BEAMSTART Logo

LG Energy looks to battery safety diagnosis software business

Korea Economic Daily LogoKorea Economic Daily1h ago

LG Energy looks to battery safety diagnosis software business - Korea Economic Daily

Quick Summary:

AIDED BY AI, CLOUD TECHIn addition to a safety diagnosis function, LG said its software also accurately predicts batteries’ remaining capacity and degradation, aided by artificial intelligence and cloud computing technology.“With our advanced technology, we have reduced the error rate of our battery degradation diagnosis to the 1% range, a top level in the industry,” LG said.

The company said its BMS software and technology are compatible with EVs equipped with batteries from other manufacturers.“Although automakers have already begun to shift their attention to safety diagnosis technology, it takes time and resources to develop and apply reliable diagnosis software,” said Chung Hyuk-sung, vice president of the Business Development Group at LG Energy Solution.

The South Korean battery maker said it will work closely with automakers to deploy its battery management system (BMS) and collaborate with companies such as Qualcomm Technologies Inc.and Analog Devices Inc.(ADI) to advance its BMS technology further.“We will provide irreplaceable and differentiated customer value, not only in battery manufacturing but also in the field of BMS solutions to ensure the highest level of safety and performance,” said Chief Executive Kim Dong-myung.


More Pictures

LG Energy looks to battery safety diagnosis software business - Korea Economic Daily (Picture 1)LG Energy looks to battery safety diagnosis software business - Korea Economic Daily (Picture 2)LG Energy looks to battery safety diagnosis software business - Korea Economic Daily (Picture 3)LG Energy looks to battery safety diagnosis software business - Korea Economic Daily (Picture 4)

or

Article Details

Category: Economy

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-21 @ 17:25:17 (1 hours ago)

News Timezone: GMT +8:00

News Source URL: kedglobal.com

Language: English

Article Length: 500 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Korea Economic Daily

News ID: 22192164

View Article Analysis

About Korea Economic Daily

Korea Economic Daily Logo

Main Topics: Economy

Official Website: kedglobal.com

Update Frequency: 18 posts per day

Year Established: 1964

Headquarters: South Korea

News Last Updated: 1 hours ago

Coverage Areas: South Korea

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #91

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "LG Energy looks to battery safety diagnosis software business" has 500 words across 20 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Which news outlet covered this story?

The story "LG Energy looks to battery safety diagnosis software business" was covered 1 hours ago by Korea Economic Daily, a news publisher based in South Korea.

How trustworthy is 'Korea Economic Daily' news outlet?

Korea Economic Daily is a fully independent (privately-owned) news outlet established in 1964 that covers mostly economy news.

The outlet is headquartered in South Korea and publishes an average of 18 news stories per day.

It's most recent story was published 1 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #22192164
  • URL: https://beamstart.com/news/lg-energy-looks-to-battery-17242299675254

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

© Copyright 2024 BEAMSTART. All Rights Reserved.