Stock Market News

Gotion High-Tech launches 1000km range EV battery

2023.05.19 15:49


© Reuters Gotion High-Tech launches 1000km range EV battery

Chinese battery maker, Gotion High-Tech (SZ:) on Friday launched its in-house L600 Astroinno battery cell and pack under the LMFP lineup at the 12th Gotion Technology Conference. The company’e new battery features a range of up to 1000km, setting a precedent for developing NCM-free batteries. The battery’s debut follows a procurement letter from Volkswagen (ETR:) designating Gotion as a supplier for the automaker’s overseas markets.

Dr. Cheng Qian, Executive President of the International Business Unit of Gotion High-Tech, who released the battery spoke at the conference during the launch, “In recent years, lithium iron phosphate (LFP) technology has regained the recognition of the market with market share continuing to increase,” said Cheng Qian. “Meanwhile, the energy density growth of mass-produced LFP batteries has encountered bottlenecks, and further improvement requires an upgrade of the chemical system, so manganese doped as called lithium iron manganese phosphate (LMFP) was developed.”

“Astroinno L600 LMFP battery cell, which has passed all safety tests, has a weight energy density of 240Wh/kg, a volume energy density of 525Wh/L, a cycle life of 4000 times at room temperature, and a cycle life of 1800 times at high temperatures. The the volumetric cell to pack ratio has reached 76% after adopting the L600 cell, and the system energy density has reached 190Wh/kg, surpassing the pack energy density of current mass-produced NCM cells. It is due to the high energy density of Astroinno battery that we can enable a range of 1000km without relying on NCM materials,” added Dr. Cheng.

The LMFP Astroinno L600 battery cell, which has undergone a research period of 10 years, is scheduled to begin mass production in 2024, said Dr. Cheng.

On May 10, Gotion High-Tech issued an announcement saying that its wholly-owned subsidiary, Hefei Gotion High-Tech Power Energy Co., Ltd. received a procurement letter from Volkswagen AG (OTC:), and that the company has thus become a designated supplier for the automaker’s overseas markets.

Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 94,570.34 1.91%
ethereum
Ethereum (ETH) $ 3,344.58 1.73%
tether
Tether (USDT) $ 0.998297 0.07%
xrp
XRP (XRP) $ 2.16 1.53%
bnb
BNB (BNB) $ 703.10 0.21%
solana
Solana (SOL) $ 186.17 2.26%
dogecoin
Dogecoin (DOGE) $ 0.316883 0.92%
usd-coin
USDC (USDC) $ 1.00 0.07%
staked-ether
Lido Staked Ether (STETH) $ 3,338.79 1.80%
cardano
Cardano (ADA) $ 0.870965 3.39%
tron
TRON (TRX) $ 0.258463 1.71%
avalanche-2
Avalanche (AVAX) $ 36.69 4.26%
the-open-network
Toncoin (TON) $ 5.73 1.91%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,971.26 1.76%
chainlink
Chainlink (LINK) $ 21.23 9.18%
shiba-inu
Shiba Inu (SHIB) $ 0.000022 2.18%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 94,507.32 1.89%
sui
Sui (SUI) $ 4.08 6.22%
hedera-hashgraph
Hedera (HBAR) $ 0.274994 4.37%
stellar
Stellar (XLM) $ 0.347468 3.74%
bitget-token
Bitget Token (BGB) $ 7.43 11.68%
polkadot
Polkadot (DOT) $ 6.86 4.86%
weth
WETH (WETH) $ 3,343.12 1.75%
hyperliquid
Hyperliquid (HYPE) $ 27.82 1.40%
bitcoin-cash
Bitcoin Cash (BCH) $ 440.76 3.49%
leo-token
LEO Token (LEO) $ 9.29 1.05%
uniswap
Uniswap (UNI) $ 13.19 5.76%
pepe
Pepe (PEPE) $ 0.000018 0.47%
litecoin
Litecoin (LTC) $ 99.38 5.03%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,528.85 1.76%
near
NEAR Protocol (NEAR) $ 5.16 1.65%
ethena-usde
Ethena USDe (USDE) $ 0.997196 0.04%
usds
USDS (USDS) $ 0.99883 0.20%
aptos
Aptos (APT) $ 8.94 2.28%
aave
Aave (AAVE) $ 327.26 4.48%
internet-computer
Internet Computer (ICP) $ 10.14 4.73%
crypto-com-chain
Cronos (CRO) $ 0.147898 3.95%
mantle
Mantle (MNT) $ 1.19 2.24%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.477883 3.67%
ethereum-classic
Ethereum Classic (ETC) $ 26.05 2.62%
vechain
VeChain (VET) $ 0.045493 5.69%
monero
Monero (XMR) $ 198.34 3.56%
render-token
Render (RENDER) $ 6.93 6.11%
mantra-dao
MANTRA (OM) $ 3.74 1.74%
whitebit
WhiteBIT Coin (WBT) $ 24.69 0.47%
virtual-protocol
Virtuals Protocol (VIRTUAL) $ 3.43 5.38%
dai
Dai (DAI) $ 1.00 0.03%
bittensor
Bittensor (TAO) $ 465.61 5.12%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.31 2.24%
okb
OKB (OKB) $ 55.81 7.71%