[Edaily Reporter Shin Ha-yeon] #Solus Advanced Materials is up over 17% in early trading.
According to MP Doctor on the 10th, as of 9:25 a.m. today, Solus Advanced Materials is trading at 11,850 won, up 17.22% from the previous trading day.

This is interpreted as a result of Solus Advanced Materials’ battery foil production base in Canada coming into focus, stimulating investor sentiment amid expectations that demand for the localization of battery supply chains in North America will expand.
Solus Advanced Materials stated today that demand for battery foil and batteries in North America is expected to grow as the California Air Resources Board (CARB) continues to enforce its “ACC2 (Advanced Clean Cars 2)” zero-emission vehicle regulations and policies promoting the local establishment of battery supply chains.
Recently, concerns have been raised in the U.S. about a potential slowdown in market growth due to moves to reduce electric vehicle tax credits and relax environmental regulations. However, analysts assess that actual consumer trends and state-led policy directions still point toward the widespread adoption of electric vehicles.
Although policy changes at the federal level—such as reductions in EV incentives and the relaxation of emissions standards—have been pursued since the launch of the second Trump administration, ACC2 remains independently maintained as a state-level policy. Consequently, the industry anticipates that this regulation alone will drive the U.S. EV penetration rate from approximately 9% in 2025 to around 20% by 2030. This represents more than double the current sales volume.
The battery market is also expected to grow in tandem. Along with the spread of electric vehicles, demand for energy storage systems (ESS) is rapidly increasing, and recently, expanded investment in power infrastructure driven by the proliferation of artificial intelligence (AI) data centers has emerged as a new factor driving demand for ESS batteries.
Solus Advanced Materials is currently building a battery foil production facility in Canada, following its facility in Europe. A company official explained, “This plant will serve as a hub for mass-producing and supplying battery foil in North America, and we expect it to play a crucial role in helping our customers diversify their supply chains and meet local procurement demands.”