Reports from South Korea are saying that Rivian executives have been travelling to South Korea to test their in house batteries and examine equipment that they need to produce their own batteries.

Executives such as Johnson Mark, senior engineer in charge of production, Victor Prajapati, cell engineer director, and Park Ki-tae, senior engineer have visited Korea frequently to lay the foundation for equipment and facilities necessary for battery production


Rivian, a new American electric vehicle maker listed on the New York Stock Exchange in November last year, will set up a pilot production line for battery R&D in Korea. It was confirmed on the 17th that high-ranking officials from Rivian recently visited Korea and toured the site of the factory to prepare the pilot line. Various tests for the establishment of its own battery production line to be carried out in the United States will be carried out here.

The area where the pilot line will be prepared has not yet been determined. Areas that can easily procure relevant manpower, battery equipment, and facilities are expected to be considered as top priority. You can also refer to the opinions of companies that have contracted to supply equipment to Rivian.

In the meantime, major executives such as Johnson Mark, senior engineer in charge of production, Victor Prajapati, cell engineer director, and Park Ki-tae, senior engineer have visited Korea frequently to lay the foundation for equipment and facilities necessary for battery production. By 2030, the construction of a 100 gigawatt hour (GWh) battery plant is under way. If it goes ahead as planned, a trickle-down effect is expected for the domestic battery industry.

An industry official said, "Rivian plans to make a prismatic battery using a ternary cathode material in the United States." "We have been continuously discussing battery design and production with our partners, and it is advantageous for battery production to increase the synergy effect with the Korean rear industry. It seems to have decided that,” he explained.

Rivian was established in 2009. It received an investment of 8 billion dollars (about 9.2 trillion won) from Amazon and Ford. At one time, it overtook Volkswagen and ranked third in the global auto industry based on market capitalization, but its stock price has plunged and surged again this year, causing ups and downs. It is interpreted as a strategy to speed up its own battery production by preparing a domestic pilot line and to achieve the electric vehicle production target early.

Not only Rivian, but also emerging battery makers such as Northvolt, Automotive Cell Company (ACC), Freyr, British Volt, Vercore, and Vinfast are discovering partners while visiting Korea. This is a result reflecting the expectation that if Korean companies build production lines mainly, they will be able to advance the battery mass production plan. It seems that he highly appreciated the experience of working with three domestic battery companies: LG Energy Solution, SK Innovation (SK On), and Samsung SDI.

In reality, it was also considered that it would be difficult to link with companies from other countries. Europe also has a battery industry behind it, but the production is low and the price is high. China does not have the capacity to respond to domestic companies such as CATL, BYD, and Guo Xuan, and its skills are not as good as that of Korea. Northvolt had a hard time using battery equipment of China's leading intelligence. In Japan, the number of companies interested in overseas expansion is limited.

Another industry official said, "The number of domestic partners entering overseas markets to respond to local battery and finished car makers such as the US and Europe will increase in the future."