LFP Battery with Energy Density above 185 wh/kg Will Have Mass Production

Published: Nov 23, 2021 11:48 (GMT+8)
SVOLT Energy announced on November 19 that it has completed the development of the second-generation L600 “short-blade” LFP battery, and will achieve the mass production in Q3 2022.

SHANGHAI, Nov 23 (SMM) – SVOLT Energy announced on November 19 that it has completed the development of the second-generation L600 “short-blade” LFP battery, and will achieve the mass production in Q3 2022.

The second-generation batteries have the same specifications as the first generation, but the unit capacity is increased to 196Ah, the energy density exceeds 185 wh/kg, and the volumetric energy density exceeds 430wh/L, which is at an industry-leading level.

SVOLT Energy said that with the new generation of battery, an A-model automobile can achieve a 550km driving range and 1.6C fast charging. The battery can be charged to more than 80% in 30 minutes.

SVOLT Energy will invest 10 billion yuan to build a 22GWh lithium-ion battery project in Dafeng High-tech Zone. The project will be constructed in two phases. The first phase will be put into operation in H1 2022, and the second phase will be put into operation in H1 2023.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
[Hunan Yuneng: Spain Project Investment Raised to RMB1.65B]
1 hour ago
[Hunan Yuneng: Spain Project Investment Raised to RMB1.65B]
Read More
[Hunan Yuneng: Spain Project Investment Raised to RMB1.65B]
[Hunan Yuneng: Spain Project Investment Raised to RMB1.65B]
On September 23, Hunan Yuneng announced that its board of directors approved a resolution agreeing to raise the construction scale of the Spain project to an annual output of 70,000 tonnes of lithium battery cathode materials, adjust the total investment to approximately RMB1.65 billion equivalent, and authorize management to handle various specific matters related to the adjustment of the project investment scale.
1 hour ago
[Enjie: Subsidiary to Acquire 45% of Hubei Enjie for RMB1.15B]
1 hour ago
[Enjie: Subsidiary to Acquire 45% of Hubei Enjie for RMB1.15B]
Read More
[Enjie: Subsidiary to Acquire 45% of Hubei Enjie for RMB1.15B]
[Enjie: Subsidiary to Acquire 45% of Hubei Enjie for RMB1.15B]
On September 27, Enjie announced that its controlling subsidiary Shanghai Enjie signed an equity transfer agreement with EVE Energy for Hubei Enjie New Material Technology Co., Ltd., and plans to use its own and self-raised funds of RMB1.15 billion to acquire the 45% equity interest held by EVE Energy in Hubei Enjie. After the transaction is completed, Shanghai Enjie will hold 100% equity in Hubei Enjie.
1 hour ago
[Jinyinhé: Plans Private Placement of Up to RMB1.5B]
1 hour ago
[Jinyinhé: Plans Private Placement of Up to RMB1.5B]
Read More
[Jinyinhé: Plans Private Placement of Up to RMB1.5B]
[Jinyinhé: Plans Private Placement of Up to RMB1.5B]
On September 27, Jinyinhé announced that it plans to issue shares to specific targets to raise no more than RMB1.5 billion. After deducting issuance expenses, the proceeds will be used for high-end intelligent equipment industrialization projects for sodium-ion batteries, consumer lithium batteries, solid-liquid batteries, and new-type energy storage batteries; the R&D and construction project for high-end intelligent equipment for dry electrode and solid-state batteries; the silicon-based materials and polymer materials construction project (Phase I); the R&D and construction project for high-end intelligent equipment for silicone supercritical physical foaming and vacuum thermal reduction of rubidium and cesium metals; and to replenish working capital.
1 hour ago