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Industry

Isu Group marks 30th anniversary with AI, battery and bio push

Isu Group is accelerating expansion into future businesses on the back of improved performance at key affiliates, it said. The company held a 2026 integrated IR day on Aug. 18 to share first-half results and mid- to long-term growth strategies. Affiliates presented plans centered on AI high-performance hardware, battery materials and bio-healthcare. A group official said it aims for 6 trillion won in revenue and 600 billion won in operating profit by 2030.

Mobility

Geely validates 500 Wh/kg solid-state battery in road tests, plans pilot use in 2027

China\'s Geely Auto is accelerating development of next-generation solid-state batteries targeting energy density of up to 500 Wh/kg. It plans to conduct validation in real vehicles from 2026 and begin pilot application from 2027 for major brand models within Geely Holding. Geely aims for more than 1,000 km per charge and a battery life of up to 1 million km, but has not disclosed mass production timing or cost competitiveness.

Industry

Anthro Energy breaks ground on U.S. battery materials plant to pave way for all-solid-state batteries

U.S. battery materials company Anthro Energy has broken ground on an electrolyte production plant in Louisville, Kentucky, with annual capacity of 25 GWh. The company aims to supply materials for more than 300,000 electric vehicles and build a U.S. battery materials supply chain that reduces reliance on China. The plant targets a 2028 start-up. Federal and state support includes U.S. Department of Energy funding and tax credits, as well as Kentucky incentives tied to 110 permanent jobs.