In this article we’ll see who is using the most advanced battery chemistries and what’s coming soon.
Currently, most important advancements are being made at the cathode level, by increasing the nickel while reducing the cobalt content it’s possible to get cheaper and higher density battery cells.
LG Chem
Interview with LG Chem CFO Chung Ho-Young (translated by Google):
Q) This is a question about medium and large batteries. I am wondering how the NCM811 next generation battery development is proceeding. A) Batteries using NCM 811 cathode materials are mass-produced for electric buses. Third-generation batteries are a major direction of development to increase energy density, reduce cost, and improve charging performance. For this purpose, the nickel content is basically increased, the specific gravity of cobalt is reduced from the viewpoint of cost, and the artificial graphite is applied for rapid charging.