--- title: "LG Energy Solution will launch a new type of battery, focusing on the energy storage market" type: "News" locale: "en" url: "https://longbridge.com/en/news/278797784.md" description: "LG Energy plans to start mass production of new lithium iron phosphate batteries in 2027, featuring higher energy density and longer cycle life, aiming to become a high-value solution for energy storage systems. At the same time, the company is also investing in sodium-based batteries and dry coating technology to reduce costs and compete for market share in electric vehicles, energy storage systems, and humanoid robots" datetime: "2026-03-12T00:59:57.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/278797784.md) - [en](https://longbridge.com/en/news/278797784.md) - [zh-HK](https://longbridge.com/zh-HK/news/278797784.md) --- # LG Energy Solution will launch a new type of battery, focusing on the energy storage market LG Energy Solution's Chief Technology Officer stated that they will begin mass production of a new type of lithium iron phosphate battery in 2027, which features higher energy density and longer cycle life. This is the first time LG has disclosed plans to launch a significantly upgraded lithium iron phosphate battery model, aimed at repositioning as a high-value solution for energy storage systems. In addition, LG Energy Solution is also investing in sodium-based batteries and dry coating technology to reduce costs, as the company seeks to capture market share in various sectors including electric vehicles, energy storage systems, and humanoid robots. (Sina Finance) ### Related Stocks - [000690.CN](https://longbridge.com/en/quote/000690.CN.md) - [001258.CN](https://longbridge.com/en/quote/001258.CN.md) ## Related News & Research - [Add New Energy Calls EGM to Approve Strategic Name Change](https://longbridge.com/en/news/282257289.md) - [BYD is booming in Australia, but in China it continues to suffer a sales decline. What’s the turnaround plan?](https://longbridge.com/en/news/286722736.md) - [08:06 ETGreenix Pest Control Expands Northeast Presence Through Acquisition of Insight Pest Solutions in MA and NH](https://longbridge.com/en/news/286909168.md) - [Suning.Com Puts Insolvent Carrefour China Business up for Sale at CNY1 Starting Price](https://longbridge.com/en/news/286893780.md) - [Bắc Ninh promotes lychee tourism with 36 model orchards](https://longbridge.com/en/news/286551494.md)