Employees of Doosan Solus' Hungary copper foil plant are taking a commemorative photo to celebrate the shipment of the first mass-produced products.

Employees of Doosan Solus' Hungary copper foil plant are taking a commemorative photo to celebrate the shipment of the first mass-produced products.

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[Asia Economy Reporter Changhwan Lee] Doosan Solus announced on the 20th that it has successfully shipped its first battery copper foil for electric vehicle batteries from its plant in Hungary.


Doosan Solus began supplying pilot production samples in April and, after seven months, passed all quality evaluations and certifications from global battery customers, officially starting the supply of battery copper foil.


Doosan Solus, which established the only battery copper foil production base in Europe, signed long-term supply contracts for about 80% of the annual production volume of 10,000 tons with global battery manufacturers even before the completion of its first plant.


The first plant in Hungary utilized the world's first battery copper foil development technology and production know-how owned by Circuit Foil Luxembourg (CFL), a subsidiary of Doosan Solus, to produce high-quality battery copper foil.


A Doosan Solus official stated, "We have proven our technological capability and competitiveness by meeting the high standards of global battery customers in a short period and successfully shipping mass production." He added, "We will continue stable growth by strengthening synergy with existing customers and acquiring new ones."


According to market research firm SNE Research, global demand for battery copper foil is expected to exceed supply, with demand reaching 510,000 tons and supply at 500,000 tons starting from 2022.



In particular, due to the explosive growth of the electric vehicle market, Europe is expected to face severe shortages of battery copper foil. Doosan Solus plans to actively target the European market by expanding its second plant in Hungary to an annual capacity of 15,000 tons and achieving a production capacity of 75,000 tons annually by 2025.


This content was produced with the assistance of AI translation services.

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