Superlattice Power To Establish Fully Automatic Manufacturing Unit Of Lithium Ion Batteries For Electric Vehicle Applications

Superlattice Power Inc. announced that it is in the final stage of negotiations with an Asian company for setting up a pilot scale production unit of Lithium Ion polymer batteries. The first production line will be located in Mooresville, North Carolina, USA.

Superlattice Power is developing batteries for electric as well as hybrid vehicles. The new manufacturing plant will have an initial estimated rate of producing 36,000 unit cells per year equivalent to 450 electric vehicles. Once fully operational, Superlattice Power will achieve the targeted production capacity of approximately 100,000 cells annually.

Superlattice Power is a Lithium Ion battery company which has developed a cathode material for Lithium Ion batteries and thermal management system for EV battery packs, with a capacity that the company says is nearly 1.5 times greater than the present commercially available cathode materials.

Superlattice Power is also engaged in the battery pack design activities in collaboration with EV Innovations Inc. and has a contractual agreement with EV Innovations Inc. to supply the Lithium Ion batteries for their Electric Vehicles.