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Industry

Battery data becomes shield as recourse claims open in EV fire compensation

South Korea began an \"EV Fire Peace-of-Mind Insurance\" scheme in July that compensates damage before the cause is determined. Policy terms allow insurers to seek recourse from vehicle owners or drivers, manufacturers including parts makers, importers, charging-facility owners or managers, or other liable third parties once fault is confirmed. Battery makers are excluded from insured parties and premiums, but can face claims if defects are found or if losses exceed coverage limits.

Industry

CATL unveils world\'s first demonstrated sodium-ion battery ESS, sets commercial supply timeline

CATL unveiled a sodium-ion battery-based energy storage system and provided a commercial supply timeline, marking a shift from research to large-scale deployment. The company introduced its Tener Sodium system in Munich and said it has secured technology, production capacity and supply chains. CATL plans first deliveries in China in September and aims to ship a cumulative 1 GWh by end-2026, with global supply starting in June 2027.

Industry

LG Energy Solution first global battery maker to top 100,000 patent applications

LG Energy Solution has become the first battery company to surpass 100,000 patent applications globally, the company said on Saturday. As of last month, it had about 59,000 registered patents and more than 100,000 patent applications. It said it invested 1.33 trillion won in R&D last year after first exceeding 1 trillion won in annual R&D spending in 2023, and cited patents spanning materials, electrode design, cells, packs, BMS and manufacturing.