LTC Receives Prototype Auto Battery Orders
Lithium Technology Corp. (LTC, Plymouth Meeting, PA), an early production stage rechargeable lithium battery manufacturer, announced that its GAIA operating units have received firm purchase orders for high-performance, lithium-ion, prototype batteries for transportation applications from two different customers.
The company's GAIA USA (Plymouth Meeting, PA) unit has received a purchase order from Penn State University for a 180V prototype hybrid-electric vehicle battery for an advanced truck application that the University intends to enter into the Future Truck Competition in June 2004. The US Department of Energy sponsors the Future Truck program and the annual competition to promote the development of fuel-efficient vehicle technology.
The prototype battery will be comprised of 50 of the company's proprietary 27Ah flat cells, along with a battery management system, and will provide about 70kW of power, which is a substantial improvement over the heavier lead-acid battery system that it will replace. Delivery is scheduled for September 2003.