LG Science Park CEO Park Il-pyeong said, “GM Bolt will be equipped with 60-70% of LG components, making it a leading brand in integrated mobility.”

“LG provides an integrated electric vehicle solution that includes batteries and powertrains, which are core electric vehicle components, as well as vehicle cabin solutions and content platforms.”

In his keynote speech at the ‘World Electric Vehicle Symposium and Exhibition (EVS37)’ held at COEX in Seoul on the 24th, LG Science Park CEO Park Il-pyeong said, “LG ​​supplied about 60-70% of the parts installed in the GM ‘Bolt’.” “In the field of electric vehicles, LG has diverse capabilities spanning batteries, powertrains, chargers, cabin solutions, and content platforms,” he said.

LG plans to maximize synergy between affiliates and continue to increase its brand power in innovative future mobility technologies beyond home appliances.

LG has set energy density, charging performance, safety, price competitiveness, and sustainability as key research and development keywords for future mobility innovation.

CEO Park said, “To compete with internal combustion engine (ICE) vehicles, we must make electric vehicles a competitive alternative through fast charging performance, high battery energy density, and an efficient manufacturing process that reduces carbon impact.” He added, “Batteries are still the only cost of producing electric vehicles. “It accounts for about 40% of the market and is in an unfriendly regulatory situation, so many problems need to be resolved,” he said.

He also predicted, “It will become more important than ever to provide mobility solutions that can deliver higher performance from smaller and lighter batteries while providing lower costs.”

CEO Park announced that he is developing lithium-sulfur battery technology, the next generation battery technology. Currently, the energy density of lithium-ion batteries is 280 to 300 watt hours (Wh) per kilogram, but lithium-sulfur batteries increase to more than 500 watt hours (Wh). Theoretically, for the same energy output, the weight is reduced by about 60%.

We also introduced examples of integrating major electric vehicle components by structure and function, such as motors, inverters, gearboxes, onboard chargers, DCDC converters, and high-voltage distributors. Its strength is that it can reduce costs while simultaneously reducing the design space and weight of electric vehicles.

LG is seeking to expand its ‘LG Alphable’, which integrates automobile cabin solutions, and ‘LG Alphaware’, an SDV solution, along with electric vehicle parts.

CEO Park said, “In addition to innovative battery and power technology, we are improving the indoor environment of customers’ cars with the latest people-centered cabin solutions.” He added, “We have added ‘LG Alphaware’ and ‘LG Alphable,’ which combine both hardware and software functions, to create a total solution. “We will provide electric vehicle solutions,” he said.

Reporter Bae Ok-jin [email protected]