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Electrovaya and it’s new German acquisition own the patent on a new technology that will make all Lithium-Ion batteries better and safer by increasing the ability of Li-Ion batteries to withstand the higher temperatures of today’s more powerful and energy dense batteries.
Thermal stability is everything when it comes to creating batteries that are more powerful and more densely packed — as in the large battery packs found in electric vehicles.
Electrovaya’s fully embedded ceramic material withstands significantly more heat than conventional materials used to electrically isolate battery components and are lighter, safer and cheaper than present-day industry standards.
The Lithium-Ion battery business — already a global industry — will be a $70 billion business within 10-years, and it looks like Electrovaya intends to dramatically improve the performance and safety of all Li-Ion batteries, as excess heat and how to contain it, has always been the nemesis of the battery industry. Not to mention incrementally lowering the weight of each Li-Ion cell — an important factor in large batteries such as those found in electric vehicles.
Note that the TESLA P100 battery (which is actually a 100kW battery pack consisting of 8,256 individual rechargeable Lithium-Ion cells in the Panasonic 18650 format, for a total output of 102.4kW) weighs well over 1,200 pounds. A weight savings of 10% (for example) adds up to lower total battery pack weight and longer range for such vehicles.
Watch the CBC video by Reg Sherren on the little company that promises to be a game-changer in the Lithium-Ion (rechargeable) battery industry.
Electrovaya charging ahead with clean energy
“The Ontario company is poised to be a global player in the growing lithium-ion battery market, and it already has its sights on Europe’s industrial powerhouse.” — CBC