HiSonic Conducts On-site Inspection of Global Top-tier Cell Maker Osan Plant... "Vendor Registration Will Be Successful"

HiSonic announced on the 24th that a global cell maker recently completed the Phase 1 setup and visited the Osan factory to conduct an on-site inspection for product supply. The two parties have been in discussions for several months. Since this inspection was also completed without any issues, the vendor registration is expected to proceed smoothly. Once the vendor registration is completed, HiSonic will secure the global cell maker as a key client.

The global cell maker undergoing vendor registration is a secondary battery specialist company established in 2007, focusing on electric vehicles and ESS. Its major clients include Japanese global automakers as well as German premium automakers. The company operates battery production facilities and specialized research and development (R&D) centers in major countries worldwide, including the United States, Europe, Japan, and China.

This company is expanding its production capacity further due to strengthened global regulations such as the U.S. Inflation Reduction Act (IRA) and the European Critical Raw Materials Act (CRMA). It plans to increase battery production capacity to 400GWh, which is enough to supply 6 million electric vehicles.

A HiSonic representative stated, “We made every effort to prepare for this inspection to achieve results in the new business as quickly as possible,” and added, “During the inspection, we received positive evaluations from the global cell maker regarding our products and production facilities.”

He continued, “Since the implementation of the IRA, the company has been taking a more aggressive approach to its U.S. business,” and added, “If registered as an official supplier, it is expected that significant sales growth will be possible.”

HiSonic is conducting its secondary battery business focusing on safety-maximizing components and manufacturing equipment for prismatic batteries. These components are equipped with safety devices such as gas release mechanisms to prevent battery explosions and fires and to enhance durability.

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