Search results for SNE Research
Industry
Korean battery makers\' earnings outlook clouds as ESS demand rises beyond EV sales
The earnings outlook for South Korea’s three major battery makers has become harder to gauge as demand expands beyond electric vehicles, the industry says. Power shortages linked to the build-out of AI data centres are boosting demand for energy storage systems, drawing U.S. production lines toward ESS. While U.S. EV battery shipments fell in June, ESS installations surged. Companies are reallocating capacity and funding to ESS, though challenges remain in scaling lithium iron phosphate output.
Industry
EU battery label, QR mandate nears as Korean battery makers face supplier verification test
EU Battery Regulation requirements are entering an implementation phase as the shipment gap between South Korea’s top three battery makers and CATL widens in Europe. From Aug. 18, exporters to the EU must provide a general information label and QR code with details such as manufacturer data, plant location, weight, capacity and hazardous substances. Requirements will expand to carbon footprint grades, supply-chain due diligence, recycled content documents and battery passports, increasing compliance burdens on materials and parts suppliers.
Industry
Tighter battery safety standards spark sodium era; Korea should join standardisation
China has introduced tougher electric-vehicle battery safety rules that the industry says are difficult to meet with existing lithium-ion technology, boosting attention on sodium-ion batteries as a faster-to-commercialise alternative. The rules require no fire or explosion even during thermal runaway and tighten tests for heat spread and impacts. Demand for sodium-ion batteries is forecast to rise sharply, led by China’s push on transport rules and international standards.
