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R&D

Open Innovation

LG Energy Solution is expanding collaborations with academia, industry, and startups to resolve challenging obstacles and accelerate the technological development of batteries.

Battery Innovation Contest (BIC)

University/Institution Research Grant Program

Innovative discoveries and ideas are often generated in the labs of universities/institutions. Through the Battery Innovation Contest (BIC), LG Energy Solution supports R&D expenses of the battery researchers to encourage more challenging research. Researchers are guaranteed freedom to design and conduct experiments in their own creative approaches, and the direction of technology development will be discussed with LG researchers so that their innovative ideas can be transformed into commercialization.

Open Submission for Start-Ups & SMEs (OSS)

Looking for technology collaboration partners.

“Open Submission for Start-Ups & SMEs” is LG Energy Solution’s open innovation channel, designed to foster ongoing collaboration with start-ups and enterprises on diverse topics. Proposals submitted through this program are matched with internal experts, reviewed, and provided with opportunities for technology evaluation and collaboration. Based on the results of the Proof of Concept (PoC), further opportunities may be offered, including joint R&D with LG Energy Solution, equity investment, and partnership agreements.

The Battery Challenge (BC)

Growing together with start-ups.

A biennial event, hosted by LG Energy Solution and run by American startup accelerator New Energy Nexus, where selected startups cooperate to conduct joint R&D and venture projects, resulting in a win-win growth.