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LG Energy Solution to Pioneer Battery Safety Diagnostics Software Business, Exploring Unlimited Business Extension Opportunities

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Safety diagnostics software detects battery defects with an accuracy rate of over 90%, leveraging company’s technological leadership backed by BMS development capabilities and empirical battery data accumulated over more than 20 yearsMounted on the BMS for automobiles, the software detects abnormal signs that could lead to an issue, and is compatible with EVs equipped with batteries from other manufacturersPrecise diagnosis and prediction of battery degradation made possible with AI and cloud technologies

SEOUL, South Korea, Aug. 20, 2024 /PRNewswire/ — LG Energy Solution announced today that it is venturing into the battery safety diagnostics software business. With interest in the safety of EVs at an all-time high, the company has decided to explore new business opportunities and provide the best customer value not only in battery manufacturing but also in BMS (Battery Management System) solutions, promoting the safe use of batteries.

Safety diagnostics software detects battery defects with an accuracy rate of over 90%

LG Energy Solution boasts unrivaled technological leadership in the battery safety diagnosis sector with its BMS design capabilities and empirical battery data gathered over 20 years.

With over 8,000 BMS-related patents, the company has developed a safety diagnostics software based on empirical data obtained by disassembling and analyzing more than 130,000 battery cells and 1,000 battery modules. This reliable software has already been applied to more than 100,000 EVs, recording an impressive detection accuracy rate of more than 90%. 

Based on its leading technological prowess, LG Energy Solution’s safety diagnostics software analyzes various battery defects including voltage drop during charging, battery tab failure, micro internal short circuit, abnormal degradation, abnormal discharge, deviation in specific cell capacity, and excessive lithium precipitation.

Until now, most battery diagnostics software solutions were based on technologies developed by predicting virtual conditions, leading to low accuracy when applied in real environments.

Software preemptively detects abnormal signs that could lead to potential future issues 

The growing interest in the safe use of EVs highlights the importance of developing a sophisticated battery condition management, prompting automakers to pay more attention to the BMS’ ability to effectively measure and analyze battery information and detect various problems in advance. 

LG Energy Solution’s safety diagnostics software, which will be mounted on the automotive BMS, will provide functions that preemptively diagnose various battery abnormalities. In fact, it is already being applied to vehicles from nine global automakers.

Based on a safety diagnosis detection accuracy rate of over 90%, the software can detect and alert abnormal signs indicating potential future issues, such as thermal incidents, in advance, ensuring driver safety and peace of mind. In addition, LG Energy Solution’s software is receiving attention for its compatibility with EVs equipped with batteries from other manufacturers.

LG Energy Solution has decided to expand its safety diagnostics software business in collaboration with global automakers based on its proven safety diagnosis accuracy and accumulated technological prowess.

“Although automakers are starting to shift their attention to safety diagnosis technology, it takes time and resources to develop and apply reliable software,” said Hyuksung Chung, Vice President of the Business Development Group at LG Energy Solution. “LG Energy Solution has already developed diagnostics software with capabilities that overwhelm the competition. Backed by various battery patents and vast amounts of empirical data, this leading vehicle software can be applied to an automotive BMS today. This move aligns with our commitment to actively collaborate with our clients to ensure EV batteries are safe to use.”

Precise diagnosis and degradation prediction with 1% range error rate

In addition to a safety diagnosis function, LG Energy Solution has developed a technology that precisely diagnoses and predicts battery degradation.

Through this technology, the software can predict a battery’s future capacity and degradation based on data gathered on various information such as driving patterns. Based on LG Energy Solution’s expertise in battery electrochemistry, the software has applied a battery physics model which includes various and complex degradation mechanisms such as lithium precipitation and degradation of cathode and anode.

The software also diagnoses battery conditions more accurately by continuously upgrading its algorithms via AI computing technology. By continuously applying and supplementing battery cell information from various EVs to the algorithm, the error rate of battery degradation diagnosis has been reduced to the 1% range, top-level in the industry.

In addition, LG Energy Solution is using cloud technology to analyze vast amounts of battery data in real time, with data from a total of 12,000 vehicles analyzed as of last year.

Also, BMS software optimized for SDVs (Software Defined Vehicle) is being developed to target the future mobility era, where vehicles will become lifestyle platforms. By utilizing the vehicle’s SoC (System-on-Chip) computing performance, computational capabilities can be enhanced and more sophisticated battery algorithms can be implemented. This will also unlock new battery services for customers by utilizing information obtained directly from the vehicle.

LG Energy Solution has been working to strengthen its BMS capabilities in recent years through various collaborative efforts, including its cooperation with Qualcomm Technologies to develop advanced BMS diagnostic solutions based on SoC, and an MOU with Analog Devices, Inc. (ADI), a global semiconductor leader, for the supply of high-performance battery management integrated circuit and joint technology development.

“We will continue to provide irreplaceable and differentiated customer value, not only in battery manufacturing but also in the field of BMS solutions to ensure the highest levels of safety and performance,” said David Kim, CEO of LG Energy Solution.

View original content:https://www.prnewswire.com/news-releases/lg-energy-solution-to-pioneer-battery-safety-diagnostics-software-business-exploring-unlimited-business-extension-opportunities-302227011.html

SOURCE LG Energy Solution

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TVCMALL Leads Wholesale Innovation for Simplified Online Retail Business Success at CES 2025

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LAS VEGAS, Jan. 11, 2025 /PRNewswire/ — CES 2025, one of the largest tech events globally, concluded with over 4,000 exhibitors showcasing breakthroughs in AI, digital health, and mobility. TVCMALL, a leading one-stop B2B wholesaler, made its second consecutive appearance at the event, delivering comprehensive solutions and introducing a new brand, LEMONDA. With a focus on eco-friendly products and AI-driven accessories, TVCMALL is redefining the wholesale experience for global entrepreneurs.

Revolutionizing Wholesale with AI and Sustainability
TVCMALL is a one-stop platform offering over 1 million SKUs, including mobile accessories, smart tech, and consumer electronics. At CES 2025, the company presented a range of cutting-edge products, from biodegradable phone cases to AI-driven gadgets like Meta Quest 3 headbands, wireless chargers, power banks, and gaming accessories. As part of its innovative approach, TVCMALL launched LEMONDA, a lifestyle brand focused on sustainability. Featuring lightweight, corrosion-resistant resin smartwatch straps and eco-friendly packaging, LEMONDA aligns with the growing demand for green solutions in tech, further cementing TVCMALL’s commitment to a sustainable future.

Comprehensive Solutions for Retailers
TVCMALL simplifies sourcing with an extensive catalog and AI-powered ordering systems, allowing businesses to streamline purchasing and make data-driven decisions. With no minimum order quantity (MOQ) on most products and a flexible dropshipping service, TVCMALL supports businesses with customized solutions tailored to their needs. Whether through personalized packaging or exclusive designs, TVCMALL helps entrepreneurs enhance their brand visibility and stay competitive. The platform also integrates with Amazon and custom APIs for a seamless experience.

Commitment to Quality and Global Growth
TVCMALL is dedicated to helping entrepreneurs succeed in both established and emerging markets. By offering competitive prices, fast delivery, and in-depth market insights, TVCMALL empowers businesses to expand into regions like Europe, Southeast Asia, and Brazil. The company works with trusted partners like Dux Ducis, CaseMe, and Nillkin, ensuring the reliability and quality of its offerings. Additionally, TVCMALL provides value-added services like product photography, factory inspections, and certifications (CE, RoHS), assisting clients with smooth market entry.

“At TVCMALL, our vision is to build a more generous and thriving world,” said Leo Chen, Founder and Chairman of TVCMALL. “CES 2025 is not just an exhibition for us; it’s an opportunity to collaborate, innovate, and inspire a new era of retail and technology.”

For more information, please visit www.tvcmall.com or contact sales@tvcmall.com.

Photo – https://mma.prnewswire.com/media/2593486/TVCMALL_booth_layout_at_CES_2025.jpg

View original content:https://www.prnewswire.co.uk/news-releases/tvcmall-leads-wholesale-innovation-for-simplified-online-retail-business-success-at-ces-2025-302345615.html

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The green power trading electricity volume in Turfan has surged significantly in 2024

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TURFAN, China, Jan. 11, 2025 /PRNewswire/ — On January 9, 2024, data released by Xinjiang Power Trading Centre Co., Ltd. indicated that the green power trading electricity volume in the Turfan region reached 0.97 billion kWh, representing a remarkable year-on-year increase of up to 14 times. This substantial growth underscores the region’s successful transition towards green energy.

State Grid Turfan Power Supply Company has taken proactive measures to expedite the development of the green power market. The company has facilitated the government’s introduction of a renewable energy consumption action plan, specifying new energy consumption ratios for key energy-consuming entities and establishing a market mechanism with a high proportion of new energy. These efforts have effectively promoted the “new energy participation in all trading varieties of the 24-hour curve” trading model and ensured continuous market opening on working days, thereby better accommodating the fluctuating characteristics of new energy output.

Furthermore, State Grid Turfan Power Supply Company established a green power certificate service station in Gaochang District, providing customers with convenient green power trading services and fostering a green consumption atmosphere throughout society. During the Autonomous Region Tourism Development Conference and the Turfan Grape Festival, the company achieved 100% green power supply and assisted three export-oriented enterprises in achieving low-carbon transformation, thereby enhancing the international influence of their brands.

Looking ahead, State Grid Turfan Power Supply Company will continue to implement measures to expand its “Power Supply + Energy Efficiency Bill” service, guiding society towards more efficient, economical, and environmentally friendly electricity usage, and contributing to the clean and low-carbon transformation of local energy resources.

View original content:https://www.prnewswire.com/apac/news-releases/the-green-power-trading-electricity-volume-in-turfan-has-surged-significantly-in-2024-302348525.html

SOURCE State Grid Turfan Power Supply Company

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Equipboard Unveils Sleek Redesign to Enhance Music Gear Discovery for Musicians Worldwide

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Redesign Introduces Modern Features, Streamlined Navigation, and Richer Content to Inspire and Support Music Makers Globally

AUSTIN, Texas, Jan. 11, 2025 /PRNewswire-PRWeb/ — Equipboard, the leading online community for musicians and gear enthusiasts, announces the launch of its newly redesigned website. With a modern look, streamlined navigation, and powerful new features, the redesign sets a new standard for connecting artists, producers, and hobbyists with the tools they need to create music.

Since its inception in 2013, Equipboard has grown into the world’s largest database of music gear used by professionals and amateurs alike. The redesign reflects the platform’s commitment to fostering creativity, offering transparent information, and making gear discovery and purchasing easier and more enjoyable for its global user base.

What’s New?

Equipboard’s redesign is more than just a fresh coat of paint. It introduces a host of improvements aimed at elevating the way users explore, share, and connect over their favorite gear:

    Modernized Design: A sleek, responsive layout ensures a seamless experience across all devices, with improved readability and accessibility.    Enhanced Navigation: Faster, more intuitive browsing helps users discover gear, artists, and inspiration effortlessly. Whether searching for a guitarist’s pedalboard or a producer’s go-to synth, the information is now at their fingertips.    Richer Content: Equipboard now features in-depth guides, expert-curated collections, and a revamped artist gear section to inspire and inform users at all levels of their musical journey.    Personalized Experience: Registered users can now enjoy a more tailored interface, saving their favorite gear and creating wishlists for their next creative adventure.    Price Comparisons Across Leading Retailers: Equipboard helps musicians make informed decisions by comparing prices on music gear from top retailers, ensuring they get the best value for their investment.    Community-Focused Features: New tools make it easier for users to contribute to Equipboard’s ever-growing database, ensuring the platform remains the most trusted source for music gear information.

“Equipboard has always been about empowering musicians by connecting them with the tools and insights they need,” said Michael Pierce, Co-Founder. “This redesign reflects our commitment to innovation and community, creating an experience that’s as inspiring as the gear our users discover. From in-depth artist insights to real-time price comparisons, we’re excited to see how these improvements help musicians worldwide make better gear choices and create amazing music.”

About Equipboard

Equipboard is the ultimate online resource for musicians and gear enthusiasts. With a mission to provide transparent, community-driven information about the gear used by artists and professionals, Equipboard has become a trusted destination for millions of music creators. The platform also simplifies the buying process with its innovative price comparison tool, helping users find the best deals from leading retailers. From electric guitars to studio monitors, Equipboard’s extensive database helps users make informed decisions about their music-making journey.

The redesigned Equipboard is now live at https://equipboard.com, offering a fresh look and enhanced tools to support music creators in exploring the gear behind their favorite artists’ sound.

Media Contact

Michael Pierce, Equipboard, 888-888-8888, contact@equipboard.com, https://equipboard.com/

View original content to download multimedia:https://www.prweb.com/releases/equipboard-unveils-sleek-redesign-to-enhance-music-gear-discovery-for-musicians-worldwide-302348502.html

SOURCE Equipboard

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