LG unveiled its new dry-coating technology, which promises to significantly lower battery production costs and reduce its environmental impact.
Kim Je-Young, LG’s Chief Technology Officer, announced in an interview with Bloomberg that the company is ready to start battery production using dry coating technology.
This innovative method allows them to be manufactured in a more efficient and environmentally friendly way, reducing production costs by 17% to 30%.
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Currently, battery manufacturing is based on a wet method, which requires dissolving chemicals in toxic solvents and drying them at high temperatures, consuming a lot of energy.
Dry coating, on the other hand, eliminates the need to humidify and dry the electrodes, saving on equipment and energy costs.
Sustainability
LG stresses that it is also a more environmentally friendly process and takes up 15% less factory space.
LG plans to complete its first pilot manufacturing line with dry coating in the last quarter of this year and start mass production in 2028.
This breakthrough will not only lower prices, it will also reduce the environmental impact of battery production, replacing the current method.
LG was able to apply this process to both anodes and cathodes, making a significant difference in the race to lead the battery market.
LG‘s announcement may represent a blow to China’s hegemony in battery production. CATL, an Asian company that dominates the market, is also trying to implement this technology, but LG seems to be one step ahead.
This technological breakthrough could be a turning point in the electric car industry, making vehicles more affordable and increasing the competitiveness of South Korean manufacturers.
