partnership, Supplier Clustering...

In our last OIA edition, we touched on Samsung Electronics' class action woes in Thailand. This week, we're covering yet another Samsung arm involving patent infringement proceedings that Steelhead LNG, a Vancouver-based developer, has initiated against Cedar LNG and Samsung Heavy Industries in South Korea. 🍿 𝐖𝐡𝐚𝐭 𝐇𝐚𝐩𝐩𝐞𝐧𝐞𝐝? The lawsuit, filed with the Seoul Central District Court, alleges that Cedar LNG and Samsung Heavy's activities infringe on Steelhead LNG's Korean patent. At issue is the construction of Cedar LNG's floating LNG export facility in Kitimat, British Columbia, which Samsung Heavy was contracted to build alongside Black & Veatch. Steelhead LNG's patent covers a novel approach to LNG export facilities, incorporating electric drive compressors, air cooling modules, and integrated storage. The company claims this technology achieves substantial carbon emission reductions and mitigates environmental impacts associated with traditional cooling water systems. The legal action seeks to halt the construction of Cedar LNG's facility, secure damages for unauthorised patent use, and obtain an injunction against further infringement. Steelhead LNG's president, Victor Ojeda, stated that the lawsuit became necessary after multi-year efforts to resolve the dispute amicably were unsuccessful. 👀 𝐇𝐦𝐦 Will this influence technology transfers and collaborations will unfold among global energy players in the future? Only time will tell. ** 🤫 To read the latest OIA edition: https://lnkd.in/g8VRE4qR 🤫 And if you like what you're reading, subscribe to Overheard in Asia to get the latest APAC disputes & arbitration news every 2 weeks in 3 minutes! -https://lnkd.in/gHFG4gvh #arbitration #lawyer #legal #disputeresolution

Fantastic to have the opportunity to chat with the excellent Cormac O'Laoire, PhD on this episode on EV battery cathode chemistry. If you ever wonder what is behind NMC 811, 622, 532, LFP, LMFP this episode might be for you. My key takeaway from the conversation: don't try to optimise too much the cathode chemistry, just build a gigafactory relying on existing chemistries which work (NMC, LFP). Scale first then optimise. Listen below 👇

It’s not just China… “Our results thus suggest that because individual countries and trade blocs can dominate multiple stages of the supply chain, reducing battery supply chain risks (or strengthening networks of trade between friendly nations) requires understanding and addressing not just immediate but secondary and tertiary vulnerability.” #supplychain

🚀 Exciting News! 🌟 On May 29, the results of the 2024 Fortune China's Future Globalization Stars were officially announced. As a leading provider of intelligent manufacturing solutions for new energy, LEAD made it onto the "New Energy" list, becoming the only lithium battery intelligent equipment manufacturing company in China to be recognized. #LEADIntelligent #FortuneChina #NewEnergy #GlobalizationStars #IntelligentManufacturing #Innovation #LithiumBattery #CleanEnergy 🌍✨

As Xinde Marine Forum Singapore 2024 comes to a close a week ago, we are pleased to annouce that our Green Shipping Forum 2024 will be held on 30th May in Dalian, China. Green Shipping Forum 2024 aims to promote exchanges among the shipping industry, shipbuilding and the marine fuel industry and other stakeholders, build a platform for cross-industry cooperation, and jointly explore the solutions to green transition of the shipping industry, with a view to achieving a stable, reliable and economical transition in the context of decarbonization in the shipping industry. Find more info about the forum at https://lnkd.in/gkUnFdSK. More details are coming soon. #green #shipping #forum #transition #investment #fuel #industry #decarbonization #marine #shipbuilding #regulations #reduction #GHG #methanol #hydrogen #ammonia #alternative #biofuel #market #supply #technology #China

🔋In China, battery manufacturers are now required to spend billions of dollars on R&D annually! Chinese manufacturers, making significant strides in lithium-ion battery technology, are now compelled by the government to allocate funds for research and development to ensure they don't solely focus on production. According to the new regulations issued by China's Ministry of Industry and Information Technology, lithium-ion battery manufacturers in the country must now spend more than 3% of their main revenue on R&D each year. Global giant CATL reported operating income of around $55 billion in 2023. With the new regulations, R&D spending in the following year should exceed $1.5 billion. The government aims to prevent companies solely focused on increasing capacity through production from neglecting technology investments.