LG takes steps toward cutting battery costs with improved feature

LG takes steps toward cutting battery costs with improved feature

This file photo shows a sign with Tesla’s logo outside a Tesla dealership in the United States. AP-Yonhap

By Kim Yoo-chul

During a recent battery event organized by Tesla, CEO Elon Musk said that he was aiming to set a $25,000 price target for electric vehicles (EVs) by 2023. This target is being considered quite ambitious as today’s least expensive EV model is about $38,000.

Many outstanding issues currently need to be addressed in terms of achieving EV manufacturers’ commitment to delivering mass-market products. But more precisely and importantly, realizing Tesla’s goal means finding new ways to cut costs through technology development.

The central question is, how will battery manufacturers sell batteries with better pricing and improved specifications. Currently, batteries make up more than 30 percent of the cost of EVs, in order to ensure the driver safety. Along with Tesla, all global automakers are in the midst of investing tens of billions of dollars to strengthen their EV portfolios, in addition to accessing a wide range of tax and other benefits from governments.

This trend is providing huge business growth opportunities for leading battery suppliers. Once battery suppliers develop specific ways to change and renew battery design so as to deliver better performance, then the chances will increase for them to get more battery orders from major EV makers.

LG Energy Solution (LGES), which is battling with China’s CATL for battery market supremacy, is taking steps towards mass-producing batteries with affordable prices and enhanced features, as it claims that some outstanding issues have been addressed before mass-producing enhanced solid-state batteries.

All batteries consist of cathode and anode components. But one of the key differences is that the materials being used differ, the core point being the amount of energy they can hold and consume. Automakers favor energy-dense materials and faster charging, even at high temperatures Celsius, without compromising fire risks. LGES’s refinements highlight the usage of silicon anodes in its solid-state battery technology.

In a statement, Friday, LGES said that its engineers teamed up with U.S. researchers for the creation of a new type of battery that weaves two promising battery sub-fields into a single battery. The battery uses both a solid-state electrolyte and an all-silicon anode, making it a silicon all-solid-state battery, as described in?the September issue?of the journal, Science.

“As battery researchers, it’s vital to address the root problems in the system. For silicon anodes, we know that one of the big issues is the liquid electrolyte interface instability. This new work offers a promising solution to the silicon anode problem, though there is more work to do,” UC San Diego?Nano-engineering?Professor Shirley?Meng was quoted as saying in the statement. She is also one of the authors of the paper.

Next-generation,?solid-state batteries with high energy densities have always relied on metallic lithium as an anode. But such reliance places restrictions on the battery charge rates, and the need for an elevated temperature (usually 60 degrees Celsius or higher) during charging. The silicon anode overcomes these limitations, allowing much faster charge rates at room to low temperatures, while maintaining high energy densities, the statement reported.

Internet Explorer Channel Network
News Related

OTHER NEWS

'We were like one big family,' Ma Dong-seok says of 'Eternals' cast

Actors Ma Dong-seok, right, and Angelina Jolie pose during an online press conference for the film, “Eternals.” Courtesy of Walt Disney Company Korea By Kwak Yeon-soo Ma Dong-seok, also known ... Read more »

Microsoft is ‘sorry' for angering developers by removing a key feature

Microsoft apologised to the open source community after facing a severe backlash against removing an important feature in the upcoming .NET 6 release. The .NET open source community was angered ... Read more »

Drone Footage Captures Four Active Vents at La Palma Volcano

Four active vents on the Cumbre Vieja volcano were visible on October 22, spewing lava and other volcanic material over La Palma, in the Spanish Canary Islands. The following morning, ... Read more »

Marvin Vettori overcomes a 'massive' Paulo Costa, who blamed an injury for weight issue

LAS VEGAS — Paulo Costa entered the Octagon at Apex on Saturday, his grudge match with Marvin Vettori only moments away. In 90 seconds, maybe two minutes, he’d be able ... Read more »

When Elon Musk ‘trolled' Apple CEO Tim Cook over a piece of cloth

NEW DELHI: Tesla CEO Elon Musk is known for his witty, weird and all kinds of tweets. Musk, in a tweet, has now made fun of Apple. Apple CEO Tim ... Read more »

S. Korea's seaport cargo up 8.1 pct in Q3 amid global rebound

SEOUL, Oct. 24 (Yonhap) — Cargo processed at South Korean seaports advanced 8.1 percent in the third quarter of this year as trade gained traction amid the global economic recovery ... Read more »

Beats Fit Pro release date, news, and rumors

It seems like the AirPods 3 aren’t the only pair of wireless earbuds Apple is set to launch this year, as the rumored Beats Fit Pro wireless earbuds may not ... Read more »

I tested The Rock's exercise headphones to see if I could go ‘Beast mode'

Dwayne ‘The Rock’ Johnson and I probably don’t have much in common. He’s a muscled ex-wrestler, while I’m an average-bodied writer. He’s a charismatic and energetic celebrity, while I’ve never ... Read more »

Here are the top Christmas Lego sets we hope are in the Black Friday sales

It’s a little ominous to think about, but we’re only two months out from Christmas, and once Black Friday 2021 it’s the next big thing in most people’s calendars. But ... Read more »

Why you should get a smartwatch now lockdowns are easing

COVID isn’t going anywhere soon, but the world is learning day by day how we might need to live with the virus and try to get back to some sort ... Read more »

The best budget keyboards 2021

Give the best budget keyboards a chance. You might find them just as capable and robust as the pricier keyboards. Although keyboards over $75/£75 come with their own perks – ... Read more »

The best motherboard 2021: the top Intel and AMD motherboards we've seen

Having the best motherboard you can afford is incredibly important. Don’t get too hung up shopping for the best processor or best graphics card when you’re upgrading or building a ... Read more »

GameStop PS5 restock: time, store locations, bundles, crowds – and when to get it next

Refresh 2021-10-22T04:56:17.105Z GameStop PS5 restocks in-store events remain rare (Image credit: Matt Swider / Instagram) The last time there was an in-store PS5 restock event in the US, it was ... Read more »

The Sopranos spin-off show may be coming to HBO Max

Even though The Sopranos prequel film The Many Saints of Newark has been a box office flop – just $11.4 million worldwide on a reported budget of $50 million – ... Read more »

CD Projekt Red's new studio is working on an ‘ambitious project'

CD Projekt Red has announced its acquisition of The Molasses Flood, a US studio best known for its survival titles such as The Flame in the Flood. As part of ... Read more »

Intel Alder Lake price leak suggests considerable hikes from 11th-gen CPUs

Intel’s Alder Lake processors, which could go on sale at the start of November, have appeared in yet another pricing leak, this time from major US retailer Micro Center. And ... Read more »

How to watch Barcelona vs Real Madrid: live streams, 2021 El Clasico time and more

This latest instalment of Spanish football’s greatest rivalry may lack some of the big names of the recent past, but should nevertheless provide the same level of intrigue and high-octane ... Read more »

I'm not waiting to buy an iPhone 13 on Black Friday - here's why you shouldn't either

It used to be heresy to suggest buying that shiny new iPhone in October. It is, after all, almost a full month before the traditional Black Friday iPhone deals land ... Read more »

Regulator takes action against Nissan, Porsche over false emissions info

(Yonhap)SEJONG — South Korea’s antitrust regulator said Sunday it has decided to order Nissan Motor Corp., Porsche AG and their two Korean units to take corrective steps for falsified information ... Read more »

This strange bug will play havoc with your gadgets tomorrow

At midnight on Sunday, October 24, 2021, a bug in a critical service will roll clocks back to March 2002, potentially confusing device owners around the world. The bug reportedly ... Read more »

Oppo's first foldable phone could be out next month

While we’ve recently seen some weird and wonderful prototype devices from Oppo that play around with what’s possible from a smartphone screen, we’re still waiting for a true foldable from ... Read more »

Sony State of Play October 2021: how to watch the PlayStation livestream

The next PlayStation State of Play presentation is happening soon, making it the first major showcase since Sony’s PS5 Showcase occurred in September 2021. Announced on the official PlayStation blog, ... Read more »

England vs West Indies live stream: how to watch T20 World Cup 2021 from anywhere

The reigning champions start their T20 World Cup defence with the most difficult fixture possible – a rematch of the extraordinary 2016 final. England, the top-ranked team in T20I cricket, ... Read more »

The best free-to-play Steam games 2021

The best free games on Steam should not be discounted. While they may come without the high-end graphics or big production of more expensive games, you can still enjoy them ... Read more »

How to change Alexa's name and end one of the worst things about an Echo

The voice assistants built into smart devices can prove extremely useful, setting timers, providing the weather report, and even controlling your smart home devices. They’re often heavily discounted on Black ... Read more »

MacBook Pro 14-inch (2021) vs MacBook Pro 13-inch (2020)

With the recent release of the MacBook Pro 14-inch (2021), you might have some questions regarding just how that stacks up against the MacBook Pro 13-inch (2020). Whether you already ... Read more »

Man United vs Liverpool live stream: how to watch Premier League online from anywhere

After all the edge-of-the-seat drama delivered by both these sides in the Champions League in midweek, this clash between these two old foes has a lot to live up to. ... Read more »

Best Horror VR Games you can play on Oculus Quest 2, PSVR and Valve Index

Halloween is fast approaching and we have the perfect trick to get you into the spooky season spirit: play one of these frightening horror VR games. If you find that ... Read more »

Get a free Google Pixel 6 with Verizon's deals this weekend

In case you hadn’t heard already – Google Pixel 6 deals have officially landed and this weekend’s brought some fantastic pre-order bonuses to consider. The frontrunner for value is Verizon ... Read more »

Forget Black Friday: epic deals on AirPods, iPads, Apple Watch, and the iPhone now

Black Friday deals are arriving earlier than ever, which means you can shop record-low prices right now on some of Apple’s best-selling devices, including AirPods, iPads, the Apple Watch, the ... Read more »

Adapting Dune: Denis Villeneuve on bringing Frank Herbert's sci-fi epic to life

How do you go about adapting Dune? It’s a question that numerous studios and filmmakers have struggled to answer, including legendary director David Lynch. And with good reason. On the ... Read more »

Strictly star Anton du Beke opens up about secret wedding

Anton Du Beke is wowing in his new role as a full-time judge on Strictly Come Dancing – and has revealed that he sprung the idea of marriage on his ... Read more »

Kitten Tiny Tim ‘doing amazingly' after being found alone in garden at week old

A kitten nicknamed Tiny Tim is “doing amazingly” after being found in a garden away from his mother. The cat is believed to have been around a week old when ... Read more »
On free-english-test.com you will find lots of free English exam practice materials to help you improve your English skills: grammar, listening, reading, writing, ielts, toeic