UniTechno Selected as Supplier Partner for Next-Generation ESS Components for North America
UniTechno, a company specializing in precision injection molding of engineering plastics, has been selected as a supplier partner for next-generation components for energy storage systems (ESS) destined for North America.
UniTechno announced on October 20 that it had been selected as a new supplier partner for next-generation components used in energy storage systems (ESS) destined for North America by L, a global battery company.
The components UniTechno will newly supply under the project are products in the busbar housing family, which support and protect power connection components inside ESS batteries. They will be supplied for ESS products entering the North American market. Mass production is scheduled to begin next year, with significant revenue expected to start in 2028. From 2028 to 2031, the company expects average annual revenue of approximately KRW 11 billion, or about KRW 44 billion in total over the four-year period.
This selection for a new supply project for a next-generation model comes less than a year after mass production of the existing ESS components began. It is significant in that UniTechno has further strengthened its partnership with the customer by earning recognition for its production stability, quality, and technological competitiveness in a short period. The company expects this selection for a new project to further strengthen the foundation for revenue growth in its ESS business.
ESS battery components require a high level of quality reliability, including electrical insulation, dimensional precision, and durability, throughout the power transmission process. UniTechno has strengthened its ability to produce and supply these products reliably by leveraging its precision injection molding of engineering plastics and mass-production quality management capabilities, developed through its automotive parts business.
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A UniTechno official said, "Being selected as a supplier partner for this next-generation model recognizes our existing mass-production track record and quality competitiveness. We will continue to expand business opportunities across the global battery supply chain based on our precision injection molding technology and stable mass-production capabilities, while developing our ESS business into a key growth driver."
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