Hyundai and Kia push for advanced EV battery tech

SEOUL: Hyundai Motor Company and its affiliate Kia Corporation are accelerating efforts to improve the competitiveness of electric vehicle (EV) batteries.

They said last week that they are working on a new project focused on developing lithium iron phosphate (LFP) battery cathode material.

The project is a collaboration with Hyundai Steel and EcoPro BM, a leader in the battery materials market.

Supported by South Korea's Ministry of Trade, Industry, and Energy, the initiative is part of a broader push to advance LFP battery technology over the next four years.

The goal of the project is to produce LFP cathode materials using a direct synthesis process.

This method combines phosphate, iron powder, and lithium without first creating a precursor, which is traditionally used in battery production.

By eliminating the precursor stage, the process reduces harmful emissions and lowers production costs.

The technique also aims to make the battery-making process more environmentally friendly and cost-effective.

To ensure success, Hyundai Motor and Kia will work with Hyundai Steel to develop high-purity iron powder from recycled domestic iron.

This iron will then be used by EcoPro BM to create the LFP cathode material.

The end result is expected to be a battery that offers fast charging capabilities and strong performance in low temperatures.

Earlier in 2024, Hyundai and Kia announced plans to enhance EV battery performance, safety, and cost-efficiency as part of their long-term strategies.