"Specialized Technology Maximizing Battery Performance... 5 Patents Secured"

BMS Small Electric Vehicle Battery Pack Recognized for Technology, Exported to Germany and Japan
Developed Large Battery Pack for Buses, Leveraging Know-How to Target Global Market
Ambitious Sales Goal of 15 Billion Won This Year

Kang Seong-seok, CEO of TS60s, posing with KST Electric's 'MAIV,' supported for technology development. MAIV is a representative domestic compact electric vehicle (2-seater) equipped with the TS60s battery pack.

[Asia Economy Reporter Kim Jong-hwa] As battery technology advances, the essential technology that must accompany it is the BMS (Battery Management System). No matter how good a battery is, if power is not supplied timely from the cell or if power leaks outside the battery causing electric shock, the battery cannot be used.

The device that appropriately supplies power from the cell to the drive motor and controls and regulates how much remaining power there is is the BMS. It is an IT device that controls chemical batteries to be used safely at their maximum performance. The company that succeeded in the domestic small electric vehicle market with this BMS technology is ‘TS60s’.

TS60s supplies battery packs equipped with BMS for small electric vehicles to domestic and overseas automobile companies, railroads (KTX, ITX, Metro), SKT base stations, special vehicles (indoor cleaning vehicles, meal delivery vehicles), forklifts, and golf cart manufacturers. Since its founding in 2008, it has focused on technology development with investment and support from the Credit Guarantee Fund and the Small and Medium Business Technology Information Promotion Agency, acquiring five patents, and has been recognized for its technological prowess by exporting battery packs to Germany and Japan.

It recorded sales of 2.6 billion KRW in 2017, 4.8 billion KRW in 2018, and 8 billion KRW in 2019, nearly doubling every year, but sales slowed to 6 billion KRW last year. The major reason was the postponement of the ‘two-seater ultra-small electric vehicle introduction project for postal workers’ promoted by the Korea Post, due to COVID-19, which resulted in the failure to supply battery packs for 1,000 units.

Kang Seong-seok, CEO of TS60s, said, "Although we slowed down due to COVID-19, it was a valuable experience," adding, "Thanks to working harder, we have gained momentum again since early this year, including entering the Southeast Asian market."

In Korea, it is rare to find a company that does not use TS60s’ battery packs. Most domestic small electric vehicles are equipped with this company’s battery packs, including KST Electric’s ‘Myb’, Daechang Motors’ ‘Danigo’, Masta Motors’ ‘Masta Van’, Semisysco’s ‘D2C’, Camsys’ ‘PM100’, Doosan Heavy Industries’ ‘AGV (forklift)’, various golf carts from Kaioti Golf, and autonomous vehicles under development by the government.

CEO Kang stated, "The lithium battery market is dominated globally by Korea, China, and Japan, but Korea holds a technological advantage. We will be number one in Korea and dominate the global market," expressing confidence that "the know-how accumulated so far will be fully applicable in the global market."

Recently, TS60s has stopped producing low-profit mobile phone battery packs and started developing large battery packs for buses. This decision is based on the judgment that there is potential not only in the small vehicle market but also in the large vehicle market. The sales target for this year is 15 billion KRW. A variable in achieving this goal is automotive semiconductors. The increasing number of automobile companies halting operations due to the inability to receive parts amid the global raw material crisis poses a challenge.

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