Mgen Solution Begins Mass Production of '10x Lifespan' Fire-Safe LIC Batteries... Expanding into ESS and Mobility Markets

From the left, Bongju Kim, CEO of Duhyun Infratech, and Hyukhee Lee, President of Emzen Solution. Provided by Emzen Solution

Mgen Solution is launching its lithium-ion hybrid supercapacitor (LIC) business in earnest by entering into a strategic collaboration with Duhyun Infratech. On May 4, the company announced that it had signed a memorandum of agreement (MOA) for a strategic partnership with Duhyun Infratech to establish joint production.

Based on this agreement, the two companies will jointly operate a production facility and establish a mass production system for LIC batteries. Through this, they plan to expand previously limited production capacity and strengthen their competitiveness in the market.

The LIC battery developed by Duhyun Infratech features gel-type electrolytes, which structurally eliminate the fire risks considered the biggest drawback of conventional lithium-ion batteries. In addition, it operates reliably without performance degradation even in environments as cold as minus 40 degrees Celsius, and its lifespan is approximately ten times longer than existing batteries, giving it a significant economic advantage.

Despite having secured orders both domestically and internationally, Duhyun Infratech has faced limitations in expanding its business due to insufficient in-house production facilities. Through this partnership, the company expects to resolve such bottlenecks by securing production infrastructure, enabling timely responses to both previously delayed large-scale domestic supply and overseas export demand.

Mgen Solution plans to leverage its technological and production capabilities to expand into new application markets. In particular, the company aims to supply solar-powered streetlights equipped with LIC batteries to local governments, while also broadening the application scope to mobility sectors such as electric motorcycles and electric bicycles.

A company representative stated, "The gel-type LIC battery is a technology with proven fire safety, which can create strong synergies with our business strategy focused on fire safety ICT," adding, "We expect to significantly enhance our competitiveness in the secondary battery market going forward."

The core of this collaboration is the full-scale entry into the ESS and mobility markets by mass-producing LIC batteries with fire safety and long lifespan.

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