LG Energy Solution aims to bring a breakthrough battery production technology to market in 2028, as the Korean cell manufacturer seeks to better compete with Chinese rivals.
Companies from Tesla to Samsung SDI are working on dry-coating technology, a process that aims to replace the energy-intensive wet process for making cathode and anode electrodes — a key component of electric car batteries. The search for cheaper, more environmentally friendly ways to produce batteries is becoming increasingly urgent as demand for electric vehicles slows.
“LG is the best among battery competitors” in dry coating technology, Kim Je-young, who became chief technology officer of LG Energy Solutions in December, said in an exclusive interview at the company’s headquarters in Seoul. “We started 10 years ago.”
