South Korean electronic parts giant, LG Innotek, has made a significant breakthrough in the electric vehicle (EV) sector with the development of an advanced wireless battery management system (BMS). Set to be showcased at CES 2024, the world’s largest consumer technology trade show, this innovative technology is poised to revolutionize the EV industry.
The BMS is a vital component in electric vehicles, tasked with monitoring and controlling battery performance to ensure safety and longevity. LG Innotek’s groundbreaking wireless system stands out by eliminating the need for cumbersome cable connections. This not only reduces the weight of electric vehicles by 30-90 kg but also frees up an additional 10-15% space in battery packs. The result? Lighter, faster-charging EVs that push the boundaries of efficiency and design.
What sets LG Innotek’s wireless BMS apart is its impressive voltage capacity, peaking at 800V, the highest among commercially available options. This feature translates to significantly shorter charging times, a crucial advantage in the fast-paced world of electric and autonomous vehicles.
Drawing on 40 years of expertise in wireless communication technology, LG Innotek has crafted a versatile RF communication module that is compatible with all wireless BMS chips. This universality ensures that the technology can be adapted to any EV model, enhancing its market potential and facilitating widespread adoption.
As LG Innotek gears up for mass production in 2024, the company is strategically positioning itself to tap into the rapidly growing wireless BMS market. Current projections estimate this market to expand from 9 billion won ($6.9 million) in 2022 to a staggering 1.3 trillion won ($1 billion) by 2028. With its innovative wireless BMS, LG Innotek is not just contributing to the evolution of electric vehicles but also cementing its role as a leader in the global automotive industry.
