South Korea’s LG Energy Solution has launched its Battery Innovation Contest (BIC) 2025 to identify and support the next generation of battery technologies.
Since its inaugural competition in 2017, BIC has been LG Energy Solution’s flagship research contest. This year’s edition has been revamped to foster greater collaboration between academia and industry.
Selected researchers will receive annual research funding of up to $150,000 annually. Additional funding may be granted to projects that make significant achievements through extended contracts.
Unlike previous iterations of the competition, 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.
LG has unveiled the preselected 18 research topics for collaborative projects on the BRIDGE platform, including battery safety diagnosis algorithm technology and new materials for LFP batteries.
LG has supported 26 battery research projects through the BIC initiative, and some have evolved into large-scale projects that have received additional funding and resources. Through the competition, the company continues to establish partnerships with universities and research institutions.
“The BIC platform serves as a bridge of wisdom between members of academia and industry, driving technological innovation for the all-important battery sector,” said Je-Young Kim, CTO of LG Energy Solution. “Through this initiative, we aim to provide differentiated value to our customers by strengthening our technology leadership.”
Source: LG Energy Solution
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