WONIK PNE

What WONIK PNE does

WONIK PNE is a Suwon, South Korea-headquartered, KOSDAQ-listed equipment manufacturer (subsidiary of WONIK Holdings) that designs and supplies turn-key battery manufacturing, testing, and EV charging infrastructure. Founded in 2000 as a venture business and incorporated in 2004, the company serves global battery cell manufacturers and EV industry customers with a portfolio spanning formation equipment (pre-charging, energy-regenerative formation, IR/OCV measurement), assembly equipment (notching, stacking, welding, packaging, electrolyte filling), cyclers for cell/module/pack performance testing, and power conversion systems — all backed by an OPC-UA IT layer for real-time monitoring. Proprietary technology includes GaN-based 46 Pi charge/discharge circuits for 46-series cylindrical cells, water-cooling formation systems with per-box temperature management, and AI-based battery diagnosis algorithms built in partnership with Mona Electric and PIE.

The company makes money primarily through B2B hardware sales of capital equipment, supplemented by smart factory software subscriptions and EV charger hardware sales through its PNE Systems subsidiary under the 'viveev' brand (AC chargers, DC chargers, dispensers). Pricing is not publicly disclosed; sales are conducted via direct enterprise field sales and engineering partnerships with major battery manufacturers and automotive OEMs. Distribution is anchored by 9 global offices and subsidiaries across Korea (HQ plus Pyeongtaek, Ochang, and Dongtan factories), USA (two locations including Dallas), Sweden, Vietnam, China (including a Beijing joint venture), and Hungary. The company has consolidated via M&A (acquiring PNE SOLUTION in 2020 and NS plus Techland in December 2021, merging with NS in February 2022) and is pursuing adjacent markets through 2022–2023 partnerships in battery recycling (SungEel HiTech), EV battery evaluation (PMGROW), and renewable energy power conversion (SOLUM).

Name

WONIK PNE

Legal name

WONIK PNE CO., LTD.

Website

https://wonikpne.com

Company type

Public

Founded year

2004

Operating status

Operating

Headcount range

51–100 employees

Short description

WONIK PNE is a South Korea-headquartered, KOSDAQ-listed equipment manufacturer providing turn-key battery formation, assembly, testing, and EV charging solutions to global battery manufacturers and automotive OEMs, operating across 9 locations in Asia, Europe, and North America.

Ownership category

akta.pro rank

Product category

Battery Manufacturing Equipment

NAICS

Electrical Equipment Manufacturing (3353)

SIC

Electronic & Other Electrical Equipment (No Computer Equip) (3600)

akta.pro primary industry

Battery Modules & Packs (Industrial/Commercial pack assembly) (IMAGAHAB)

akta.pro secondary industries

EV Charging Hardware Manufacturing (AC/DC Chargers/Dispensers) (IMACACAE), Power Electronics Manufacturing (Inverters/DC-DC/Onboard Chargers) (IMACACAD)

Keywords

• Battery manufacturing equipment
• Secondary battery equipment
• Formation equipment
• Battery testing systems
• Ev charging solutions

Headquarters

HQ city

Suwon-si, Gyeonggi-do

HQ country

South Korea

HQ region

Asia

Offices9 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Technology or R&D, Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Secondary Battery Equipment: Sale of formation equipment, assembly equipment, cyclers (battery testing equipment), and related automation systems for battery manufacturing
2. EV Charging Solutions: Sale of EV chargers including AC chargers, DC chargers, and dispensers under the 'viveev' brand
3. IT Systems and Software: Smart factory software solutions, monitoring systems, and process management software for battery manufacturing equipment

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

WONIK PNE manufactures and sells turn-key battery manufacturing and testing equipment, including formation equipment, assembly equipment, cyclers, and power conversion systems, covering the entire secondary battery lifecycle from production to recycling. Through its subsidiary PNE Systems, the company also sells EV charging infrastructure (AC chargers, DC chargers, dispensers) under the 'viveev' brand. Its core customers are global battery manufacturers and EV companies served via direct enterprise sales.

Product overview

WONIK PNE is a Global No.1 Battery Equipment & Solution Provider offering intelligent solutions for secondary battery manufacturing and testing based on smart technology. The company provides turn-key solutions across the entire battery lifecycle: Assembly Equipment (Notching, Stacking, Welding, Package, E/L Filling), Formation Equipment (Formation, Pre-charging, Degass, EOL, Logistics with integrated IT systems), Cycler (Cell/Module/Pack performance testing), and Power Conversion solutions. Additionally, through its subsidiary PNE Systems, the company offers EV charging solutions under the viveev brand including AC/DC chargers and dispensers. The company has over 25 years of experience supplying equipment to global battery manufacturers with one-stop solutions from R&D to customer delivery.

Differentiator

Problem solved

Functional benefit

Brands

• viveev: EV charger brand offering AC Charger, DC Charger, and Dispenser products for electric vehicle charging infrastructure.

Products and services

• Formation Equipment (화성장비)
• Assembly Equipment (조립장비)
• Cycler (Battery Performance Testing Equipment)
• Power Conversion (전력변환)
• viveev EV Charger (AC Charger, DC Charger, Dispenser)
• Next-generation EV Battery Evaluation System
• Battery Diagnostic Equipment and High-Speed Discharger
• Smart Factory Software Solution
• AI Battery Diagnosis Algorithm

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature5 records

Partnerships

Six partnerships are on record, tiered core and minor.

• PMGROWcoreStrategic or Co-development Partner · 10 February 2023Development of next-generation EV battery evaluation system. Combined AI algorithm technology with PMGROW's 10 years of EV battery operation data. Plans to launch 2-3 new products targeting US and European markets.
• SungEel HiTechcoreStrategic or Co-development Partner · 17 October 2022Development of diagnostic equipment for secondary battery characteristics and next-generation high-speed dischargers. Cooperation in providing diagnostic equipment to assess residual value of used batteries for recycling and reuse. SungEel HiTech is a leading battery recycling company in South Korea with operations in 6 countries.
• Mona ElectriccoreStrategic or Co-development Partner · 17 October 2022Expansion of secondary battery characteristics evaluation and diagnosis business. Development of battery characteristic diagnosis algorithm for quality inspection and SOH (State of Health) rapid diagnosis for battery lifecycle management from production to recycling.
• PIEcoreTechnology or Integration · 12 October 2022Smart factory software collaboration for battery production facilities. Development of smart factory software solutions, data-based equipment optimization, and maximizing mass production equipment efficiency. PIE provides AI-based smart factory solution 'DataCamp' and industrial intelligence platform 'LISA'.
• SOLUMminorStrategic or Co-development Partner · 15 September 2022Renewable energy power conversion technology cooperation. Joint development and commercialization of EV charger power modules. Promotion of miniaturization and high density of power converters for secondary battery chargers.
• GMminorStrategic or Co-development Partner · 1 January 2013MOU for EV charging infrastructure supply expansion with General Motors.

Scale indicators4 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Blue Power Technology: Korean manufacturer of secondary battery manufacturing and inspection equipment, including formation cyclers and pack testing. Comparable as a domestic Korean peer competing for similar cell maker customers on similar equipment categories.
• CIS Co., Ltd. Korean secondary battery equipment maker focused on formation, degassing, and packaging equipment for cylindrical and prismatic cells. Directly comparable as a fellow Korean mid-cap competitor in the same formation equipment segment.
• PNT Inc. Korean secondary battery equipment maker specializing in electrode coating, slitting, and formation equipment. Directly comparable as a fellow Korean mid-cap serving the same battery manufacturers with overlapping formation and process equipment.
• Dürr AG: German engineering group with a battery cell and pack production equipment business. Comparable because its HOMAG and production systems segments deliver turn-key battery assembly equipment to global automotive customers.
• ChargePoint: U.S. provider of networked EV charging hardware (AC/DC) and software, comparable to WONIK PNE's 'viveev' brand chargers and PNE Systems subsidiary. Material peer for the EV charging business unit although primary business model differences (network vs. hardware).
• Manz AG: German manufacturer of integrated production systems for lithium-ion battery cells and modules. Highly comparable as a Western alternative to WONIK PNE offering turn-key battery production equipment to European and U.S. customers.
• Yinghe Technology: Chinese manufacturer of lithium battery formation, grading, and assembly equipment. Comparable as a direct competitor in battery cell manufacturing equipment with similar product offerings and customer profile.
• Hirano Tecseed / Hirano Tec: Japanese specialist in battery electrode coating and formation equipment. Comparable as an Asia-based battery equipment maker competing in the same formation/assembly niche with global battery cell customers.
• Wuxi Lead Intelligent Equipment: China-based global leader in lithium-ion battery manufacturing equipment (formation, assembly, testing). Comparable because it offers the same product stack as WONIK PNE's core formation/assembly/cycler business — turn-key battery cell and pack production lines.

Broad incumbents

• ABB E-mobility: Global incumbent offering AC and DC EV charging infrastructure for automotive and depot applications. Comparable as an established broad player in the same EV charging hardware segment where WONIK PNE's viveev brand competes.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/wonikpne

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about WONIK PNE