EV Advanced Materials is surging in early trading on the 4th. The company is experiencing increased buying for two consecutive days, as it has been interpreted that the Taiwanese solid-state battery company it invested in has succeeded in mass production and shipment.
As of 10:33 a.m. on this day, EV Advanced Materials is trading at 1,957 won, up 371 won (23.39%) from the previous trading day.
Battery materials company EV Advanced Materials announced that the cumulative shipment of the next-generation lithium ceramic battery (LCB) from the Taiwanese solid-state battery company 'ProLogium Technology', in which it invested, has surpassed 2.4 million units. Following this news, EV Advanced Materials closed the previous day at the upper limit of the daily price cap.
After EV Advanced Materials' investment, ProLogium focused on advancing the technology of LCBs and expanding production facilities, significantly increasing its cumulative shipment while recently producing more than 500,000 units at its Gigafactory in Taoyuan, Taiwan.
Following EV Advanced Materials' investment, ProLogium concentrated on enhancing LCB technology and expanding production facilities, recently producing over 500,000 units at its Gigafactory in Taoyuan, greatly increasing its cumulative shipment.