Electrovaya Labs announces initial solid state battery results

Preliminary results for this Solid State battery approach using lithium metal anodes shows capacity retention after 80 cycles

TORONTO — Electrovaya Inc., a lithium ion battery manufacturer with substantial intellectual property, announced that its research division, Electrovaya Labs, has produced initial test results using a proprietary approach for a solid state (NMC cathode/lithium metal anode) battery. The initial results have demonstrated minimal capacity fade, and multiple tests have demonstrated the repeatability of the performance with coin cells at room temperature.

Electrovaya has filed patents for what it believes to be a novel technology. The Company intends to progress to producing larger pouch cells by Q1 CY2022, and to scale-up and commercialise the solid state battery technology thereafter.

Solid state batteries have the possibility of substantially increasing energy density and improve other battery parameters and may have many benefits in the battery energy storage and electrical transportation sector.

Electrovaya Inc. designs, develops and manufactures proprietary Lithium Ion batteries, battery systems, and battery-related products for energy storage, clean electric transportation and other specialized applications.