[Asia Economy Reporter Jang Hyowon] EV Advanced Materials announced on the 23rd that Prologium Technology (hereinafter Prologium), invested in by EV Advanced Materials, is expected to see an increase in corporate value following the announcement of new executive appointments and future strategic plans.


Prologium revealed through foreign media on the 22nd that it appointed Gilles Normand, formerly of Renault, as Vice President of International Development to respond to the rapid growth of the electric vehicle market and to expand global market penetration through strategic partnerships.


Vice President Normand, newly appointed this time, is expected to leverage his 35 years of business development experience and market expansion expertise at Renault to undertake strategic initiatives aimed at expanding Prologium's global influence. The company explained that with Normand’s joining, business innovation is anticipated, which will also lead to an increase in corporate value.


An EV Advanced Materials official stated, "Prologium is strengthening its business by pursuing strategic initiatives both internally and externally, so we expect the corporate value to be further maximized in the future," adding, "As Prologium is growing thanks to the expansion of the global electric vehicle market, we anticipate realizing investment returns."


He continued, "Based on our business capabilities in PCB, transparent displays, and PCBs for electric vehicles, we will do our best to achieve mutual growth through collaboration in all-solid-state battery development."



Meanwhile, Prologium Technology has recently been strengthening strategic partnerships by continuing all-solid-state battery development collaborations with companies such as Mercedes-Benz and Gogoro.


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

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