Three EV charging technologies registered as international standard patents
Acquired over 180 LiDAR patents from Argo AI

Following its acquisition of over 180 patents from the U.S. autonomous driving startup Argo AI last April, LG Innotek has now been officially recognized by the market as a holder of 'international standard patents' for electric vehicle charging components.

LG Innotek announced on the 15th that it has officially secured three international standard patents in the field of electric vehicle charging.

LG Innotek has been selected as a licensor by Via LA, a company specializing in standard patent licensing for electric vehicle charging.

A licensor refers to a party that permits others to use patented technology and receives royalties.

Via LA has listed only eight companies worldwide, including LG Innotek, GE, Bosch, and Siemens, as licensors in the electric vehicle charging sector.

The international standard patents recognized by LG Innotek include charging control technology based on battery status information (2 cases) and charging time reservation technology (1 case).

With this listing, LG Innotek is now able to further accelerate its penetration of the electric vehicle parts market.

LG Innotek is already actively fostering future vehicle-related businesses as a new growth engine.

LG Innotek supports not only wired charging but also wireless charging for electric vehicles.We are conducting various research and development activities, including technologies such as power conversion technology for electric vehicles and external chargers.

In addition, it is rapidly securing patents for core technologies not only in electric vehicles but also in the field of autonomous driving.

The acquisition of over 180 patents from the U.S. autonomous driving startup Argo AI last April also drew attention from the industry.

The acquired patents include a large amount of LiDAR technology.

LiDAR is a sensing technology that detects objects, distances, and directions by measuring the time it takes for a light to be emitted and return.

This is considered a core technology for autonomous driving, such as its application in ADAS.

The industry expects that through the patent acquisition, LG Innotek will be able to further enhance the level of LiDAR technology, a key component of autonomous driving.

At the same time, LG Innotek is strengthening its patent management to lead the future vehicle market, including electric and autonomous vehicles.

In particular, LG Innotek is analyzing and utilizing patents at a speed 900 times faster than humans by using an AI-applied patent information system.

LG Innotek analyzes big data from over 3 million patents filed worldwide every year to identify technological trends and industry insights, and further refines the areas of differentiation from existing products to reflect in the formulation of product development strategies.

Kim Jin-hyun, Senior Vice President of Patents, stated, “To become the global No. 1 company, securing core technologies is paramount, so we must systematically manage and secure intellectual property (IP), including patents.” He added, “Going forward, we will continue to create differentiated customer value through research and development (R&D) utilizing intellectual property.”