There are about 34,000 golf courses around the
world, with approximately 1.1 million golf carts
serving golfers. Among this massive fleet of golf
carts, thirty-five percent uses fossil fuel engines,
and sixty-five percent is powered by lead storage
batteries. Lithium-ion battery golf carts only take
up around one percent of the entire market at
this initial point, but thanks to the various ad-
vantages explained in the previous section, it is
expected that the share of golf carts powered
by this advanced battery will grow explosively to
fourteen percent this year.
One golf cart requires 350 to 600 cylindrical
battery cells, and if the transition to a lithium-ion
battery of all golf carts in the world, the mar-
ket would grow into a place where a staggering
number of forty billion cells of batteries are sold.
Looking at this promising picture of growth, the
lithium-ion battery industry and golf cart industry
are cooperating to launch lithium-ion golf carts in
the market.
Lithium-ion batteries used in golf carts usually
take cylindrical forms. Samsung SDI is an unri-
valed leader in the cylindrical battery market, with
products that have high output and longer lifes-
pan. In addition to laptop computers, the compa-
ny is expanding its market to power tools, electric
bicycles, and electric vehicles.
In recent years, Samsung SDI advanced into the
golf cart industry by developing a battery man-
agement system (BMS) that manages battery
efficiency, charge status, and battery life, which
is optimized for golf carts. The technology was
widely acknowledged in the industry, and the
company began its effort to expand the market
in earnest. As a start, collaboration with Korea’s
leading golf card companies DY and Kukje Inter-
trade was made, and Samsung SDI is increasing
its supply of lithium-ion cell batteries, and this
year, it began supplying battery cell to its first
global brand, E-Z-GO.
Using the supply to E-Z-GO as a stepping stone,
Samsung SDI plans to continue developing lith-
ium-ion batteries with unrivaled output and
lifespan, as well as battery solutions to find new
markets and lead the industry.
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APRIL 2020
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