The Abu Dhadi event to showcase drones, robotics, components, and unmanned systems.
Seoul, South Korea. February 16, 2022
Grinergy, a South Korean headquartered lithium-ion rechargeable battery and battery management systems company today announced that they will exhibit at 2022 Unmanned Systems Exhibition (UMEX) and Simulation Training (SimTEX).
The conference set to kick off on February 20th in Abu Dahbi is dedicated to showcasing drones, robotics, components, and unmanned systems– key applications for Grinergy battery technology.
Grinergy offers multiple solutions to revolutionize the shortcomings of the conventional lithium battery industry. Grinergy’s proprietary technology offers remarkable safety with improved charging capability.
For more information on Grinergy at UNMEX or their battery technology applications, please contact Don Southerton at dsoutherton@grinergy.co.kr or +1-310-866-3777.
The 2021 ‘K-Startup Center Demo Day’ was organized and hosted by South Korea’s Ministry of SMEs and Startups, and the Startup Promotion Agency.
‘KSC’ is a startup support program for promising Korean domestic ventures and startups looking to expand overseas.
This event held on Friday December 10th at Banyan Tree Club & Spa Seoul Crystal Ballroom showcased 7 innovative companies. Participating in the KSC program were Aon, Sentbe, Testworks , Grinergy, GEMotion, HiLocal and Dot. Each company presented an IR pitch through the online platform and were then screening by VCs.
The 1st place winner was ‘Grinergy’, which shared their lithium secondary battery solutions that are capable of low-temperature and rapid charging.
Sentbee, which introduced their “Digital C2C/B2B overseas remittance payment service’, was selected as the 2nd place. ‘TestWorks’, which introduced ‘Artificial Intelligence Algorithm and Data Solution Service for Learning’, was selected in 3rd place.
“Startups participating in today’s event are promising companies that have been recognized by accelerators from 7 countries around the world,” said Kim Yong-moon, president of the Korea Startup Promotion Agency. “In the future, the Korea Startup Promotion Agency will spare no effort to support K-start-ups to take a leap forward and advance into the global market.”
Congratulations Grinergy on being selected 1st Place in the 2021 K-Startup Center Demo Day.
What a great honor.
축하합니다
Grinergy is a lithium-ion battery technology company with multiple solutions to revolutionize the shortcomings of the conventional lithium battery industry.
— Lithium-ion batteries perform poorly in cold weather. Lead-acid batteries are not environmentally friendly. — alternative, lithium-titanium compound, minus 30 degrees, withstand fast charging, — buses, ships, heavy-duty ‘multiplier’ market can coexist with lithium-ion
Grinergy CEO Sungpang ( Scott) Bang Photo Park Hae-joo
“There are several problems with batteries used in today’s vehicles. Lead-acid batteries are safe, but they pollute the environment and are heavy. Lithium-ion batteries lose their performance significantly when the temperature drops. I think there are batteries that solve these problems. I think the era will come when the existing battery market and new batteries coexist.” Grinergy CEO Sungpang (Scott) Bang
This is a startup that began with the idea that battery technology is a key issue in the era of electric mobility. In Silicon Valley, Sungpang ( Scott) Bang (47, photo)who worked at Tesla, Apple, Byton, and Hyundai, etc., and Samsung Electronics’ former COO Byung-hoon Jeong, who co-founded Grinergy in 2017, are the main characters.
They witnessed early on that the automobile industry was slowly shifting from internal combustion engines to electric vehicles, but they realized that current battery technology could not match the tasks that internal combustion engines are doing.
For example, there are problems in that the existing batteries under perform the internal combustion engine in heavy trucks that require strong output or in areas where more than half of the year temperatures falls below -10 degrees Celsius except in the summer.
For this reason, for several years since its establishment in 2017 Grinergy has developed a secondary battery using Lithium Titanium compound (LTO). Currently, 5 patents related to LTO batteries have been registered and 6 applications have been filed. Grinergy co-CEO Bang met with reporters in San Jose, California, USA and said, “LTO batteries are lead-free, so they are more environmentally friendly and work at -30 degrees.”
The typical case use is in electric vehicles and low temperatures. This is because Lithium-ion batteries that power vehicles instead of internal combustion engines perform poorly in low temperatures.This lithium-ion battery operates normally at 10–50 degrees Celsius, and its efficiency drops significantly when the temperature is higher or lower.
More so, in order to upgrade energy sources from internal combustion engines to electricity for transportation means that cars, trucks, heavy equipment, railways, and yachts operating in cold regions have no choice but to look for other alternatives due to the limitations of the existing Lithium-ion batteries.
On the other hand, LTO batteries are resistant to temperature, so they can be charged at -30 degrees Celsius. “We are conducting due diligence evaluations of batteries with a [Korean] military base through a defense venture project,” said CEO Bang. The goal is to prove how much Grinergy’s LTO battery can perform even in cold weather.
In addition, Grinergy is providing products for Korea’s outdoor smart signs. The current batteries powering the smart signs freeze in cold weather and do not work properly.
Grinergy is also paying attention to medium-to-large transportation such as buses, ships, trains, and heavy equipment, markets that are urgently required to be electrified due to the soot and the pollution problems that pose.
In the case of transportation, it is important to increase the mileage by compressing the size and weight of the battery, but it is also more important to increase the output of energy in a short time. CEO Bang said, “Grinergy’s batteries have better performance for these special industries.”
There is a growing possibility that LTO batteries will replace lead-acid batteries used for starting in existing vehicles. Lead-acid batteries are widely used in automobiles because they are very safe. Even electric vehicles such as Tesla contain lead-acid batteries and are used for starting.
Lead-acid batteries are widely used in automobiles because they are very safe. Even electric vehicles such as Tesla contain lead-acid batteries and are used for starting the vehicle.
However, since the recycling of lead-acid batteries is often done in underdeveloped countries — breaking down of the battery into its raw materials — it causes not only environmental pollution issues but also poses health problems. CEO Bang notes he saw the environmental pollution problem of recycling this lead acid battery and thought about how to solve it.
Of course, LTO batteries are not without their drawbacks. CEO Bang said, “LTO batteries have 10~15% less capacity to the same volume compared to general lithium batteries. In particular, he predicted that lithium-ion batteries and LTO batteries would coexist in the future. CEO Bang explained, “The global battery market is worth close to $1 trillion, but half of the battery market is lithium-ion and the rest is lead-acid batteries.” He added, “LTO batteries can be charged at -30 degrees Celsius, can be charged more than 10 times faster than lithium-ion, and are eco-friendly, so there is a good chance of winning.”
[Silicon Valley = Reporter Shin Hyeon-gyu / Reporter Lee Sang-deok] [ⓒ Maeil Business & mk.co.kr,]
Battery Power. Michael Malone one of America’s best-known technology writers has taken a shot at predicting game-changing technology that will fuel Silicon Valley’s next round of growth.
In July 2021, Malone among other tech experts who spoke as part of the Computer History Museum’s CHM Live series on the resilience of Silicon Valley.
“I think it is going to be battery power,” he said. “There are some battery companies out there that are doing some interesting things.” Malone feels batteries may follow the path of other technologies and Moore’s Law.
Well-referenced, Moore’s Law states that we can expect the speed and capability of our computers to increase every couple of years, and we will pay less for them.
It’s noted that Gordon Moore co-founder and chairman emeritus of Intel had always said that, at a certain point, battery power, too, would be the limiting factor for future tech advances.
But, Malone has indicated, perhaps the time has come for battery improvements to escalate. “It is possible that batteries can get on the freight train of Moore’s Law,” he said.
“I think the next great invention is just around the corner.”
Not the only one to see the potential in batteries. Rodney Brooks, Panasonic Professor of Robotics (emeritus) at MIT, in his recent article The Battery Revolution Is Just Getting Started, draws upon the famous line from the 1967 movie The Graduate for an updated 2021 spin. “If I were to offer advice to an ambitious young graduate today, I’d have one word for her: ‘Batteries.’”
I’d add to not only at Silicon Valley, but to South Korea a hub of battery innovation, too.
About the Author
For nearly 30 years, Don Southerton has advised Korean firms doing business in the United States and globally. He has also worked with American firms’ M&A and FDI teams as part of their business expansions in South Korea. He currently serves as Chief Investment Officer for South Korea’s Grinergy.
Grinergy is developing leading-edge lithium-ion rechargeable battery technology for electric vehicles and other uses, with state-of-art safety, batteries with fast battery charge times, and improved cell power density. Grinergy has recently announced expanding operation to North America. Talks have also begun with potential POC partners, licensees and investors.
Battery Power Grinergy …Michael Malone one of America’s best-known technology writers has taken a shot at predicting game-changing technology that will fuel Silicon Valley’s next round of growth.herto
In July 2021, Malone among other tech experts who spoke as part of the Computer History Museum’sCHM Live series on the resilience of Silicon Valley.
“I think it is going to be battery power,” he said. “There are some battery companies out there that are doing some interesting things.” Malone feels batteries may follow the path of other technologies and Moore’s Law.
Well-referenced, Moore’s Law states that we can expect the speed and capability of our computers to increase every couple of years, and we will pay less for them.
It’s noted that Gordon Moore co-founder and chairman emeritus of Intel had always said that, at a certain point, battery power, too, would be the limiting factor for future tech advances.
But, Malone has indicated, perhaps the time has come for battery improvements to escalate. “It is possible that batteries can get on the freight train of Moore’s Law,” he said.
“I think the next great invention is just around the corner.
I’d add to not only at Silicon Valley, but to South Korea a hub of battery innovation, too.
About the Author
For nearly 30 years, Don Southerton has advised Korean firms doing business in the United States and globally. He has also worked with American firms’ M&A and FDI teams as part of their business expansions in South Korea. An author of more than a dozen books on entrepreneurship and Korea he has been interviewed and quoted by Arirang Global Insights, The Economist, Bloomberg TV, The BBC World News, US Korea Connect, eFM Seoul, The Wall Street Journal, Korea Times, Yonhap, Forbes, CNN, and Fortune among other media.
He currently serves as Chief Investment Officer for South Korea’s Grinergy.
Grinergy is developing leading-edge lithium-ion rechargeable battery technology for electric vehicles and other uses, with state-of-art safety, batteries with fast battery charge times, and improved cell power density. Grinergy has recently announced expanding operation to North America. Talks have also begun with potential POC partners, licensees and investors.
Surprising Many. Grinergy–Next Innovative Advancements in Lithium-ion Batteries Are On The Way From South Korea.
More and more vehicle owners around the world are learning to love Battery Electric Vehicles (BEV) and these clean-energy cars and SUVs are moving toward worldwide acceptance, However, there are troubling clouds as automakers move to a clean, sustainable future. The problem? One of the most serious technical challenges BEVs face is the need for improvements in battery technology.
While battery engineering has vastly improved, global vehicle manufacturers and the battery makers they depend on still face some key issues that must be overcome. Even as the sales of BEVs continue to increase every month, there are troubling issues around batteries that experts feel must be improved to allow for true mass acceptance of electric vehicles.
The challenges of lithium-ion batteries used in electric vehicles include:
· The need to increase the energy density of the batteries · Allowing recharging rates that are significantly faster than those possible today · Improving the cold-weather performance of batteries (Some studies have shown up to a 40 percent reduction in range in severe cold weather) · Increasing safety by reducing the danger of fire
Grinergy, Energy Company of the Future from Korea Surprising some, the answers to these questions seem to be emerging from South Korea as the battery technology company Grinergy, which is at the forefront of developing next-generation lithium-ion batteries and has begun to reveal startling new technology.
Working in Korea since 2017 the Grinergy engineers and technicians have already filed for 10 patents in Korea and 9 international Patent Cooperation Treaty (PCT) patents with more under development.
Grinergy technology overcomes the current failings of traditional Lithium-ion batteries.
Developments in the United States All the new Grinergy technology arrives at just the right time in the United States market. At the end of March 2021, the administration of United States President Joe Biden announced a trillion-dollar legislative package which includes a $174 billion investment in the U.S. electric vehicle market.
Industry leaders have noted that with vehicle electrification it’s all about the batteries which, until now, have faced serious challenges. Grinergy has come along at just the right time with many of the answers. Even Chief Executive Officer Oliver Blume at Porsche, which made its stellar reputation with gasoline-powered vehicles now says, “the battery cell is the combustion chamber of the future.”
Perhaps it shouldn’t surprise anyone that one of the places breakthrough battery technology is being created is in South Korea. In May 2021 President Biden chose to make just the second meeting he ever held as President at the White House with a foreign leader a summit meeting with South Korean President Moon Jae-in. Technology was one of the important topics the two leaders discussed.
The Market The rechargeable battery market has been growing exponentially with a compound annual growth rate of some 25 percent in recent years. For example, electric vehicles are a critical part of this growth as sales of such vehicles exploded at an unprecedented rate in major Asian, European, and American markets. In 2020 the market was almost a trillion U.S. dollars and is growing strongly in 2021.
Today the technology has far surpassed that of the older lead acid and nickel cadmium batteries which were once used. Lithium-ion has proven to be a superior technology as its use in almost all EVs today demonstrates. Grinergy’s battery technology now adds the next step to the dependable lithium-ion battery increasing safety, flexibility, manufacturability, capacity, and greater fast charge capability all of which foretells a future that is evolving to meet the world’s need for environmentally friendly energy.
Grinergy and the Future Awareness of Grinergy lithium-ion technology is just beginning to emerge. In a world hungry for innovation leading to better batteries to power the current and future generations of electric vehicles and products, Grinergy is ready to speed movement toward improved worldwide sustainability, in part through the application of electric vehicles that meet the globe’s needs for mobility.
Grinergy CEO: The biggest obstacle in the electric vehicle era is the battery!
Translated by Don Southerton
— Lithium-ion batteries perform poorly in cold weather. Lead-acid batteries are not environmentally friendly.
— alternative, lithium-titanium compound, minus 30 degrees, withstand fast charging,
— buses, ships, heavy-duty ‘multiplier’ market can coexist with lithium-ion
“There are several problems with batteries used in today’s vehicles. Lead-acid batteries are safe, but they pollute the environment and are heavy. Lithium-ion batteries lose their performance significantly when the temperature drops. I think there are batteries that solve these problems. I think the era will come when the existing battery market and new batteries coexist.” Grinergy CEO Sungpang (Scott) Bang
This is a startup that began with the idea that battery technology is a key issue in the era of electric mobility. In Silicon Valley, Sungpang ( Scott) Bang (47, photo)who worked at Tesla, Apple, Byton, and Hyundai, etc., and Samsung Electronics’ former COO Byung-hoon Jeong, who co-founded Grinergy in 2017, are the main characters.
They witnessed early on that the automobile industry was slowly shifting from internal combustion engines to electric vehicles, but they realized that current battery technology could not match the tasks that internal combustion engines are doing.
For example, there are problems in that the existing batteries under perform the internal combustion engine in heavy trucks that require strong output or in areas where more than half of the year temperatures falls below -10 degrees Celsius except in the summer.
For this reason, for several years since its establishment in 2017 Grinergy has developed a secondary battery using Lithium Titanium compound (LTO). Currently, 5 patents related to LTO batteries have been registered and 6
applications have been filed. Grinergy co-CEO Bang met with reporters in San Jose, California, USA and said, “LTO batteries are lead-free, so they are more environmentally friendly and work at -30 degrees.”
The typical case use is in electric vehicles and low temperatures. This is because Lithium-ion batteries that power vehicles instead of internal combustion engines perform poorly in low temperatures.This lithium-ion battery operates normally at 10–50 degrees Celsius, and its efficiency drops significantly when the temperature is higher or lower.
More so, in order to upgrade energy sources from internal combustion engines to electricity for transportation means that cars, trucks, heavy equipment, railways, and yachts operating in cold regions have no choice but to look for other alternatives due to the limitations of the existing Lithium-ion batteries.
On the other hand, LTO batteries are resistant to temperature, so they can be charged at -30 degrees Celsius. “We are conducting due diligence evaluations of batteries with a [Korean] military base through a defense venture project,” said CEO Bang. The goal is to prove how much Grinergy’s LTO battery can perform even in cold weather.
In addition, Grinergy is providing products for Korea’s outdoor smart signs. The current batteries powering the smart signs freeze in cold weather and do not work properly.
Grinergy is also paying attention to medium-to-large transportation such as buses, ships, trains, and heavy equipment, markets that are urgently required to be electrified due to the soot and the pollution problems that pose.
In the case of transportation, it is important to increase the mileage by compressing the size and weight of the battery, but it is also more important to increase the output of energy in a short time. CEO Bang said, “Grinergy’s batteries have better performance for these special industries.”
There is a growing possibility that LTO batteries will replace lead-acid batteries used for starting in existing vehicles. Lead-acid batteries are widely used in automobiles because they are very safe. Even electric vehicles such as Tesla contain lead-acid batteries and are used for starting.
Lead-acid batteries are widely used in automobiles because they are very safe.
Even electric vehicles such as Tesla contain lead-acid batteries and are used for starting the vehicle.
However, since the recycling of lead-acid batteries is often done in underdeveloped countries — breaking down of the battery into its raw materials — it causes not only environmental pollution issues but also poses health problems. CEO Bang notes he saw the environmental pollution problem of recycling this lead acid battery and thought about how to solve it.
Of course, LTO batteries are not without their drawbacks. CEO Bang said, “LTO batteries have 10~15% less capacity to the same volume compared to general lithium batteries. In particular, he predicted that lithium-ion batteries and LTO batteries would coexist in the future. CEO Bang explained, “The global battery market is worth close to $1 trillion, but half of the battery market is lithium-ion and the rest is lead-acid batteries.” He added, “LTO batteries can be charged at -30 degrees Celsius, can be charged more than 10 times faster than lithium-ion, and are eco-friendly, so there is a good chance of winning.”
[Silicon Valley = Reporter Shin Hyeon-gyu / Reporter Lee Sang-deok]
[ⓒ Maeil Business & mk.co.kr,]
https://donsoutherton.medium.com/the-biggest-obstacle-in-the-electric-vehicle-era-is-the-battery-56e8a63210b7