Demand for high-performance cells continues to grow
Demand for high-performance cells continues to outpace what existing lithium-ion cell architectures can deliver. Conventional formats are hitting hard limits on energy density and charge speed, leaving a gap that the market has been unable to close.
Lionvolt, a Dutch company based in Eindhoven, The Netherlands, developed a proprietary 3D anode architecture that allows lithium high energy density cells with high charge and discharge characteristics and strong cycle life performance. The agreement paves the way for LionVolt to expand its existing cell production capacity and launch its initial product to meet a growing demand for its entry market.
JR Energy Solution, the world’s first battery foundry, brings deep experience in delivering and scaling next-generation cell chemistries from prototype to giga-scale, making it a natural manufacturing partner for LionVolt’s expansion.
Kevin Brundish, CEO of LionVolt said “We are uniquely placed in the Netherlands in that we can already make cells. Due to exceptional performance characteristics, our capacity is insufficient to meet the level of interest we have seen in our initial product offering. Our agreement with JR Energy provides additional manufacturing capacity, almost immediately, from Korea whilst in parallel we work collaboratively to design a larger facility in Europe to secure a European supply chain into key and sensitive markets.”
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