Here are some highlights from LG Energy Solutions recent roadmap presented at South Korea’s “Battery Day 2021”

LG Energy Solutions EV, revealed

• Goal to be the top EV battery manufacturer by increasing sales to $27 billion by 2024-260GWh production capacity by 2023 (world’s highest battery production capacity)
• Introduce high-nickel NCMA batteries with 80% nickel content and silicon-based anode materials for large and full-sized luxury EV’s
• Medium-sized EV’s  batteries will contain at least 65% nickel content.
• Target small electric vehicles with cathode materials that are 10 to 20% cheaper
• Introduce dry electrode manufacturing starting from 2023.
• Commercialize lithium-sulfur (LiS)  by the end of 2025 ( both electric flight & EV’s)
• All-solid-state batteries sometime between 2025 and 2027.
• Development of sulfur-based all-solid-state battery and high-polymer all-solid-state battery technologies at the same time.