Lg chemical energy storage patent

Will LG Chem enforce its battery material patent rights?

LG Chem aims to enforce its battery material patent rights amid intensifying technological competition with the aim of dominating the global advanced battery market as demand for electric vehicles (EVs) continues to rise. LG Chem proposed to license out its high-nickel cathode material patent to China-based cathode material suppliers.

Will LG Chem enforce its patent rights in high-nickel cathode battery materials?

LG Chem to enforce its patent rights in high-nickel cathode battery materials as EV demand rises. LG Chem aims to enforce its battery material patent rights amid intensifying technological competition with the aim of dominating the global advanced battery market as demand for electric vehicles (EVs) continues to rise.

Is LG Chem aware of the plaintiff's patents?

The complaint contends that LG Chem is aware of the plaintiff’s patents and the acts they have committed that infringe on those patents. Specifically, LG Chem markets battery technologies for electric vehicle and consumer electronic products that use processes involving the plaintiff’s patent-protected MOLECULAR REBAR technology.

Will LG Chem enforce its patent rights against other global cathode material companies?

To that end, LG Chem plans to enforce its patent rights against other global cathode material companies. Licensing refers to a contract in which the patent holder agrees to provide the right to use the patent to a third party and receive royalties in return.

What is LG Chem's high-nickel cathode materials patent?

LG Chem’s high-nickel cathode materials patent plays a determinant role in the performance of lithium-ion batteries and is undoubtedly necessary for the advancement of the high-performance EV industry.

Where is LG Chem located?

Headquartered in Seoul, Korea, LG Chem has multiple operation sites worldwide and generated consolidated revenue of KRW 51.9 trillion (USD 42.1 billion) in 2022. For more information, please visit