In this month, power battery LN50 has been trial manufactured. The model LN50 size is 26×148×97mm and the weight of cell is 205Wh/Kg. Its continuous charging/discharging current is 50Ah. Under the condition of 0.5C/0.5C, this power battery cycle index more than two thousand cycles. The appearance of this new type of battery brings new choices to our customers, it has made new contributions to the advancement of battery technology.

　　Jin Quan factory is approved to be provincial “Post-doctor innovation practice Base” On00 Dec 19, 2017, indicating our R&D, technical process development, theory & practice are well recognized by the government and academia. 　　Since the foundation of Jin Quan factory, we set recruiting high-level qualified personnel as main route to company innovation and development. we have a qualified R&D team now with new material, renewable energy, physical chemistry, machinery automation etc background. 　　Approval of the “Post-doctor innovation practice Base” will enable us to take advantage of resource advantage in industry and academia to combine education with production and research, also help with transformation of scientific and technological achievements.

The Battery Series is a five-part infographic series that explores what investors need to know about modern battery technology, including raw material supply, demand, and future applications. Explaining the Surging Demand for Lithium-Ion Batteries In Parts 1 and 2, we examined the evolution of battery technology as well as what batteries can and cannot do. In this part, we will tackle demand in the rechargeable battery market, with a major focus on the rapidly growing lithium-ion segment. For many decades, lead-acid batteries have been the most important rechargeable batteries in our lives. Even in 2014, about 64.5% of all revenues in the rechargeable battery market were from lead-acid sales, mainly to be used for automotive starters. Why? Despite not being the most energy dense batteries, lead-acids are proven and can supply high surge currents. They are also extremely cheap to manufacture, costing around $150 per kWh of energy capacity. ENTER LITHIUM-ION The first lithium-ions were not cheap. In fact, early batteries produced commercially in the mid-90s typically costed upwards of $3,000 per kWh of energy. Luckily, the cost of lithium-ion batteries has come down dramatically, making it the battery of choice for consumer electronics throughout the 2000s. And recently, scientists have made even more progress, opening the lithium-ion to many more applications, namely in electric vehicles. In 2008, analysts estimated that lithium-ion battery packs costed $600-$1,200 per kWh, but this range would drop to $500-800 per kWh over the following four years. Tesla now claims that a Tesla Model S battery cost is $240 per kWh and that the expected cost for a Model 3 is $190 per kWh. At $240 kWh, lithium-ions become competitive with $3/gallon gas. At $150, they are even competitive with $2 gas. Giant megafactories such as Tesla’s Gigafactory 1 will also help bring economies of scale to lithium-ion production, making them even less cost-prohibitive. Soon battery packs will cost closer to $100 per kWh, which will make them essentially cheaper than all gas-powered vehicles. DEMAND FOR LITHIUM-ION BATTERIES Major advancements in lithium-ion battery technology have been a game-changer. Cheaper, more-effective lithium-ions are now taking over the battery market. In 2014, lithium-ions made up 33.4% of the rechargeable battery market worldwide, worth $49 billion. By 2025, it is estimated by Bernstein that the rechargeable battery market will more than double in size to $112 billion, while lithium-ion’s market share will more than double to 70.0%. The key driver? The automotive segment. In 2010, the automotive sector was a drop in the bucket for lithium-ion battery sales. Five years later, automotive made up more than $5 billion of sales in a sector worth nearly $16 billion. THE EV GOES MAINSTREAM In 2015, almost half a million cars were sold in the US with an electric drive component. 14% of these sales were battery electric vehicles (BEVs): 71,000 Battery EVs (14%) 43,000 plug-in hybrids (9%) 384,000 hybrids (77%) = 498,000 electric drive vehicles But as a part of total US auto sales, BEVs still made up less than 1% of sales: 71,000 battery EVs (0.4%) 43,000 plug-in hybrids (0.3%) 384,000 hybrids (2.3%) 16,900,000 gas/diesel sales (97%) However, in the near future, this is expected to change fast. By 2040, approximately 35% of all global sales will be BEVs. This will put electric vehicle sales at close to 40 million per year globally, meaning a lot of energy will need to be stored by batteries. Bloomberg New Energy Finance expects that at this point, that electric vehicles will be pulling more than 1,900 TWh from the grid each year. How much is 1,900 TWh? It’s enough to power the entire United States for 160 days. And to meet this demand for lithium-ion powered vehicles, a massive amount of battery packs will need to be manufactured.

There’s no doubt that the lithium-ion battery has been an important catalyst for the green revolution,but there is still much work to be done for a full switch to renewable energy. Right now,scientists see many upcoming battery innovations that have the promise to do this.However,the road to commercialization is long,arduous,and filled with many unexpected obstacles. THE NEAR-TERM:IMPROVING THE LI-ION For the foreseeable future,the improvement of battery technology relies on modifications being made to already-existing lithium-ion technology.In fact,experts estimate that lithium-ions will continue to increase capacity by 6-7%annually for a number of years. Here’s what’s driving those advances: Efficient Manufacturing Tesla has already made significant advances in battery design and production through its Gigafactory: Better engineering and manufacturing processes. Wider and longer cell design allows more materials packaged into each cell. New battery cooling system allows to fit more cells into battery pack. Better Cathodes Most of the recent advances in lithium-ion energy density have come from manipulating the relative quantities of cobalt,aluminum,manganese,and nickel in the cathodes.By 2020,75%of batteries are expected to contain cobalt in some capacity. For scientists,its about finding the materials and crystal structures that can store the maximum amount of ions.The next generation of cathodes may be born from lithium-rich layered oxide materials(LLOs)or similar approaches,such as the nickel-rich variety. Better Anodes While most lithium-ion progress to date has come from cathode tinkering,the biggest advances might happen in the anode. Current graphite anodes can only store one lithium atom for every six carbon atoms–but silicon anodes could store 4.4 lithium atoms for every one silicon atom.That’s a theoretical 10x increase in capacity! However,the problem with this is well-documented.When silicon houses these lithium ions,it ends up bloating in size up to 400%.This volume change can cause irreversible damage to the anode,making the battery unusable. To get around this,scientists are looking at a few different solutions. 1.Encasing silicon in a graphene“cage”to prevent cracking after expansion. 2.Using silicon nanowires,which can better handle the volume change. 3.Adding silicon in tiny amounts using existing manufacturing processes–Tesla is rumored to already be doing this. Solid-State Lithium-Ion Lastly,a final improvement that is being worked on for the lithium-ion battery is to use a solid-state setup,rather than having liquid electrolytes enabling the ion transfer.This design could increase energy density in the future,but it still has some problems to resolve first,such as ions moving too slowing through the solid electrolyte. THE LONG-TERM:BEYOND THE LITHIUM-ION Here are some new innovations in the pipeline that could help enable the future of battery technology: Lithium-Air Anode:Lithium Cathode:Porous carbon(Oxygen) Promise:10x greater energy density than Li-ionProblems:Air is not pure enough and would need to be filtered.Lithium and oxygen form peroxide films that produce a barrier,ultimately killing storage capacity.Cycle life is only 50 cycles in lab tests. Variations:Scientists also trying aluminum-air and sodium-air batteries as well. Lithium-Sulphur Anode:Lithium Cathode:Sulphur,Carbon Promise:Lighter,cheaper,and more powerful than li-ionProblems:Volume expansion of up to 80%,causing mechanical stress.Unwanted reactions with electrolytes.Poor conductivity and poor stability at higher temperatures. Variations:Many different variations exist,including using graphite/graphene,and silicon in the chemistry. Vanadium Flow Batteries Catholyte:Vanadium Anolyte:Vanadium Promise:Using vanadium ions in different oxidation states to store chemical potential energy at scale.Can be expanded simply by using larger electrolyte tanks. Problems:Poor energy-to-volume ratio.Very heavy;must be used in stationary applications. Variations:Scientists are experimenting with other flow battery chemistries as well,such as zinc-bromine. BATTERY SERIES:CONCLUSION While the future of battery technology is very exciting,for the near and medium terms,scientists are mainly focused on improving the already-commercialized lithium-ion. What does the battery market look like 15 to 20 years from now?It’s ultimately hard to say.However,it’s likely that some of these new technologies above will help in leading the charge to a 100%renewable future.

Tesla’s Gigafactory 1 has been a center of attention for people interested in the growing momentum behind green energy,electric cars,and battery production.Therefore,it is no surprise that this facility was in the news again last month,with Tesla starting to mass produce batteries as it ramps up to its goal of 35GWh of capacity and beyond. However,as exciting as this project is,it’s actually just one of multiple large-scale“megafactories”being built–with many of them being in China. CHINA LEADING THE CHARGE We talked to Simon Moores,Managing Director at Benchmark Mineral Intelligence,who explained that Tesla isn’t alone or unique in its ambitions to build lithium-ion batteries at scale: While the Tesla Gigafactory is vitally important from an EV vertical integration perspective,the majority of new lithium-ion battery capacity is being built in China.Some of these plants are expected to be huge such as the CATL facility at 50GWh–there is little doubt that China’s lithium-ion industry has come of age. Contemporary Amperex Technology Ltd(CATL)has plans to build the largest lithium-ion megafactory of all–but the company is little known in North America.It’s already worth$11.5 billion,and could be a dominant force globally in the battery sector if it successfully increases its lithium-ion production capacity six-fold to 50GWh by the year 2020. Other Chinese manufacturers are on a similar trajectory.Panasonic,LG Chem,and Boston Power are building new megafactory plants in China,while companies such as Samsung and BYD are expanding existing ones.All lithium-ion plants in China currently have a capacity of 16.4GWh–but by 2020,they will combine for a total of 107.5GWh. CAPACITY BY COUNTRY This ramp up in China means that the country will have 62%of the world’s lithium-ion battery production capacity by 2020. There are only three other players in the megafactory game:United States,South Korea,and Poland. Above estimates on battery capacity courtesy of Benchmark Mineral Intelligence.