Global secondary battery assembly equipment company MOT is showing strong performance. The news that it has supplied a pilot line for the lithium iron phosphate (LFP) battery assembly process for energy storage systems (ESS) to Samsung SDI appears to be influencing its stock price. MOT was listed on the KOSDAQ market on the 18th with a public offering price of 10,000 KRW. The company possesses proprietary know-how in secondary battery assembly processes and has succeeded in commercializing next-generation battery technologies such as all-solid-state batteries, 46-pi cylindrical batteries, and LFP batteries.
As of 10:24 AM on the 26th, MOT is trading at 7,900 KRW, up 7.34% from the previous day.
MOT is a secondary battery assembly equipment manufacturer that produces tab welding equipment, which bonds tabs to the anode and cathode to allow current flow, and packaging equipment that forms and seals the battery shape. Through a close partnership with Samsung SDI, it supplies generation-specific secondary battery assembly equipment and has established itself as the only domestic company providing Samsung SDI tab welding and packaging assembly process equipment.
Samsung SDI officially announced the establishment of an LFP mother line at its Ulsan plant last September. Having completed the selection of equipment suppliers, it is accelerating toward the goal of mass production in 2026. MOT plans to sequentially deliver ESS LFP battery assembly process equipment in line with Samsung SDI’s production schedule.
MOT Vice President Kim Chung-kyu stated, "We will do our utmost to successfully achieve Samsung SDI’s LFP battery mass production target," adding, "We will demonstrate to the market the know-how and technological capabilities accumulated through extensive experience in building mass production lines."
MOT has completed the development of a large-area LFP battery assembly equipment (pilot line) by adding its core competencies of high-speed taping and ultra-precision alignment technology. The self-developed large-area LFP battery assembly equipment has a volume scale 4 to 5 times larger than EV battery assembly equipment but secures the same production efficiency per unit equipment as EV battery assembly equipment. It holds a reference for developing and supplying large-area LFP battery assembly equipment to Samsung SDI in March.
MOT finalized its public offering price at 10,000 KRW, below the lower end of the expected price range (12,000 to 14,000 KRW), based on demand forecasting results from institutional investors.
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