SHANGHAI, Nov 27 (SMM) – Sinochem International, a state-owned company mainly engaged in the chemical business, said on November 26 that a lithium-ion battery project under its Junsheng New Materials unit is about to start trial production.
The pilot run involves mass production of battery cells with an energy density of 260-270 wh/kg.
The subsidiary is looking to develop lithium-ion power batteries with higher energy density and capacity, as well as longer cycling lifespan and better safety performance.
Full operation of the project will add battery capacity of 8 million kWh, being able to meet demand from more than 100,000 electric vehicles.
Currently, the mainstream ternary batteries in China are NCM523, with an energy density of 180-220wh/kg.