Summary
- LG Energy Solution launched Battery Innovation Contest (BIC) 2025 to support battery technologies
- BIC fosters collaboration between academia and industry
- Selected researchers can receive up to $150,000 in annual research funding
- Participants can submit proposals on specific topics pre-announced by LG
- The BRIDGE platform manages open innovation programs like BIC and facilitates collaboration between academia and industry
Article
LG Energy Solution has launched the Battery Innovation Contest (BIC) 2025 to identify and support the next generation of battery technologies. The competition aims to foster collaboration between academia and industry, providing selected researchers with up to $150,000 in annual research funding. Projects that show significant achievements may receive additional funding through extended contracts. Unlike previous editions, BIC 2025 allows participants to submit proposals on specific topics pre-announced by LG Energy Solution.
To facilitate active collaboration, LG Energy Solution has introduced the BRIDGE system, a platform designed to manage open innovation programs like BIC. The platform features 18 preselected research topics for collaborative projects, including battery safety diagnosis algorithm technology and new materials for LFP batteries. Through the BIC initiative, LG has supported 26 battery research projects, with some evolving into large-scale projects that have received additional funding and resources. The company continues to establish partnerships with universities and research institutions through this competition.
Je-Young Kim, the CTO of LG Energy Solution, emphasized the importance of the BIC platform in bridging the gap between academia and industry to drive technological innovation in the battery sector. The initiative aims to provide differentiated value to customers by strengthening technology leadership. LG’s commitment to supporting innovative battery technologies through collaborations with researchers and institutions highlights its dedication to advancing the industry. By fostering partnerships and investing in research projects, LG Energy Solution demonstrates its commitment to staying at the forefront of battery innovation.
The revamped BIC 2025 competition showcases LG Energy Solution’s commitment to driving advancements in battery technology through collaboration and innovation. By providing financial support and resources to selected researchers, LG aims to discover and develop new technologies that will shape the future of batteries. The introduction of the BRIDGE system as a platform for managing open innovation programs reflects LG’s dedication to facilitating collaboration between academia and industry. The preselected research topics for collaborative projects offer a diverse range of opportunities for researchers to contribute to the advancement of battery technology.
LG Energy Solution’s focus on fostering partnerships with universities and research institutions highlights its commitment to continuous learning and innovation in the field of battery technology. By supporting 26 battery research projects through the BIC initiative, LG has demonstrated its willingness to invest in new ideas and technologies that have the potential to make a significant impact. The evolution of some projects into large-scale initiatives with additional funding underscores the success of the competition in driving innovation and progress in the battery sector.
Overall, LG Energy Solution’s Battery Innovation Contest (BIC) 2025 serves as a platform for researchers to collaborate with industry experts in developing cutting-edge battery technologies. Through financial support, resources, and strategic partnerships, LG aims to drive technological innovation and strengthen its position as a leader in the battery industry. The emphasis on collaboration, open innovation, and continuous learning underscores LG’s commitment to advancing battery technology and delivering value to customers through differentiated solutions. With the introduction of the BRIDGE system and preselected research topics, the BIC 2025 competition provides a structured framework for researchers to contribute to the future of battery technology.
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