Choi Mun-ho, CEO of EcoPro BM, Confident "No Global Trade Issues at All"

Meets Standards for Europe and U.S. Markets
Hungary Plant to Begin Production by Year-End
All-Solid-State Electrolyte Mass Production in 2026

Choi Moon-ho, CEO of Ecopro BM, expressed confidence that there is no problem at all regarding concerns about the expansion of global trade risks.

Choi Moon-ho, CEO of EcoPro BM, is answering questions from the press. Joint coverage team of InterBattery 2025

On the 5th, CEO Choi met with reporters at the opening of the 'InterBattery 2025' event at COEX in Seoul and said, "We believe there will be no issues with the business conducted in Europe," adding, "There may be concerns about the U.S. business, but we are proceeding in the form of joint ventures that fully meet the criteria for Foreign Entity of Concern (FEOC)." He continued, "We need to establish appropriate measures as the situation changes, but so far, everything is proceeding in a way that satisfies all standards."

Regarding Ecopro BM's factory in Hungary, CEO Choi said, "Based on three production lines, it has a production capacity of about 54,000 tons. It is currently in the commissioning phase, and once verification is complete, commercial production is scheduled to begin by the end of the year."

About Ecopro BM's technology development progress, CEO Choi explained, "We have been developing sulfide-based all-solid-state electrolytes for the past three years, and the results are good. We expect to start mass production by the end of 2026."

Regarding sodium anode materials, he said, "We are rapidly developing them with the expectation of introducing them into energy storage systems (ESS) and low-cost mobility systems. We are still negotiating with customers on how to proceed, so it is difficult to specify an exact timeline," but added, "However, I believe we can also win in competition with China."

CEO Choi shared his business outlook for this year, stating, "We are preparing to continuously generate profits from the second half of the year onward. The base effect of resolving the previously full pipelines of cells and original equipment manufacturers (OEMs), along with the effect of new vehicles, is expected to create a situation where our production volume can recover further."

He also revealed, "This year, about 150 billion KRW is needed for domestic investments and about 350 billion KRW for overseas investments. As of the end of last year, we secured approximately 500 billion KRW in cash. Additionally, we received about 600 billion KRW in ECA policy funds, so there is absolutely no cash flow problem."