Industrial chain coordinated response to market challenges
Under the general trend of electric development of the global automobile industry, the growth of the global electric vehicle market has shifted from "regulation driven" to "user driven". Driven by global companies' aggressive electrification marketing strategies, consumers' continued demand for high-end new energy models, and high oil prices, the EV market is poised for further growth. At the same time, with more models in line with the market demand, will also attract more potential customer groups. Accordingly, it poses a higher challenge to the synergy of the globalized new energy automobile industry, and the stable and high-quality synergy of the industrial chain has also become the key.
In order to promote the rapid growth of the electric vehicle market, LG new energy to industry, operation, innovation in a trinity of collaboration, focus on technical advantages, relying on a complete global production layout, in response to the changing market environment, to provide customers with stable high-quality products, leading the development of the industry.
LG New Energy has established production bases in major regions of Asia, North America and Europe, relying on stable production capacity to achieve excellent delivery capacity. It is expected that in 2025, LG New Energy's global production capacity will increase to 540GWh to fully meet the growing electric vehicle market. In addition, the establishment of intelligent factory system can also maximize the improvement of production efficiency. Deep insight into terminal consumers' four core challenges to the driving range, charging, price and safety of new energy vehicles. LG New Energy provides customers with comprehensive and secure battery solutions by continuous development and innovation in materials and processes. "We have the leading high-nickel four-element lithium battery technology, which is also the core technology to achieve the long range of electric vehicles," Shin said. The four-element lithium battery technology can inhibit the adverse reactions on the surface of the cathode material, while improving the number of battery cycles and safety. In addition, we will also strive to develop high efficiency silicon materials, the goal is to achieve high efficiency and fast charge within 15 minutes. At the same time, we will simplify production processes and facilities as much as possible to reduce production costs and improve product price competitiveness." LG New Energy will continue to deepen its soft pack and cylindrical battery technology, give full play to its technological advantages, and strive to provide customers with higher energy density and cost-effective goals.< p>
< P >< P > In order to transition to renewable energy, achieve carbon neutrality and cope with climate change, LG New Energy takes the mission of carbon neutrality throughout the value chain. Among them, the launch of BaaS(battery as a Service) aims to create greater added value through battery life cycle management. Another EaaS(Energy as a Service) ensures efficient management and use of scarce resources, helping to promote clean energy conversion. In addition, LG New Energy has joined the RE100 initiative. By 2020, LG New Energy's renewable energy conversion rate reached 33 percent, ranking first among 14 Korean companies that have joined the RE100. In the future, LG New Energy will continue to fulfill its mission and responsibility, actively explore a more sustainable and high-quality development path, and plan to achieve the goal of RE100 20 years ahead of schedule, to achieve 100% renewable electricity in every production base worldwide by 2025, and 100% renewable energy in all business sites by 2030.
< /p>< /p>LG New Energy promotes the green and low-carbon transformation of the industry from multiple dimensions such as energy upgrading, scientific and technological innovation and production collaboration, and contributes industrial strength to the realization of the global dual-carbon strategic goal.
