"Let's Create a Battery the World Has Never Seen" LG Energy Solution to Host Technology Contest

[Asia Economy Reporter Choi Dae-yeol] LG Energy Solution announced on the 9th that it is holding a battery technology contest and accepting technical proposals until the 30th of next month.

Called the ‘Battery Innovation Contest 2021,’ this event targets domestic and international universities and research institutions, and anyone including scholars and researchers can participate. Proposals can be made on any topic related to batteries. The company expects various proposals related to safety, longevity, cost, and more.

The company will form a selection committee consisting of internal experts to evaluate the proposals considering technological innovation and marketability. Selected projects will be notified to applicants in November. If chosen as a final project, the university or research institution will receive an average annual research and development fund of $150,000 and be provided with opportunities for personnel and technology exchange, including dispatching company researchers for at least one year.

Kim Myung-hwan, President (CPO) of LG Energy Solution, who oversees production and purchasing, stated, "Through open innovation, we will actively utilize the collective intelligence’s research experience and innovative research achievements worldwide and do our best to develop next-generation battery technologies that will lead the future battery industry."

Earlier, the company held an online seminar in June to understand the latest trends in battery technology and facilitate exchanges among domestic and international scholars. This is part of efforts to maintain technological leadership as a leading company in the global battery market.

This content was produced with the assistance of AI translation services.