LEXINGTON, Mass., March 7, 2022 /PRNewswire/ — LG Energy Solution Ltd. (LGES; KRX: 373220) and CAMX Power LLC (CAMX) announce that LGES has obtained a license under the intellectual property of CAMX relating to the GEMX® platform of nickel based high energy high power cathode materials for use in lithium-ion batteries especially for electric vehicles (EVs).
The GEMX platform is based on fundamental inventions of CAMX for which key patents have been granted globally including the US, EU, Korea, Japan and China. The GEMX inventions, through molecular engineering, place Cobalt, Aluminum, etc. at the critical places of the cathode particles resulting in the use of less Cobalt, yet with greater stability, higher performance and lower cost for all classes of high nickel materials. GEMX enables a broad class of cathode materials, by enhancing the high nickel…
LG Energy Solution obtains license from CAMX Power for its GEMX® advanced cathode material platform for Lithium-ion batteries
