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EcoPro Marks 28th Anniversary
EcoPro founder predicts ternary batteries will expand beyond electric vehicles as company celebrates 28th anniversary.
In brief
EcoPro founder predicts ternary batteries will expand beyond electric vehicles as company celebrates 28th anniversary. EcoPro founder Lee Dong-chae says ternary batteries will open opportunities in robots, AI and next-generation mobility beyond electric vehicles. Originally reported by BigGo Finance.
EcoPro celebrates 28th anniversary
EcoPro held a ceremony marking its 28th anniversary at its Pohang campus in North Gyeongsang Province.
Founder predicts ternary battery growth
Founder Lee Dong-chae said demand for high-energy-density batteries will grow beyond electric vehicles to robots, AI and next-generation mobility.
Ternary batteries for high-performance applications
Ternary batteries use nickel, cobalt and manganese to achieve high energy density for electric vehicles.
Investment in closed-loop system
EcoPro invested 3.3 trillion won (approximately $2.5 billion) since 2017 to build a closed-loop system linking precursors, cathode materials and recycling.
Founder urges cost and quality improvements
Founder urged employees to sharpen technology, raise quality competitiveness and lower costs during the downturn.
EcoPro's growth strategy
EcoPro started in 1998 with one employee and 100 million won (approximately $76,000) in capital.
The headline
EcoPro founder Lee Dong-chae says ternary batteries will open opportunities in robots, AI and next-generation mobility beyond electric vehicles.
