ECOPRO BM
- Company typePublic
- Founded2017
- HeadquartersChongju, South Korea
- Headcount1,001–5,000
- GTM typeB2B
- OfferingHardware or Manufacturing
ECOPRO BM firmographics
Firmographics- Name
- ECOPRO BM
- Legal name
- 주식회사 에코프로비엠 (EcoProBM Co., Ltd.)
- Website
- https://ecoprobm.co.kr
- Company type
- Public
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Ownership category
- akta.pro rank
ECOPRO BM industry classification
Industry- Product category
- Battery Cathode Materials
- NAICS
- Battery Manufacturing (33591), Basic Chemical Manufacturing (3251), Industrial Gas Manufacturing (32512)
- SIC
- Primary Smelting & Refining Of Nonferrous Metals (3330), Industrial Inorganic Chemicals (2810)
- akta.pro primary industry
- Cathode Active Materials (CAM) Manufacturing (EUAFABAB)
- akta.pro secondary industries
- Solid-State Battery Materials & Cell Manufacturing (EUAFABAH), Battery Raw Materials Mining & Refining (Lithium, Nickel, Cobalt, Manganese, Graphite) (EUAFABAA), Battery-Grade Chemical Processing (LiOH/Li2CO3, Ni/Co Sulfates, Mn Sulfate) (IMAKAFAI), Hydrometallurgical Recycling & Refining (Leaching, Solvent Extraction, Precipitation) (EUAFACAD)
Keywords
Where ECOPRO BM is headquartered
LocationHeadquarters
- HQ city
- Chongju
- HQ country
- South Korea
- HQ region
- Asia
Offices4 records
Markets served
ECOPRO BM business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
Revenue model
- Secondary Battery Materials Manufacturing and Sale: Manufacturing and sale of cathode active materials and precursors for secondary batteries used in EVs, ESS, and power tools. Core revenue driver with significant volume sales to European automakers.
- Real Estate Leasing: Subsidiary operations in real estate leasing as secondary revenue stream
Go-to-market motion2 records
Distribution channels3 records
Marketing channels3 records
ECOPRO BM product offering
Product offeringCore offering
ECOPRO BM manufactures and sells cathode active materials (CAM) and precursors for lithium-ion secondary batteries, with a primary focus on high-nickel NCA and NCM chemistries used in electric vehicles, energy storage systems (ESS), and power tools. The company operates a vertically integrated supply chain spanning nickel smelting in Indonesia, precursor manufacturing by its EcoPro Materials subsidiary, and cathode production in South Korea and Hungary. It is also developing next-generation all-solid-state battery materials and solid electrolytes for 2027 mass production.
Product overview
EcoPro BM is a secondary battery materials company offering a comprehensive portfolio centered on cathode active materials and precursors. The core product line includes high-nickel NCA and NCM cathode materials for EVs, power tools, and energy storage systems, supported by in-house precursor production through subsidiary EcoPro Materials. The company is expanding into next-generation technologies including solid electrolytes and all-solid-state battery materials, while also diversifying into battery recycling (EcoPro CnG) and battery asset management services. Production facilities span South Korea and Hungary (Debrecen), with nickel smelting operations in Indonesia through subsidiaries.
Differentiator
Problem solved
Functional benefit
Products and services
- Cathode Active Materials (High-Nickel NCA and NCM) Primary product line comprising high-nickel NCA (nickel cobalt aluminum) and NCM (nickel cobalt manganese) cathode materials for electric vehicle batteries, energy storage systems, and power tools. Core business focus of the company.
- Precursors High-quality precursor materials manufactured by subsidiary EcoPro Materials, using proprietary technologies for particle size control, metal composition adjustment, fine particle separation, and metal foreign object management.
- Solid Electrolytes Solid-state battery electrolytes targeted for mass production in 2027, part of ECOPRO BM's next-generation all-solid-state battery materials portfolio.
- All-Solid-State Battery Materials Materials designed for all-solid-state batteries, including specialized formulations for humanoid robot applications, representing ECOPRO BM's next-generation battery technology portfolio.
- Battery Asset Management New business segment announced at InterBattery 2026 marking ECOPRO BM's entry into battery asset management services.
Quantifiable outcome
- ESS cathode material sales increased 140% year-on-year in Q1 2026
- +2 more outcomes
Companies that use ECOPRO BM
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles4 records
ECOPRO BM technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability1 record
Feature4 records
ECOPRO BM partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and flagship.
- European Electric Vehicle ManufacturerscoreEcoPro Hungary plant began full-scale mass production of high-nickel NCA cathode materials for European EV manufacturers, with annual capacity of 54,000 tons sufficient for approximately 600,000 EVs.
- InterBattery 2026flagshipEcoPro announced participation in InterBattery 2026, Korea's largest battery exhibition at COEX Seoul, to unveil full lineup of high-nickel and all-solid-state battery materials, showcase solid electrolytes for 2027 mass production, and announce entry into battery asset management market.
- Hyundai MotorcoreHyundai Motor partnered with EcoPro BM for LFP battery material localization to reduce reliance on foreign sources and challenge Chinese dominance in the LFP battery market where CATL and BYD control about 90% market share. Hyundai aims to develop 300Wh/kg LFP batteries by 2025.
Scale indicators10 records
Recent moves8 records
Expansion highlights6 records
ECOPRO BM competitors and assessment
Company assessmentDirect peers
- Ronbay Technology: Chinese high-nickel NCM cathode producer supplying domestic battery leaders including CATL. Comparable to EcoPro BM on high-nickel CAM chemistry and automotive OEM supply, but with a China-centric footprint.
- BASF Battery Materials: German chemical major's cathode active materials business producing high-nickel NCM for automotive lithium-ion batteries in Europe. Directly competes with EcoPro BM for European OEM CAM volumes and on EU-localization mandates.
- Sumitomo Metal Mining: Japanese producer of NCA cathode materials, long-time supplier into Panasonic/Tesla cells. Compares to EcoPro BM on NCA chemistry focus and high-nickel specialty CAM, though it serves a different OEM base.
- Umicore: Belgian materials group with a major rechargeable battery materials business producing NMC cathode materials for European EV OEMs. Comparable to EcoPro BM as a non-Korean CAM supplier targeting the same European customer base.
- Nichia Corporation: Japanese specialty chemical and cathode materials producer with strong NCM and high-nickel CAM capabilities. Comparable as a CAM peer competing for high-end lithium-ion cathode business, though it is more diversified into phosphors and LEDs.
- POSCO Future M: Korean cathode materials manufacturer (NCM and high-nickel) supplying global EV OEMs. Closest direct competitor to EcoPro BM in the Korean CAM landscape, competing on the same OEM contracts and chemistries.
- Beijing Easpring Material Technology: Chinese CAM producer supplying NCM and NCA cathode materials to domestic and global battery makers. Comparable to EcoPro BM on chemistry breadth and global OEM supply, though operating from a lower-cost Chinese base.
Emerging players
- SVOLT Energy Technology: Chinese battery and LFP cathode player spun out of Great Wall Motor. Comparable to EcoPro BM's LFP and high-nickel CAM ambitions, though it is more vertically integrated into cells and primarily serves the Chinese market.
- Shenzhen Dynanonic: Chinese LFP cathode specialist with strong domestic share. Comparable to EcoPro BM's emerging LFP business (e.g., Hyundai partnership) as an LFP-focused peer, though it operates primarily in China.
Broad incumbents
- LG Chem / LG Energy Solution: Korea's largest battery materials and cell producer, with captive cathode production and global EV cell supply. Comparable as a broader Korean incumbent that competes with EcoPro BM on cathode supply and on OEM cell relationships.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
ECOPRO BM financial estimates
Financial estimateRevenue estimate
Valuation estimate
ECOPRO BM leadership team
Management profileNumber of profiles
Profiles1 record
ECOPRO BM subsidiaries and ownership
Company hierarchySubsidiaries6 records
ECOPRO BM funding detail
Funding detailFunding overview
Funding rounds2 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ECOPRO BM M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ECOPRO BM
What does ECOPRO BM do?
ECOPRO BM manufactures and sells cathode active materials (CAM) and precursors for lithium-ion secondary batteries, with a primary focus on high-nickel NCA and NCM chemistries used in electric vehicles, energy storage systems (ESS), and power tools. The company operates a vertically integrated supply chain spanning nickel smelting in Indonesia, precursor manufacturing by its EcoPro Materials subsidiary, and cathode production in South Korea and Hungary. It is also developing next-generation all-solid-state battery materials and solid electrolytes for 2027 mass production.
Is ECOPRO BM a public or private company?
ECOPRO BM is a public company. It is classified as public and is currently operating.
When was ECOPRO BM founded?
ECOPRO BM was founded in 2017. It employs 1,001 to 5,000 people.
Where is ECOPRO BM based?
ECOPRO BM is headquartered in Chongju, South Korea, in the Asia region.
How does ECOPRO BM make money?
Two revenue lines are on record. Secondary Battery Materials Manufacturing and Sale is the primary driver. The others are real Estate Leasing.
Who are ECOPRO BM's main competitors?
Direct peers on record are Ronbay Technology, BASF Battery Materials, Sumitomo Metal Mining, Umicore, Nichia Corporation, POSCO Future M and Beijing Easpring Material Technology. Emerging players are SVOLT Energy Technology and Shenzhen Dynanonic. LG Chem / LG Energy Solution is listed as a broad incumbent.
Does ECOPRO BM have an API?
No public API is recorded for ECOPRO BM.
What industry is ECOPRO BM in?
ECOPRO BM's product category is Battery Cathode Materials. Its primary akta.pro industry code is EUAFABAB, Cathode Active Materials (CAM) Manufacturing, with a secondary code of EUAFABAH, Solid-State Battery Materials & Cell Manufacturing. Its NAICS code is 33591 and its SIC code is 3330.