Companies such as LG have been looking for more efficient ways to produce electric car batteries | Credit: Photographer: Seong Joon Cho/Bloomberg via Getty Images

LG is looking to commercialise dry-coating technology by 2028, a technology seen widely as a game changer for battery-making, as the Korean company looks to compete with Tesla and its Chinese rivals. 

The South Korean multinational conglomerate is set to start mass production of its dry-coating process in 2028, Kim Je-Young, LG Energy Solution’s chief technology officer told Bloomberg News.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Dry-coating technology is being pursued by major battery makers to replace the traditional wet process for making cathode and anode electrodes, which is energy-consuming and more expensive.  

Tesla first discussed using the dry method technology in 2020, however, Elon Musk’s company had only been able to successfully implement the process on the anode part of the battery, Reuters reported.

Kim said that LG is leading among battery competitors in terms of dry coating technology.

“We started 10 years ago,” Kim told Bloomberg.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Companies such as LG, Samsung and Tesla have been locked in a race to find more efficient ways to produce electric car batteries, as demand for electric vehicles has dramatically slowed down. 

Kim said the dry method of producing batteries could cut costs by 17% to 30%.

Volkswagen previously said dry coating technology could cut energy usage by 30% by companies and save around half the space. The automaker called the technology a “game changer”.

The traditional wet coating involves dissolving chemicals in solvents and drying the chemicals in huge ovens at high temperatures. 

Dry coating manufacturing means companies do not need to purchase and use drying ovens and other equipment, saving significant money and energy.