LS Cable & System Supplies Large-Capacity Power System to Canadian Battery Factory
Supply of 'Busduct' to Nextstar Energy Factory
LS Cable & System announced on the 24th that it will supply a large-capacity power distribution system, 'busduct,' to NextStar Energy's battery factory in Canada.
NextStar Energy is an electric vehicle (EV) battery joint venture between LG Energy Solution and Stellantis, currently constructing a large-scale factory in Windsor, Ontario.
Busduct is a system that supplies power by placing plate-type conductors inside a metal case. It is assembled for installation, making it easier to install and move than cables, and can reduce power consumption by more than 30%.
LS Cable & System stated, "The North American market is rapidly growing due to the construction of large-scale EV, battery, semiconductor factories, and data centers," adding, "We expect North American busduct sales to reach $100 million annually by 2030."
Busduct is expected to experience high growth especially as the development of artificial intelligence (AI) industry expands data center construction. It efficiently manages power supply for high-power equipment like data centers, supporting stable AI operations.
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Based on its technology, which holds the number one market share in the domestic market, LS Cable & System plans to actively target the global market through existing LS Eco Energy's factory in Vietnam and a new factory in Mexico.
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