LG Energy Solution is working with Doosan Bobcat to develop battery packs for construction equipment
South Korean companies LG Energy Solution and Doosan Bobcat have signed a Memorandum of Understanding (MoU) to develop battery pack solutions for compact construction equipment, with the aim of accelerating electrification in this sector.
Through this agreement, the two companies will jointly develop standardised battery pack solutions that can be applied to various construction equipment products, such as skid-steer loaders and excavators.
Both companies will also explore new opportunities to extend this partnership to the electrification of other applications, including grounds maintenance equipment such as tractors.
Additionally, the partners plan to apply LG Energy Solution’s cylindrical batteries to Doosan Bobcat’s flagship construction equipment models.
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Following the establishment of Doosan Bobcat’s electrification organisation in January, it now plans to create an R&D centre in Anyang, Gyeonggi Province, South Korea in the second half of the year to conduct electrification research and verify battery pack production technology.
“We are excited to collaborate with Doosan Bobcat, a global leader in construction equipment, to develop electrification technologies and expand our business in this vitally important sector,” LG Energy Solution senior vice president Yooseong Oh says.
“We remain deeply committed to leading the challenge of electrifying various industries.”
Doosan Bobcat CSO and executive vice president Hyunchul (Charlie) Park adds: “We are pleased to develop battery packs for compact construction equipment on the back of excellent quality and stability of LG Energy Solution’s cells.
“We will standardise battery packs for compact construction equipment and provide solutions to major markets.”