LG Targets 2028 for Revolutionary Dry-Coating Battery Technology

The new method aims to reduce costs and environmental impact, positioning LG against Chinese competitors.

LG plans to commercialize dry-coating technology for battery production by 2028.
The process can cut manufacturing costs by 17% to 30% and reduce energy and space requirements.
Tesla and other companies have struggled to implement this technology successfully.
LG's market share in EV batteries has declined due to competition from Chinese manufacturers.
The dry-coating method could be a significant advancement in the electric vehicle industry.