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LG Power Resolution Brings in Begin-ups to Foster Subsequent Technology Battery Expertise

by Index Investing News
July 31, 2022
in Markets
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  • LG Power Resolution to host ‘LGES Battery Problem 2022’ in search of start-ups with battery associated know-how to fund cutting-edge analysis in battery sector
  • By worldwide competitors, LGES goals to take care of management in battery trade

SEOUL, South Korea, July 30, 2022 /PRNewswire/ — LG Power Resolution (LGES; 373220) continues its efforts to foster subsequent technology battery applied sciences by inviting start-ups within the trade. The battery producer mentioned it’s internet hosting the ‘LGES Battery Problem 2022,’ a global competitors to establish 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 trade, as rising variety of economies transition to renewable vitality. That is the third time the corporate is internet hosting the competitors.

Begin-ups, with the specialty in battery associated know-how, can participate on this 12 months’s Battery Problem. This 12 months’s program largely focuses on three main classes: battery applied sciences on supplies, administration and management, and sensible manufacturing unit. 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 trade,” mentioned Youngjoon Shin, CTO of LG Power Resolution. “LGES will proceed to broaden battery-related analysis with promising start-ups in addition to distinguished students and educational organizations around the globe.”

Functions shall be accepted by means of September 16 on the official web site (www.lgesbatterychallenge2022.com), which is ready to go dwell on August 1 at 9AM (KST). 

About LG Power Resolution

LG Power Resolution (KRX: 373220), a split-off from LG Chem, is a number one world producer of lithium-ion batteries for electrical autos, mobility, IT, and vitality storage methods. With 30 years of expertise in revolutionary battery know-how and in depth analysis and growth (R&D), the corporate is the highest battery-related patent holder on the planet with over 24,000 patents. Its strong world community, which spans North America, Europe, Asia, and Australia, contains battery manufacturing amenities established by means of joint ventures with main automakers equivalent to Basic Motors, Stellantis N.V. and Hyundai Motor Group. On the forefront of inexperienced enterprise and sustainability, LG Power Resolution goals to attain 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 Resolution’s concepts and improvements, go to https://www.lgensol.com.

SOURCE LG Power Resolution



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Tags: BatteryBringsEnergyFosterGenerationSolutionStartupsTechnology
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