EV Gold Rush – GM, Posco to Build New Plant

Lithium Ion Battery 101 – Courtesy of Posco Chemical

Ken Zino of AutoInformed.com on EV Batteries - GM and Glencore Deal on Cobalt

Batteries work through an electrochemical reaction involving lithium(Li) ions that flow back and forth from the positive pole (+) to the negative pole (-) to generate electricity. They can be recharged and reused multiple times. They are used to power mobility including EVs, IT devices and diverse home appliances. Batteries consist of four elements: cathodes, anodes, electrolytes, and separator. POSCO Chemical produces essential materials used in batteries — cathodes and anodes. POSCO Chemical aspires to “becoming a frontrunner in the global market by expanding production capacity, completing our value chain for raw materials, and conducting R&D in next-generation technologies as a sole producer of both cathodes and anodes in Korea based on in-depth research.”

Batteries work through an electrochemical reaction involving lithium(Li) ions that flow back and forth from the positive pole (+) to the negative pole (-) to generate electricity. They can be recharged and reused multiple times. They are used to power mobility including EVs, IT devices and diverse home appliances. Batteries consist of four elements: cathodes, anodes, electrolytes, and separator. POSCO Chemical produces essential materials used in batteries — cathodes and anodes. POSCO Chemical aspires to “becoming a frontrunner in the global market by expanding production capacity, completing our value chain for raw materials, and conducting R&D in next-generation technologies as a sole producer of both cathodes and anodes in Korea based on in-depth research.”

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