LS Cable to supply bus ducts to NextStar Energy
LS Cable & System will supply its latest power cables to NextStar Energy, an electric vehicle (EV) battery maker jointly launched by battery firm LG Energy Solution and carmaker Stellantis, according to the country’s leading power cable developer Monday.
LS said it will start supplying bus ducts to the EV consortium. A bus duct is an electricity distribution system inside a metal casing. It can be separated into multiple 카지노사이트킹 parts and assembled back together, facilitating customized installation. It also saves electricity use by up to 30 percent compared to regular power cables.
NextStar Energy is currently building a new large-scale plant in Canada’s Windsor, Ontario, to which LS will ship the products.
“North America is showing rapid growth in the EV, battery, semiconductor and data center markets,” an LS official said. “We expect that bus duct sales to the continent will reach $100 million each year starting 2030.”
The soaring artificial intelligence industries worldwide require increasing support from data centers, and the trend will lead to rising demand for bus ducts, the official said. Bus ducts’ biggest strength is that they can maximize efficiency in distributing electricity to data centers that consume a huge volume of power.
LS said that the company’s subsidiary LS Eco Energy, which targets power cable markets in Southeast Asian countries, will manufacture bus ducts for export with its plants in Vietnam and Mexico.