![\"Ban](\"https:\/\/www.europesays.com\/korea\/wp-content\/uploads\/2026\/06\/1782413293_672_news-p.v1.20260624.46756e2ec1ed4235b691775b6b14a116_P1.jpg\"\/ "\\"KOSME,")
Ban Jeong-sik (right), Director of Regional Innovation at the Korea SMEs and Startups Agency, and Kim Je-yeong, CTO of LG Energy Solution, pose for a photo after signing a business agreement on the 23rd. Photo courtesy of the Korea SMEs and Startups Agency<\/p>\n
The Korea SMEs and Startups Agency (KOSME) is joining hands with global battery maker LG Energy Solution (373220.KS) to build a public-private shared growth model aimed at strengthening the foundation of Korea’s battery industry.<\/p>\n
KOSME said Tuesday that it will pursue a two-track win-win program with LG Energy Solution to respond to the global supply chain realignment in the battery sector and carbon emission regulations. The two parties signed a “Memorandum of Understanding to Strengthen the K-Battery Ecosystem” on Monday at LG Energy Solution’s Daejeon Technology Center, located in Yuseong-gu, Daejeon.<\/p>\n
The agreement is one of the follow-up measures to the “K-Battery Open Innovation” program, centered on non-partner companies, that began last month. A key feature is that it expands the scope of support to include existing partner companies as well as non-partner companies. It is a two-track structure that strengthens the internal supply chain (partner companies) while embracing innovative technologies from outside (non-partner companies).<\/p>\n
KOSME plans to support stable financing based on policy funds, a shared growth network loan, and joint business conversion support. It will also provide a carbon neutrality support program (MRV) to respond to the EU’s Carbon Border Adjustment Mechanism (CBAM).<\/p>\n
“With this agreement as a turning point, we will further expand cooperation with promising domestic companies and accelerate their growth to contribute to strengthening the competitiveness of the K-battery industry,” said Kim Je-young, Chief Technology Officer (CTO) of LG Energy Solution.<\/p>\n
“KOSME’s corporate development infrastructure and policy support capabilities, combined with LG Energy Solution’s global value chain, will create powerful synergy,” said Ban Jeong-sik, Regional Innovation Director at KOSME.<\/p>\n","protected":false},"excerpt":{"rendered":"Ban Jeong-sik (right), Director of Regional Innovation at the Korea SMEs and Startups Agency, and Kim Je-yeong, CTO…\n","protected":false},"author":2,"featured_media":64930,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[26],"tags":[35079,11683,35260,35114,10890,315,747,733,15418,321],"class_list":["post-64929","post","type-post","status-publish","format-standard","has-post-thumbnail","category-lg-energy-solution","tag-battery-industry","tag-carbon-neutrality","tag-eu-cbam","tag-k-battery","tag-kosme","tag-lg","tag-lg-energy","tag-lg-energy-solution","tag-public-private-cooperation","tag-supply-chain"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/64929","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/comments?post=64929"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/64929\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media\/64930"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media?parent=64929"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/categories?post=64929"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/tags?post=64929"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}