Volt Carbon Technologies Reaches 1,100 Cycles with Its High Energy Density Lithium Iron Phosphate / Li-Metal Battery
Volt Carbon Technologies has achieved a significant milestone in battery technology, reaching 1,100 cycles with its proprietary Lithium Iron Phosphate / Li-metal (LFP) battery, retaining 80% capacity. The testing, conducted at their Guelph, Ontario facility, demonstrates substantial progress from the previously reported 800 cycles. The company's high-energy LFP technology addresses industry challenges by eliminating expensive nickel and cobalt materials while maintaining performance. This advancement positions the company for commercialization in electric vehicles, aerospace, and battery-powered devices markets.
Volt Carbon Technologies ha raggiunto un traguardo significativo nella tecnologia delle batterie, ottenendo 1.100 cicli con la sua batteria proprietaria in Fosfato di Litio e Ferro / Li-metal (LFP), mantenendo l'80% della capacità. I test, condotti presso la loro struttura di Guelph, Ontario, dimostrano un progresso sostanziale rispetto ai precedenti 800 cicli riportati. La tecnologia LFP ad alta energia dell'azienda affronta le sfide del settore eliminando materiali costosi come nichel e cobalto, mantenendo però le performance. Questo progresso posiziona l'azienda per la commercializzazione nei mercati dei veicoli elettrici, dell'industria aerospaziale e dei dispositivi alimentati a batteria.
Volt Carbon Technologies ha logrado un hito significativo en la tecnología de baterías, alcanzando 1,100 ciclos con su batería patentada de Fosfato de Litio y Hierro / Li-metal (LFP), manteniendo el 80% de capacidad. Las pruebas, realizadas en su instalación en Guelph, Ontario, demuestran un progreso sustancial respecto a los 800 ciclos reportados previamente. La tecnología LFP de alta energía de la empresa aborda los desafíos de la industria al eliminar materiales costosos como el níquel y el cobalto, manteniendo el rendimiento. Este avance posiciona a la empresa para la comercialización en los mercados de vehículos eléctricos, aeroespacial y dispositivos alimentados por baterías.
볼트 카본 테크놀로지스는 배터리 기술에서 중요한 이정표를 달성하여 1,100 사이클에 도달하였으며, 리튬 철 인산염 / 리튬 금속 (LFP) 배터리로서 80%의 용량을 유지하고 있습니다. 온타리오주 겔프에 있는 그들의 시설에서 실시된 테스트는 이전에 보고된 800 사이클에서 상당한 발전을 보여줍니다. 이 회사의 고에너지 LFP 기술은 성능을 유지하면서도 고가의 니켈과 코발트 재료를 제거하여 산업 과제를 해결합니다. 이 발전은 전기차, 항공우주 및 배터리 구동 장치 시장에서 상업화를 위한 회사의 입지를 강화합니다.
Volt Carbon Technologies a atteint un jalon significatif dans la technologie des batteries, atteignant 1 100 cycles avec sa batterie propriétaire en Phosphate de Lithium et de Fer / Li-métal (LFP), tout en conservant 80 % de sa capacité. Les tests, réalisés dans ses installations à Guelph, Ontario, montrent des progrès substantiels par rapport aux 800 cycles précédemment rapportés. La technologie LFP à haute énergie de l'entreprise répond aux défis de l'industrie en éliminant des matériaux coûteux tels que le nickel et le cobalt tout en maintenant les performances. Cette avancée positionne l'entreprise pour la commercialisation dans les marchés des véhicules électriques, de l'aérospatiale et des dispositifs alimentés par batterie.
Volt Carbon Technologies hat einen bedeutenden Meilenstein in der Batterietechnologie erreicht und 1.100 Zyklen mit seiner proprietären Lithium-Eisen-Phosphat / Li-Metall (LFP) Batterie erreicht, dabei 80% Kapazität beibehaltend. Die Tests, die in ihrer Einrichtung in Guelph, Ontario, durchgeführt wurden, zeigen erhebliche Fortschritte im Vergleich zu den zuvor berichteten 800 Zyklen. Die Hochenergie-LFP-Technologie des Unternehmens beantwortet die Herausforderungen der Branche, indem sie teure Materialien wie Nickel und Kobalt eliminiert und gleichzeitig die Leistung aufrechterhält. Dieser Fortschritt positioniert das Unternehmen für die Kommerzialisierung in den Märkten für Elektrofahrzeuge, Luft- und Raumfahrt sowie batteriebetriebene Geräte.
- Achieved 1,100 cycles with 80% capacity retention in LFP battery testing
- Significant improvement from previously reported 800 cycles
- Technology eliminates need for expensive nickel and cobalt materials
- Successfully developed proprietary electrolyte for enhanced battery performance
- None.
Calgary, Alberta--(Newsfile Corp. - October 28, 2024) - Volt Carbon Technologies Inc. (TSXV: VCT) (OTCQB: TORVF) ("Volt Carbon" or the "Company") is pleased to announce that, further to its last update on May 8, 2024, the Company has now reached 1,100 cycles in the testing of its proprietary Lithium Iron Phosphate / Li-metal (LFP) battery using its internally developed electrolyte.
Highlights
These batteries, manufactured at Volt Carbon's subsidiary, Solid Ultra Battery's ("SUB") facility in Guelph, Ontario, continue to show excellent performance, retaining
These results represent significant progress from the 800 cycles reported earlier this year and demonstrates the ongoing advancement of Solid Ultra Battery's high-energy LFP technology, positioning Volt Carbon to commercialize its innovative energy storage solutions.
Volt Carbon's high-energy LFP / Li-metal battery technology continues to address the industry-wide challenge of balancing cost-effectiveness with high performance. The breakthrough in cycle life further enhances the competitiveness of LFP / Li-metal chemistries for use in electric vehicles, aerospace, and battery-powered devices by eliminating the need for expensive nickel and cobalt materials.
Fig. 1: Li-Metal LFP Coin Cell, Charge/Discharge data, 2.5-4.0V, C/3, 25 °C
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9904/228007_8d09a91a1438482a_001full.jpg
Volt Carbon's CEO, V-Bond Lee, commented, "Our latest results mark a major milestone in our journey to revolutionize energy storage. Reaching 1,100 cycles reflects our team's commitment to pushing the boundaries of LFP / Li-metal battery technology. Our specially developed electrolyte has played a crucial role in ensuring the success of these results, and we look forward to advancing our technology even further in the coming months."
Next Steps
Volt Carbon will continue to enhance its LFP / Li-metal technology, with a goal of achieving
About Volt Carbon Technologies
Volt Carbon will continue to enhance its Li-metal LFP technology, with the goal of achieving
On behalf of the Board of Directors
Volt Carbon Technologies Inc.
V-Bond Lee, P. Eng.
CEO, President, Chairman of the Board and Director
Information Contact:
Email: info@voltcarbontech.com
Tel: (647-546-7049)
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
FORWARD-LOOKING STATEMENTS: This press release contains forward-looking statements, within the meaning of applicable securities legislation, concerning Volt's business and affairs. In certain cases, forward-looking statements can be identified by the use of words such as ''plans'', ''expects'' or ''does not expect'', "intends" ''budget'', ''scheduled'', ''estimates'', "forecasts'', ''intends'', ''anticipates'' or variations of such words and phrases or state that certain actions, events or results ''may'', ''could'', ''would'', ''might'' or ''will be taken'', ''occur'' or ''be achieved''.
These forward-looking statements are based on current expectations and are naturally subject to uncertainty and changes in circumstances that may cause actual results to differ materially. Although Volt believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that these expectations will prove to be correct. Such statements include statements with respect to: (i) management's belief it can develop a lithium (Li)-metal LFP battery to enhance energy density for this type of cathode; (ii) the Company's intention to significantly influence the competitiveness of batteries for electric vehicles and battery-powered devices by providing lower-cost alternatives through the elimination of nickel and cobalt; (iii) the Company's goal to achieve higher cycles and
All of the forward-looking statements made in this press release are qualified by these cautionary statements. Readers are cautioned not to place undue reliance on such forward-looking statements. Forward-Looking information is provided as of the date of this press release, and Volt assumes no obligation to update or revise them to reflect new events or circumstances, except as may be required under applicable securities legislation.
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FAQ
What milestone did Volt Carbon Technologies (TORVF) achieve in October 2024?
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What materials does Volt Carbon Technologies' (TORVF) LFP battery technology eliminate?
