Game-changing EV batteries could be produced in Townsville

16

Magnis Energy Technologies has announced that test results for electric vehicles (EV) batteries developed by its partner, C4V have yielded “a potential game changer” for EV manufacturers.

The new Extra Fast Charge (EFC) battery posted impressive results in testing, achieving more than 85% charging in just six minutes.

Advertisement

C4V President Dr Shailesh Upreti said the new battery shortens the charging times required by traditional EV charging, enabling operational flexibility for EVs, convenience to EV consumers, and potential increase in run time for in-service EVs.

“Today’s results are very exciting and our potential partners in the automotive industry have been highly encouraged by the data produced so far,” Mr Upreti said.

“We have commenced a demonstration program to showcase the benefits of EFC at the system level, by committing to deliver a minimum 25KWh battery pack to an EV producer with EFC capabilities.”

He said the company is looking to roll out the technology at the proposed Townsville lithium-ion battery factory, which is being developed by the Magnis-led Imperium3 consortium.

“We look forward to producing further batteries with continued improvements for this fast-growing sector, with the aim to eventually deploy C4V’s proprietary technology at Giga scale in New York and Australia.”

Magnis Chairman Frank Poullas said the technology is expected to undergo end user system level tests in the coming months.

“Fast charging in usually synonymous with batteries degrading quickly, however today’s results using an unoptimised cell are exciting and will improve further as the cell is optimised,” Mr Poullas continued.

“This news is highly encouraging for the global battery industry and for every EV manufacturer.”

“To be able to charge batteries within 6 minutes would be a game changer and its comforting to know that Magnis and C4V are at the forefront of this and other battery technologies.”

Advertisement