Eumseong-gun, Chungcheongbuk-do
Manufactures silicon-dominant cathode and anode electrodes using Enevate’s technology for up to 10× faster charging, high energy density, and enhanced safety. Facilities employ advanced coating, precise material handling, quality control, and testing, with 500 MWh annual capacity aiming for 2 GWh by 2025. Technology offers improved low-temperature performance for EV applications.
Customized lithium-ion battery cathode and anode electrodes with silicon-dominant chemistry, featuring fast charge rates, high energy density, enhanced safety; production capacity of 500 MWh (expanding to 2 GWh).
2024: Began constructing a manufacturing facility at Yongsan Industrial Complex, Eumseong (₩40 billion). Plans ₩305.6 billion total investment by 2027. Partnering with Enevate to establish US commercial-scale electrode manufacturing.
Korea & Company invested ₩9B for a 15.2% stake. Hankook & Co. invested $6.5M for a 15.2% stake.