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Flexible Electronics News

3M, LG Chem Complete NCM Patent License Agreement

Agreement aims to further expand use of NCM in lithium ion batteries.

3M and LG Chem entered into a patent license agreement to further expand the use of nickel, cobalt, manganese (NCM) in lithium ion batteries. Under the agreement, 3M grants LG Chem a license to U.S. Patents 6,660,432, 6,964,828, 7,078,128, 8,685,565 and 8,241,791 and all global equivalents including in Korea, Taiwan, Japan, China and Europe.
 
NCM cathode materials can be tailored through changes in composition and morphology to meet a wide range of customer requirements, from high-energy handheld consumer electronics to high-power electric vehicles.
 
 “LG Chem is a leader in the electric vehicle battery field, and NCM cathode compositions have shown significant benefit in large format applications, like electric vehicles,” said Christian Milker, business manager, 3M Electronics Materials Solutions Division.
 
 

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