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Fine M Tech has signed a supply contract for industrial energy storage system (ESS) battery components with a leading domestic secondary battery conglomerate for the North American region. The contract amount is undisclosed but estimated in the high 100 billion KRW range. Full-scale production will begin from the VINA CNS 3 plant in Vietnam in the second half of 2025.
“The ESS components won in this contract are scheduled to begin full-scale production from the third VINA CNS plant in Vietnam starting in the second half of this year”asiae.co.kr
Summarized from public sources; check the original articles before acting on it.