All data are based on the daily closing price as of December 20, 2024

Aekyungchemical Leads in Sodium-Ion Battery Technology with New Anode Material

South Korea's Aekyungchemical sets a new standard in battery technology, gearing up for mass production of advanced sodium-ion batteries
South Korea
a 161000.KO Mid and Small Cap 2000
Share this on

Aekyungchemical Co. of South Korea has made a significant breakthrough by developing a high-performance hard carbon material that serves as the main anode material for sodium-ion batteries (SIBs). Announced on Wednesday, this development places Aekyungchemical at the forefront of the next generation of battery technologies, with the product achieving a discharge capacity of 300 mAh/g and an efficiency exceeding 90%, aligning with global standards.

Sodium-ion batteries are gaining traction as a potential and viable alternative to the widely used lithium-ion batteries, primarily due to their cost-effectiveness and reduced environmental impact. These characteristics make SIBs an attractive option for various applications, from consumer electronics to larger-scale energy storage solutions.

Aekyungchemical has a pioneering history in this sector, being the first company in South Korea to develop and commence mass production of hard carbon anode materials for secondary batteries since 2012. The company’s recent advancements and preparation for large-scale manufacturing signify its readiness to meet the growing global demand for more sustainable battery options.

This innovation not only highlights Aekyungchemical’s leadership in the industry but also underscores the broader shift towards more sustainable energy solutions in global markets. As the demand for eco-friendly technologies continues to rise, Aekyungchemical’s position in the market looks increasingly promising.

Share this on
Jakota Newsletter

Stay ahead in the JAKOTA stock markets with our roundup of vital insights

Icon scroll to top