The government is opening up industrial research and development (R&D) to foreign institutions to discover and develop key technologies in areas vulnerable to becoming weak links in South Korea’s flagship industry value chains, such as “technology critical for leapfrogging,” “next-generation growth-
The government is driving the development of next-generation batteries with significantly improved energy density and safety.On Nov. 29, the Ministry of Trade, Industry, and Energy (MOTIE) announced that the “High-performance Next-Generation Secondary Battery Technology Development Project for Eco-f
In the first half of this year, the combined research and development (R&D) investments of Korea’s leading battery manufacturers, LG Energy Solution, Samsung SDI, and SK innovation, surpassed 1 trillion won for the first time on a half-year basis.According to industry sources on Aug. 16, the R&D inv
Since 1992, LG Energy Solution has been the pioneering domestic enterprise in secondary battery research, continuously cultivating its innovative capacity.LG Energy Solution operates Research & Development (R&D) centers in Korea, China, the U.S., and Europe. Over the past decade, the company has pou
The South Korean government announced on April 20 that 20 trillion won (US$15 billion) would be invested until 2030 so that the world’s first all-solid-state battery commercialization can be achieved by South Korea.According to the government’s plan, LG Energy Solution, Samsung SDI, and SK On will b
The Korea Advanced Institute of Science and Technology (KAIST) announced on Jan. 19 that its research team led by professor Lee Jin-woo has developed an energy density- and duration-improved lithium-sulfur battery together with a POSTECH research team of professor Han Jung-woo and LG Energy Solution
The Presidential Transition Committee said on May 5 that it is formulating a battery industry roadmap so that more R&D can be led by the private sector, the government can focus on manpower training and basic research, and South Korean EV battery manufacturers can keep leading the global market.“Wit
LG Chem has successfully tested a high-altitude flight of an unmanned aerial vehicle powered by next-generation batteries.LG Chem announced on Sept. 10 that an EAV-3 drone powered by its newly developed lithium-sulfur batteries successfully flew in the stratosphere.The EAV-3, developed by the Korea
Hyundai Motor Group senior vice chairman Chung Eui-sun and LG Group chairman Koo Kwang-mo met at LG Chem's Ochang plant in Cheongju, North Chungcheong Province, on June 22, and exchanged opinions on future electric vehicle (EV) batteries.The Ochang plant is a future production base for LG Chem,
Korean researchers have succeeded in improving the performance of lithium-sulfur secondary batteries that are regarded as an althernative to conventional lithium-ion batteries.The Korea Advanced Institute of Science and Technology (KAIST) announced on Jan. 27 that its research team led by Prof. Lee