LG plans to develop next-generation EV batteries

Share

With the signing of the agreement, U.S. company 3M has granted LG Chem a license to a number of its U.S. patents as well as all global equivalents which include South Korea, Taiwan, Japan, China and Europe. The patents relate to the use of NCM in lithium-ion batteries.

This next-generation storage cell with NCM cathodes development is expected to increase efficiency and lower costs. The cathode materials can be tailored through composition and morphology changes to meet a wide range of customer requirements from portable devices to electric vehicles.

The main aim, with this acquired know-how, is the development of a new storage cell chemistry for affordable electric cars with a 320 km driving range by 2017. LG Chem is going to be working on developing large-capacity lithium-ion batteries that hold between 80 and 120 kWh with a single-charge-range target of 300-500 km.

LG Chem has been thus far producing lithium-ion batteries based on manganese spinel chemistry for automobile companies like Chevy, Ford, Hyundai and Renault. This year, LG Chem also bagged a deal with Daimler for battery supply for the new range of Smart electric vehicles. "LG Chem is a leader in the electric vehicle battery field, and NCM cathode compositions have shown significant benefit in large format applications, like electric vehicles," said Christian Milker, business manager, 3M Electronics Materials Solutions Division. "This license will accelerate the adoption of NCM technology to meet the growing demand for electric vehicles worldwide."

pv magazine recently published a Storage Special, with in-depth features, interviews, market analysis and 20 of the most exciting battery technologies of the moment. It is available to download for free.

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.

Popular content

Waaree unveils 730 W dual-glass heterojunction solar module

07 October 2024 Waaree has showcased an n-type dual-glass photovoltaic panel with a power conversion efficiency of up to 23.5%.

Share

Leave a Reply

Please be mindful of our community standards.

Your email address will not be published. Required fields are marked *

By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.

Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.

You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.

Further information on data privacy can be found in our Data Protection Policy.