South Korea’s SK Innovation has pledged to bring new “NCM9” battery tech to market as it ramps up global battery production from the current 5GWh to 100GWh per annum by 2025.
Company CEO and president Kim Jun (pictured) told a news conference in Seoul the new technology would contain nickel, cobalt and manganese at a ratio of 90%, 5% and 5% respectively and a cathode with an energy density of “at least 670Wh/litre”.
