[Edaily Reporter Hyera Lee ] NanoTIM Co. Ltd.(417010)announced on the 22nd that it has signed a Memorandum of Understanding (MOU) with a local Chinese company to collaborate on thermal runaway cut-off materials and fire suppression systems for batteries used in electric vehicles (EVs), robots, and energy storage systems (ESS).

The partner company is Anhui Xingaoer New Materials Science and Technology Co., Ltd. (AGW). AGW maintains an extensive network of automotive manufacturers, ESS providers, and battery companies in China. It is also a subsidiary of a company that supplies vapor chambers to global smartphone manufacturers.
NanoTIM Co. Ltd. has begun mass production of thermal break pads for domestic electric vehicle models at its Ulsan plant, which was completed earlier this year. The next-generation thermal break pads, jointly developed by the company and its technology partner WOA, are characterized by achieving an NP (Non-propagation) level—meaning they suppress the spread of fire to adjacent cells in the event of a battery fire, enabling containment at the cell level. This collaboration includes not only thermal break pads but also fire suppression systems for battery fires.
Building on this agreement, NanoTIM Co. Ltd. plans to sign a specific business cooperation contract within the year and pursue joint development with local clients. The company stated that it expects to achieve tangible results in the Chinese market as early as next year through these efforts.
Choi Yoon-sung, CEO of NanoTIM Co. Ltd., said, “Through this MOU, we have laid the groundwork for entering the world’s largest electric vehicle market,” adding, “Centered on thermal runaway cutoff pads and fire suppression systems, we will expand our business into various battery markets, including not only electric vehicles but also robots and energy storage systems (ESS).”