Battery operation data is provided free of charge to Kangwon National University, Gyeongsang National University, and Pohang University of Science and Technology.

PM Grow, a leading company in the battery circular economy, announced on the 30th that it has signed a "university-industry cooperation project" agreement with multiple domestic universities to provide battery data obtained through its battery subscription service for research purposes.

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PM Grow signed an agreement with professors from Kangwon National University, Gyeongsang National University, and Pohang University of Science and Technology, who expressed their interest in participating in this university-industry cooperation project, to provide electric vehicle battery data free of charge and support its use for research and development.

Through this free provision of battery data, meaningful progress is expected in research on optimizing the performance of electric vehicle batteries, improving safety, and promoting reuse. The research results are expected to contribute to the discovery of new businesses as well as various academic materials and presentations.

The data provided by PM Grow to universities is operation data and charging/discharging data collected over the past six months through battery subscription services. This includes all battery history information for electric vehicles, such as battery status, charging history, and vehicle mileage.

This agreement goes beyond the simple provision of data, focusing on establishing a foundation for meaningful joint research in electric vehicle battery technology through collaboration between academia and industry. Universities can receive industry field data that is difficult to obtain in the laboratory through specialized companies. This enables them to conduct research and development on a wide range of topics, such as: △ Battery life prediction research and development △ Establishment and evaluation of optimal charge and discharge profiles △ Development of anode active materials for high-speed charging and discharging and solid-state electric technology △ Problem and solution of using secondary battery materials △ Main charging environment and battery degradation behavior △ Battery pack state estimation. This will allow them to produce applied research materials and new concept practical technologies.

The industry believes that if platform services are established in the electric vehicle sector for technology and service companies that have been proven in traditional internal combustion engine fields such as insurance, maintenance, finance, and used cars, they will actively introduce specialized customized services. PM Grow is planning this university-industry cooperation project with the aim of acting as a catalyst in creating such a foundational environment.

"Because we directly operate the battery subscription service business, we have been able to collect a vast amount of electric vehicle data," said Jaehong Park, CEO of PM Grow. "Based on the collected big data, we are using AI algorithms to predict battery aging and remaining life, providing 'Whatever' and 'Wattproof' services. We are providing this data to universities to promote the development of the battery circular economy. We will continue to expand these cooperative projects and play a leading role in the emergence of new electric vehicle business models and services.”

Sangwoo Kim, a professor at Pohang University of Science and Technology, said, "Until now, it has been difficult to obtain real-world data because neither battery cell manufacturers nor electric vehicle OEM suppliers had it. Therefore, even when we tried to use it for research, we were stuck. We are grateful to PM Grow for providing this field data, which will be very helpful for research on battery pack capacity reduction and failure due to electric vehicle battery degradation."

About PM Grow

PM Grow was the first company in Korea to launch an electric vehicle battery subscription service in 2020. It collects and accumulates a vast amount of big data by collecting real-time data from various electric vehicles, including electric buses, taxis, and rental cars. It has key technologies for collecting and refining operational data by installing OBD (battery information collection devices) on vehicles. Through this big data and its proprietary AI algorithms, it provides accurate information necessary to activate electric vehicle platform services, such as battery remaining life prediction. The level of this measurement and diagnosis technology has reached a stage where it can certify battery status to within 95%±2%. Due to this technology, objective value evaluation and price determination of electric vehicle batteries are possible in fields such as finance, insurance, maintenance, and used cars. This allows PM Grow to provide electric vehicle-dedicated platform services.

Website: http://www.pmgrow.co.kr

Contact
PM Grow
Management Support Division
Manager Gowoon Kang
02-6232-2544