EV Advanced Materials Investee ProLogium to Develop Next-Generation Batteries for Construction Equipment
EV Advanced Materials announced on May 9 that ProLogium, a Taiwanese solid-state battery company in which it has invested, has entered into a strategic partnership with Kyushu Electric Power of Japan.
The two companies will jointly develop a 24V LCB (lithium ceramic battery) module suitable for construction machinery applications and plan to unveil this technology together at CES 2026.
Vincent Yang, founder and chairman of ProLogium, emphasized, "The electrification of construction and heavy industries is urgent, and by collaborating with Kyushu Electric Power, we will contribute to building a sustainable, low-carbon future."
Meanwhile, ProLogium has gained recognition for its technology and has attracted investments from SoftBank, China Venture Capital, CRFM, and Mercedes-Benz. In South Korea, EV Advanced Materials and POSCO Holdings have also invested in the company.
According to the economic transition scenario by Bloomberg New Energy Finance, electric vehicles are expected to account for 81% of all cars sold in Europe by 2038. To meet this demand, solutions that reduce energy and production waste, lower carbon emissions, optimize process performance, and integrate battery recycling systems are projected to strengthen Europe's battery manufacturing value chain.
Solid-state batteries, regarded as the next-generation batteries for electric vehicles, are called so because they replace the internal electrolyte with a solid and eliminate the separator, thereby improving safety, enabling miniaturization, and increasing energy density.
Hot Picks Today
"Six Months After 'Mom's Touch Troublesome Woma...
- Popcorn Container Craze at Theaters Sparks Sell-Out Frenzy, Emerges as New Reven...
- "With This Certificate, Even Those in Their 60s Can Get Hired and Earn 3.69 Mill...
- Kang Hoon-sik Urges Enhanced Effectiveness of Mandatory Employment for People wi...
- Female Game Caster Makes Bold Move After Criticism Over "Short Skirt" on Broadca...
Meanwhile, EV Advanced Materials has Dynamic Design and SC Engineering, both listed on KOSPI, as its major subsidiaries.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.