LS Mtron Rises as a Leading Injection Molding Partner in the Battery Industry, Especially for Secondary Batteries!

Maximize innovative synergy in the battery industry, especially in secondary batteries, through collaboration with LS Group!

LS Group affiliates have recently achieved significant advancements in the global battery industry. Companies such as LS Industrial Systems and LS Cable have presented innovative technologies and solutions at major battery-related exhibitions both domestically and internationally, including the 'K-Battery Show' and 'The Battery Show.' Notably, LS Mtron Co. Ltd.(LS Mtron) has emerged as a key player in the industry a key partner by enhancing the efficiency of battery manufacturing processes through its crucial injection molding technology.

After successfully concluding NPE2024 – The Plastics Show,(NPE 2024) LS Mtron has paved the way for new horizons with its smart injection molding solutions tailored to various industries, including automotive, home appliances, electronics, logistics, and packaging. Attendees were highly impressed by LS Mtron’s profound understanding of customer needs and its unmatched expertise in injection molding, strengthening the company’s trust and reputation in the market. This solidifies its position as a global leader and embodies the concept of "made for molders by molders."

■ LS Mtron Solidifies its Position as a Leading Injection Molding Partner in the Rapidly Expanding Global Battery Industry, Including Secondary Batteries!

Secondary batteries, which can be recharged for semi-permanent use, are gaining increasing attention as eco-friendly energy solutions as eco-friendly components. These batteries generate electricity through oxidation-reduction reactions between the positive and negative electrodes, allowing for repeated use.

Secondary batteries are essential components in electronic devices like laptops, cell phones, camcorders, and electric vehicles. They are highly valuable and are considered one of the "Big 3" 21st-century electronic components, alongside semiconductors and displays. According to energy market research firm SNE Research, the secondary battery market is expected to grow from $46.1 billion in 2021 to $357.1 billion by 2030. This growth, nearly eightfold, will be driven by mid-to-large-sized secondary batteries for electric vehicles.

LS Mtron plays a pivotal role in the battery industry by offering specialized excellence, providing unparalleled value to its customers. The company's technology is essential for producing key components, such as battery cases, which directly impact battery performance. The precision and speed of injection molding are crucial in mass production systems, making LS Mtron's unique technology significantly contribute to enhancing battery production efficiency.

In the production of secondary batteries, particularly in electric vehicles(EVs), the battery casing and cell housing are crucial components that directly impact battery safety and efficiency. LS Mtron’s precision injection molding technology ensures the production of high-strength, lightweight plastic battery housings that offer superior insulation and protection. These housings are designed to withstand harsh conditions, such as extreme temperatures and mechanical stress, ensuring the longevity and performance of the battery.

As the demand for lighter, more energy-efficient battery packs grows, LS Mtron’s injection molding solutions are essential in producing plastic components that reduce overall battery weight without compromising strength or performance. By utilizing advanced plastic materials and innovative molding techniques, LS Mtron helps manufacturers create lighter battery packs that enhance vehicle range and energy efficiency, while also contributing to the overall sustainability of electric vehicles.

Thermal management is a critical factor in the performance and safety of secondary batteries. LS Mtron’s advanced injection molding technology enables the production of battery components with superior thermal insulation properties, ensuring that heat is effectively dissipated and contained within the battery structure. This technology not only enhances the safety of the battery but also improves its overall efficiency by preventing overheating during operation.

With the increasing complexity of battery modules, LS Mtron’s multi-cavity injection molding machines allow for the high-volume production of intricate plastic components that are essential for modern battery designs. The company’s cutting-edge molding technology ensures consistent quality and precision, which are critical for the assembly of complex battery modules used in electric vehicles and energy storage systems.

As the battery industry shifts towards more sustainable practices, LS Mtron is at the forefront of utilizing eco-friendly plastic materials in the injection molding process. By incorporating recycled and bio-based plastics, LS Mtron’s machines contribute to reducing the environmental impact of battery production, aligning with global efforts to create greener, more sustainable manufacturing processes.

LS Mtron has strengthened its partnerships with various clients at industry exhibitions such as NPE2024, demonstrating its technical capabilities to meet the battery industry's diverse needs. Additionally, the company is enhancing its global competitiveness by developing advanced technologies required by the battery sector.

Despite technological advancements, the battery industry faces several challenges. To guarantee product performance, it is crucial to ensure precision and quality control during the injection molding process for battery cases and related parts. LS Mtron's injection molding machines are designed to meet these demands, establishing the company as a crucial partner in battery manufacturing.

■ LS Group Pursues Sustainable Growth through Aggressive Technological Innovation in the Battery Industry!

LS Group is creating value through synergies among its affiliates in the battery industry, a growing sector in future industries, particularly in secondary batteries. LS Group is focused on sustainable growth through technological innovation. Affiliates like LS Mtron, LS Electric, and LS Cable showcase their technological achievements at exhibitions such as the 'K-Battery Show,' 'InterBattery 2024,' 'The Battery Show,' and 'NPE 2024,' solidifying their presence in global markets.

At InterBattery 2024, LS Electric showcased its Modular Scalable String Platform(MSSP) for the industrial ESS market and battery pack lines, offering customized solutions. Meanwhile, LS MnM announced plans to invest KRW 1.83 trillion to build EVBM production facilities in Ulsan and Saemangeum, presenting its future vision for raw material processing, automation, and AI-driven battery material business. LS e-Mobility Solutions garnered attention with its core electric vehicle safety components, including EV relays and Battery Disconnect Units(BDUs).

Additionally, LS EV Korea introduced various battery module components, including the Power Distribution Center(PDC), which distributes high-voltage current within electric vehicles. LS Materials and LS Alsco unveiled next-generation 2nd batteries, ultra-capacitors(UCs), and extrusion materials for electric integrated brake systems.

In NPE2024, LS Mtron solidified its presence as a leading injection molding machine brand by introducing smart injection molding solutions tailored to industries such as automotive, achieving rapid success in the U.S. market.

LS Mtron and other companies within the LS Group are expected to significantly impact the battery industry with the new technologies and solutions they plan to introduce in the future.

■ Inquiry: LS Mtron's Molding Machine Division’s Website: www.lsinjection.com