LG Energy Solution Signs MoU with Bear Robotics to Become Exclusive Supplier of Cylindrical Batteries

Recap

SEOUL – Nov. 18, 2024 – LG Power Remedy introduced that it has actually authorized a Memorandum of Comprehending (MoU) with Silicon Valley-based movement trendsetter Bear Robotics to become its special distributor of round battery cells. Both business will certainly additionally collaborate on technical technology.

The MoU verifies LG Power Remedy as the single distributor of round batteries (2170) for Bear Robotics’ front runner robotics, such as Servi And Also and Carti 100, beginning following year. The arrangement additionally guarantees teamwork on brand-new modern technologies and promoting a solid collaboration to enhance both celebrations’ one-upmanship in the growing international robotic market.

Bear Robotics, established in 2017 by Chief Executive Officer John Ha, is a leading AI-powered robotics firm renowned for introducing the globe’s very first independent offering robotics. With procedures covering 20 nations, Bear Robotics remains to redefine automation in public and commercial areas.

The collaboration with Bear Robotics is a testimony to LG Power Remedy’s exceptional credibility for item security. With the majority of solution and logistics robotics running in high-traffic public areas, an uncompromising degree of security is needed to make sure the health of individuals and the smooth procedure of these automated systems. As a leader in risk-free battery services, LG Power Remedy uses distinguished products and modern technologies such as high-grade NCMA cathode products and strengthened ceramic-coated separators.

Just like its collaboration with Bear Robotics, LG Power Remedy intends to proactively go after brand-new and cutting-edge possibilities in the international robotics market, in addition to in various other applications past electrical lorries. As introduced in October with its business vision, “Encourage Every Opportunity,” LG Power Remedy intends to stabilize its service profile by broadening right into brand-new locations, specifically those with high development possibility, such as Urban Air Flexibility (UAM), vessels and robotics.

Regarding LG Power Remedy

LG Power Remedy, a split-off from LG Chem, is a leading international producer of lithium-ion batteries for electrical lorries, movement, IT, and power storage space systems. With thirty years of experience in advanced battery innovation and comprehensive r & d (R&D), the firm is the leading battery-related license owner on the planet with over 58,000 licenses. Its durable international network, which extends The United States and Canada, Europe, and Asia, consists of battery production centers developed via joint endeavors with significant car manufacturers. Devoted to constructing lasting battery ecological community, LG Power Remedy intends to accomplish carbon nonpartisanship throughout its worth chain by 2050, while symbolizing the worth of common development and advertising varied and comprehensive business society.

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