Industry
LG Energy Solution first global battery maker to top 100,000 patent applications
LG Energy Solution has become the first battery company to surpass 100,000 patent applications globally, the company said on Saturday. As of last month, it had about 59,000 registered patents and more than 100,000 patent applications. It said it invested 1.33 trillion won in R&D last year after first exceeding 1 trillion won in annual R&D spending in 2023, and cited patents spanning materials, electrode design, cells, packs, BMS and manufacturing.