WILCO Co., Ltd. (CEO Park Sang-won), a leading manufacturer specializing in low dielectric constant materials and copper-clad laminates (CCL), announced on the 18th that it has been selected by the Korea Institute for Advancement of Technology (KIAT) for the "Materials and Components Industry Technology Development Infrastructure Project."

This national initiative focuses on the mass production and performance validation of thermal runaway mitigation materials (sheets) for electric vehicle (EV) battery packs.

Wilco has been developing and testing this material to apply it to electric vehicles scheduled for production from the end of this year. The thermal runaway mitigation material for EV battery packs developed by Wilco incorporates a special flame-retardant coating, offering superior heat resistance, flame retardancy, and electrical insulation. In the event of a fire, it can maintain the temperature on the side opposite the heat source below 300 degrees Celsius.

"We aim to secure mass production quality through this national project," said CEO Park Sang-won. "We are committed to contributing to the enhancement of electric vehicle safety."

Furthermore, Wilco is developing a Cell-to-Cell (C2C) surface pressure pad based on its proprietary technology for manufacturing boron nitride agglomerated composite particles. This product is used between battery cells within an EV battery module. It features excellent thermal conductivity for efficient heat dissipation, along with thermal insulation between cells, flame retardancy, and electrical insulation. Its thin profile not only maximizes space efficiency but also provides vibration and shock resistance to protect against external impacts.

Wilco anticipates that once its thermal runaway mitigation material for EV battery packs enters mass production, it will significantly improve the safety of electric vehicles. The company aims to usher in a new era of efficient EVs through collaboration with industry partners.

Meanwhile, WILCO's technological capabilities have been recognized by investors. The company secured investment from Hansae Yes24 Partners in December last year and from Daekyo Investment in May this year.