- LG Power Answer to host ‘LGES Battery Problem 2022’ in search of start-ups with battery associated expertise to fund cutting-edge analysis in battery sector
- By worldwide competitors, LGES goals to take care of management in battery business
SEOUL, South Korea, July 30, 2022 /PRNewswire/ — LG Power Answer (LGES; 373220) continues its efforts to foster subsequent era battery applied sciences by inviting start-ups within the business. The battery producer stated it’s internet hosting the ‘LGES Battery Problem 2022,’ a world competitors to determine start-ups for potential funding and collaboration.
By this system, LGES is bringing collectively up and coming battery start-ups to maintain tempo with the fast-developing business, as rising variety of economies transition to renewable power. That is the third time the corporate is internet hosting the competitors.
Begin-ups, with the specialty in battery associated expertise, can participate on this yr’s Battery Problem. This yr’s program largely focuses on three main classes: battery applied sciences on supplies, administration and management, and sensible manufacturing facility. As many as 10 start-ups shall be chosen as finalists and every will obtain funding in addition to alternative for cooperation with LGES.
“By using packages like Battery Problem and Open Innovation, LGES goals to take care of its main place within the battery business,” stated Youngjoon Shin, CTO of LG Power Answer. “LGES will proceed to broaden battery-related analysis with promising start-ups in addition to distinguished students and educational organizations world wide.”
Functions shall be accepted by September 16 on the official web site (www.lgesbatterychallenge2022.com), which is about to go dwell on August 1 at 9AM (KST).
About LG Power Answer
LG Power Answer (KRX: 373220), a split-off from LG Chem, is a number one world producer of lithium-ion batteries for electrical automobiles, mobility, IT, and power storage methods. With 30 years of expertise in revolutionary battery expertise and in depth analysis and improvement (R&D), the corporate is the highest battery-related patent holder on the earth with over 24,000 patents. Its strong world community, which spans North America, Europe, Asia, and Australia, consists of battery manufacturing amenities established by joint ventures with main automakers corresponding to Basic Motors, Stellantis N.V. and Hyundai Motor Group. On the forefront of inexperienced enterprise and sustainability, LG Power Answer goals to realize carbon impartial operations by 2050, whereas embodying the worth of shared development and selling numerous and inclusive company tradition. To study extra about LG Power Answer’s concepts and improvements, go to https://www.lgensol.com.
SOURCE LG Power Answer