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Second-life EV batteries roped into energy storage – Gadget
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SVOLT Reveals First NMx Cobalt-Free Battery Pack
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SHANGHAI, April 20, 2021 /PRNewswire/ The first Innovation Day of SVOLT with the theme of Innovation Drives the Future is officially launched during the 2021 Shanghai Auto Show today, which marks the brand strategy upgrade of SVOLT entering stage 2.0. During the launch event, SVOLT announces that it will found the SVOLT CAPITAL with a fund of 2 billion Yuan invested to support the industry innovation. And it plans to recruit 20 cross-industry partners and 100 pioneer scientists globally, so as to create the innovation ecosystem with cross-border integration of the power battery industry and improve the independent innovation, in-depth research and development strength of local enterprises.
SVOLT Launches the First Innovation Day at the Shanghai Auto Show, Backed with Industry Fund of 2 Billion Yuan
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SVOLT s Cobalt-Free NMx Cell Are Now Available For Order
Jan 30, 2021 at 6:22pm ET ++
SVOLT Energy Technology (the former Battery Business Unit of Great Wall Motor Co.) announced that its all-new
cobalt-free NMx lithium-ion battery cells are now available for order.
This new chemistry was first announced in June 2019 and presented in May 2020, as a major competitor to the rising NCM811 chemistry.
The main difference to NCM is the lack of cobalt in the cathode and reduced share of
Nickel to 75%. The remaining
25% is manganese. To make such a setup work, the company has developed special doping and coating processes.
As a result, the NMx cells offer similar energy density tof NCM (about 5% lower, according to SVOLT), but are also about 5% less expensive. Additionally, the cycle aging, as well as the calendar (over 2,500 undisclosed cycles) aging, is reportedly improved compared to a conventional NCM type.