Posco Chemical to expand EV footprint


FILE PHOTO: The logo of POSCO is seen at the company's headquarters in Seoul

SEOUL: Posco Chemical will supply cathodes and anodes, two crucial components of electric vehicle (EV) batteries, to Norwegian battery manufacturer Morrow Batteries, accelerating its push to expand its footprint in the European market.

According to the refractory and secondary battery materials arm of South Korean steel giant Posco, the cathodes and anodes will go inside the batteries to be mass-produced by Morrow Batteries starting 2024, as part of an agreement signed by the two firms.

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Posco Chemical , EVs , Morrow Batteries

   

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