Advanced Battery Completes Phase One Testing

June 21, 2005 by Jeff Shepard

Advanced Battery Technologies Inc. (ABAT, Harbin, China), a manufacturer of rechargeable polymer lithium-ion (PLI) batteries, announced the successful completion of phase one tests utilizing Altair Nanotechnologies Inc. lithium titanate spinel electrode nanomaterials in its PLI batteries. The first shipment of Altair's nanomaterials was delivered to Advanced Battery's Harbin Research and Development Center in April 2005.

The test results for phase one indicated significant improvements in recharge time. The data indicates that when using Altair's rapid-charge electrode nanomaterials in Advanced Battery's PLI batteries, recharge time was approximately 30 to 45 minutes, compared to recharge time for existing PLI batteries of approximately three to three and a half hours.

"We're very excited to see the successful results in phase one tests," commented Advanced Battery Chairman Zhiguo Fu. "Through the cooperation of Advanced Battery and Altair, we're hoping to change the basic economics of energy usage in electric vehicles and produce a fundamental change in consumer attitudes toward the electric vehicle."