LG Energy Solution to Pioneer Battery Safety Diagnostics Software Business, Exploring Unlimited Business Extension Opportunities

In This Article:

  • Safety diagnostics software detects battery defects with an accuracy rate of over 90%, leveraging company's technological leadership backed by BMS development capabilities and empirical battery data accumulated over more than 20 years

  • Mounted on the BMS for automobiles, the software detects abnormal signs that could lead to an issue, and is compatible with EVs equipped with batteries from other manufacturers

  • Precise diagnosis and prediction of battery degradation made possible with AI and cloud technologies

SEOUL, South Korea, Aug. 20, 2024 /PRNewswire/ -- LG Energy Solution announced today that it is venturing into the battery safety diagnostics software business. With interest in the safety of EVs at an all-time high, the company has decided to explore new business opportunities and provide the best customer value not only in battery manufacturing but also in BMS (Battery Management System) solutions, promoting the safe use of batteries.

  • Safety diagnostics software detects battery defects with an accuracy rate of over 90%

LG Energy Solution boasts unrivaled technological leadership in the battery safety diagnosis sector with its BMS design capabilities and empirical battery data gathered over 20 years.

With over 8,000 BMS-related patents, the company has developed a safety diagnostics software based on empirical data obtained by disassembling and analyzing more than 130,000 battery cells and 1,000 battery modules. This reliable software has already been applied to more than 100,000 EVs, recording an impressive detection accuracy rate of more than 90%.

Based on its leading technological prowess, LG Energy Solution's safety diagnostics software analyzes various battery defects including voltage drop during charging, battery tab failure, micro internal short circuit, abnormal degradation, abnormal discharge, deviation in specific cell capacity, and excessive lithium precipitation.

Until now, most battery diagnostics software solutions were based on technologies developed by predicting virtual conditions, leading to low accuracy when applied in real environments.

  • Software preemptively detects abnormal signs that could lead to potential future issues 

The growing interest in the safe use of EVs highlights the importance of developing a sophisticated battery condition management, prompting automakers to pay more attention to the BMS' ability to effectively measure and analyze battery information and detect various problems in advance.

LG Energy Solution's safety diagnostics software, which will be mounted on the automotive BMS, will provide functions that preemptively diagnose various battery abnormalities. In fact, it is already being applied to vehicles from nine global automakers.