MFM Korea Secures Technology for 'Organic Secondary Battery' Business

Contract Signed with Japanese Company 'M'

MFM Korea has secured technology to actively advance its organic secondary battery business, which is gaining attention as one of the next-generation secondary batteries.

On the 16th, MFM Korea announced that it signed a contract with the Japanese secondary battery company ‘M’ for technology transfer and development of mass production equipment for organic secondary batteries.

‘M’, a Japanese company, specializes in secondary batteries and holds patents for secondary batteries whose main raw material is organic substances extracted from plant-based oils. ‘M’ explains that their secondary batteries are eco-friendly, use no lithium at all, enabling continuous resource supply, and can be supplied stably despite fluctuations in raw material prices.

According to tests conducted in 2021 by Kyocera’s R&D headquarters in Japan, ‘M’ secondary batteries were analyzed to have excellent temperature characteristics (-20 to 80 degrees Celsius), with fire risk during charging and discharging close to zero (0), and charging speed and energy density superior to lithium-ion batteries. Additionally, they are known to have a lifespan more than five times longer than lithium-ion batteries, with over 20,000 charge-discharge cycles.

‘M’ is currently installing a 1GWh scale production facility at its local research institute in Japan, aiming to start battery production in March this year. If production proceeds as planned in March, test sample batteries will be provided to leading battery customers both domestically and internationally.

MFM Korea plans to carry out the organic secondary battery business in three stages: the first stage is to develop mass production equipment, the second stage is to build a 1GWh scale mass production plant, and for the commercialization of the transferred technology, they will jointly develop mass production equipment with Clever, a company specializing in secondary battery equipment.

A company representative stated, “Compared to existing batteries, ‘M’ batteries have manufacturing costs up to 50% lower and facility investment costs at only about 60%, making them highly price competitive. Batteries mass-produced in the first half of 2025 are expected to be supplied primarily for ESS use and are anticipated to replace not only ESS but also emergency generators and UPS.”