{"id":36646,"date":"2024-07-25T05:05:00","date_gmt":"2024-07-25T10:05:00","guid":{"rendered":"https:\/\/latamobility.com\/?p=36646"},"modified":"2024-07-24T16:46:06","modified_gmt":"2024-07-24T21:46:06","slug":"lg-makes-great-leap-in-technology-to-lower-battery-costs","status":"publish","type":"post","link":"https:\/\/latamobility.com\/en\/lg-makes-great-leap-in-technology-to-lower-battery-costs\/","title":{"rendered":"LG Makes Great Leap in Technology to Lower Battery Costs"},"content":{"rendered":"\n

LG <\/strong>unveiled its new dry-coating technology<\/strong>, which promises to significantly lower battery production costs and reduce its environmental impact.<\/p>\n\n\n\n

Kim Je-Young, LG’s Chief Technology Officer<\/strong>, announced in an interview with Bloomberg <\/em>that the company is ready to start battery production using dry coating technology.<\/p>\n\n\n\n

This innovative method allows them to be manufactured in a more efficient and environmentally friendly way, reducing production costs by 17% to 30%.<\/strong><\/p>\n\n\n\n

You may also read:<\/strong> BYD and CATL Lead Battery Market<\/strong><\/a><\/p>\n\n\n\n

Currently, battery manufacturing is based on a wet method<\/strong>, which requires dissolving chemicals in toxic solvents and drying them at high temperatures, consuming a lot of energy.<\/p>\n\n\n\n

Dry coating<\/strong>, on the other hand, eliminates the need to humidify and dry the electrodes, saving on equipment and energy costs.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Sustainability<\/strong><\/h2>\n\n\n\n

LG <\/strong>stresses that it is also a more environmentally friendly process and takes up 15% less factory space<\/strong>.<\/p>\n\n\n\n

LG <\/strong>plans to complete its first pilot manufacturing line with dry coating in the last quarter of this year and start mass production in 2028.<\/strong><\/p>\n\n\n\n

This breakthrough will not only lower prices, it will also reduce the environmental impact of battery production, replacing the current method.<\/strong><\/p>\n\n\n\n

LG <\/strong>was able to apply this process to both anodes and cathodes, making a significant difference in the race to lead the battery market.<\/p>\n\n\n\n

LG<\/strong>‘s announcement may represent a blow to China’s hegemony in battery production<\/strong>. CATL<\/strong>, an Asian company that dominates the market, is also trying to implement this technology, but LG seems to be one step ahead.<\/p>\n\n\n\n

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.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

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. 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