Fine DNC Secures Mass Production Order for Core Battery Components from North American EV Clients... Accelerates Global Business Expansion

Global parts and materials company Fine DNC is set to begin mass production and supply of key battery components for major electric vehicle (EV) manufacturers in North America.

On March 27, Fine DNC announced that it has secured mass production contracts for core battery can components with leading North American EV companies, leveraging its differentiated technological capabilities and stable mass production response capacity.

The products to be supplied are the Cap Assembly (Cap A'ssy) and Current Collector Assembly (Current Collector A'ssy) components, which are integral parts of EV battery cans.

With this supply contract, the company aims to foster its secondary battery, energy storage system (ESS), and uninterruptible power supply (UPS) parts business as next-generation growth pillars, while expanding sales and strengthening its position in the global parts market.

To date, Fine DNC has accumulated global quality standards and production response capabilities through mass production of electric vehicle parts. The recently awarded Cap Assembly component is a critical safety-sealing part used to seal the top of secondary battery cells and release gas when excess pressure occurs, making it an essential component in battery cans. The Current Collector Assembly is also a key component used in devices that collect current within the battery. Both products are recognized as core components supplied to global battery manufacturers such as Samsung SDI and LG Energy Solution.

The company possesses in-house capabilities for patent-based precision mold design and manufacturing in the prismatic battery parts sector, and has established collaborative frameworks with major domestic and international companies. In addition, Fine DNC has continuously strengthened its competencies in mechanical and structural parts through investments in precision welding technology, large press equipment, and new insert injection molding facilities.

Through this mass production contract, the company plans to maintain a stable supply chain with global battery customers. Furthermore, it anticipates that sales of related components will begin to increase in earnest from the second half of 2026 as it wins additional contracts for derivative models. Based on this, Fine DNC projects an overall sales growth rate of more than 100%.

Meanwhile, Fine DNC is also working to expand from the EV parts business into the ESS and UPS markets. As power demand increases due to the expansion of AI data centers and the need for power stability becomes more critical, demand for ESS and UPS systems is rising. The company is entering these markets by launching projects for related components derived from its mass-produced EV parts models.

At the same time, Fine DNC is implementing strategies to increase the utilization of existing production facilities, such as insert injection molding, and improve process efficiency. Some projects are expected to see gradual volume increases starting in the second half of this year, with full-scale mass production anticipated from the fourth quarter onward. As a result, mid- to long-term performance improvement is also expected.

The company plans to pursue the development and initial mass production of secondary battery, ESS, and UPS components centered on its domestic production base, while gradually expanding its global supply system to cover North America and Europe.

CEO Kim Jongchan stated, "While our results have sometimes fallen short of expectations due to market conditions, we are beginning to see results thanks to continuous development efforts and mass production preparations. Through our secondary battery, ESS, and UPS components businesses with major domestic and overseas customers, we will maximize our manufacturing capabilities and synergy, and build a stable business portfolio."

He added, "Based on the technological relevance to our existing core businesses and the stability of our profit structure, we will diversify business risks, secure new customers, and expand our global supply, thereby achieving profit diversification and entering a stable growth trajectory in the mid- to long-term."

This content was produced with the assistance of AI translation services.