* LEV: Light Electric Vehicles. They include electric bikes, scooters, and wheelchairs. A cylindrical battery has a mechanically stable “thick can” structure, meaning it is basically very safe. This feature allows the application of various and most advanced materials to it ahead of other types of batteries.
The 46-series cylindrical battery offers more energy, as it can hold more active materials. In particular, nickel content is being increased for higher density and battery capacity. The 46-series has a simpler pack structure and lower cell counts, but still can provide customers with higher energy efficiency.
The prospect for the cylindrical battery market is also promising. The annual growth rate from 2024 to 2028 is expected to be approximately 41%, with the EVs accounting for the largest share of the cylindrical battery market. As mentioned earlier, a cylindrical battery is encased by a hard can and can be vented at a “unit battery” level.
The importance of cylindrical batteries is only growing because they are used widely from small electronic devices to EVs. In line with the trend, LG Energy Solution has continued researching and developing cylindrical batteries to improve their capacity and performance.
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Jackery Portable Power Station Explorer 300, 293Wh Backup Lithium Battery, Solar Generator for Outdoors Camping Travel Hunting Blackout (Solar Panel Optional)
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