Toronto, Ontario - Electrovaya Inc. (TSX: EFL) and its wholly owned subsidiary, Litarion GmbH, is pleased to introduce a unique 40Ah lithium ion cell (“Litacell LC-40”) to OEMs and battery pack integrators worldwide.
The Litacell-LC40 features an unparalleled combination of safety, cycle life and cost. For the first time, OEMs and battery pack integrators can now purchase standalone cells that feature the combined innovation and experience of the newly integrated Electrovaya and Litarion. The new 40Ah Litacell promises extraordinary cycle and calendar life (nearly 9000 cycles at 1C/1C and 100% DoD), unique safety properties due to the unparalleled stability of Separion™ flexible ceramic separator membrane, stringent quality standards and excellent pricing options. The 40Ah Litacell contains optimized NMC/graphite based electrode chemistry.
"Lithium Ion Cells have cost and safety challenges and the Litacell LC40 provide the break-through technology with capability to drive down holistic costs by an amazing 50% while providing unparalleled safety," said Dr. Andre Mecklenburg, Chief Operating Officer of Litarion. "Nearly 20,000 electric cars from a leading German OEM are on the road today with Zero Safety incidents, a rare feat in electric vehicles, a compliment to our unique ceramic embedded separator, Separion ™ and our world class electrodes which now drives the Litacell technology," said Dr. Mecklenburg.
"Litacell 40Ah cells are now available to customers in Europe, North America and elsewhere, where the market demands highest safety and lowest holistic cell costs," says Dr. Rajshekar Das Gupta, Vice President Business Development at Electrovaya. "We believe this technology should become the industry standard for the Electric Vehicle and Energy Storage markets," says Dr. Das Gupta.
Please visit us at Booth 232, 14-15th October, 2015 Energy Storage North America, San Diego Convention Center.
About Electrovaya Inc.
Electrovaya Inc. (TSX: EFL) designs, develops and manufactures proprietary Lithium Ion Super Polymer® batteries, battery systems, and battery-related products for energy storage, clean electric transportation and other specialized applications. Electrovaya, through its fully owned subsidiary, Litarion GmbH, also produces cells, electrodes and SEPARION™ ceramic separators and has manufacturing capacity of about 500MWh/annum. Electrovaya is a technology focused company with extensive IP. Headquartered in Ontario, Canada, Electrovaya has production facilities in Canada and Germany with customers around the globe.