BEAMSTART Logo

LG Energy Solution’s battery management business gains traction

Korea Economic Daily LogoKorea Economic Daily2d ago

LG Energy Solution’s battery management business gains traction - Korea Economic Daily

Quick Summary:

On Thursday, the South Korean battery giant unveiled its new business brand called ‘B.around,’ which offers not only battery condition monitoring software but also a safety and battery degradation diagnostics program and software-defined vehicle (SDV) platforms.“We have been striving for long time to develop (battery) safety diagnostics systems and are set to become a company providing solutions for safe use of batteries with the battery management software beyond battery manufacturing,” Lee Dal-hoon, vice president and head of the BMS R&D Center at LG Energy Solution, said at the Korea Advanced Battery Conference 2024 (KABC 2024) on the same day.

LG Energy Solution Ltd.has kicked off a battery management total solution (BMTS) business to offer automakers more advanced and comprehensive battery management services amid growing demand for safe electric vehicle batteries following a series of battery fire incidents.

BMS is designed to detect battery abnormalities by monitoring its condition and notify vehicle owners to ensure the battery’s optimal performance and safe use.But B.around offers more advanced and comprehensive AI-powered BMS services than conventional BMS services, LG Energy Solution said.


More Pictures

LG Energy Solution’s battery management business gains traction - Korea Economic Daily (Picture 1)LG Energy Solution’s battery management business gains traction - Korea Economic Daily (Picture 2)LG Energy Solution’s battery management business gains traction - Korea Economic Daily (Picture 3)

or

Article Details

Category: Economy

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-25 @ 17:00:57 (2 days ago)

News Timezone: GMT +8:00

News Source URL: kedglobal.com

Language: English

Article Length: 602 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 26 words per sentence (average)

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

Copyright Owner: © Korea Economic Daily

News ID: 22704379

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: 4 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 Solution’s battery management business gains traction" has 602 words across 24 sentences, which will take approximately 3 - 6 minutes for the average person to read.

Which news outlet covered this story?

The story "LG Energy Solution’s battery management business gains traction" was covered 2 days 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 4 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: #22704379
  • URL: https://beamstart.com/news/lg-energy-solutions-battery-management-17272526992

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.