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GM investment in research and development of innovative battery company

    Recently, GM announced that GM, through its affiliated venture capital firm in California to the safety of energy systems (EnviaSystems) battery technology company Strategic Investment $ 7,000,000, for a new generation of lithium-ion battery cathode technology research and development.

    U.S. security to the industry's leading patent system has high energy density, low-cost lithium-ion battery cathode technology.glue stick The system's strategic and security cooperation to ensure the future of this technology in electric vehicle GM product applications. This is a General Motors announced earlier this month following the U.S. Department of Energy's Argonne National Laboratory on advanced composite electrode materials reach licensing agreement, R & D on electric vehicles in the future is another strategic move.

    Venture with General Motors also participates in the strategic investment of security system companies can include Asahi Kasei (AsahiKasei) and Asahi Glass (AsahiGlass), while the current security system has been a strategic investor to the Bay Area Partnership Investment (BayPartners) , red dot Investment (Redpoint), glue gun and Pangaea Ventures also participated in the total amount of $ 17,000,000 in the joint injection.

    "By using energy-rich manganese cathode materials to solve the next generation of battery safety, two key problems --- to improve performance and reduce costs." An energy system joint venture, Chairman and CEOAtulKapadia said. An advanced energy technology uses a cheap cathode materials, cathode than the existing technology, can significantly improve the energy stored per unit. Take the battery cathode material because the main costs, high energy cathode material can reduce the number of batteries, thus reducing overall costs.

    "In the small battery on the test results show that energy security can increase the energy composite cathode material of lithium-ion battery energy density up to 1 / 3, while maintaining a consistent reliability, safety and durability." Director of Electric and General Motors Executive Director of MickyBly battery system, said, "is expected by increasing the energy density and lower material costs, will greatly reduce the overall cost of the battery, which used in the Chevrolet Volt (configuration Gallery reputation Forum) Blue Da, Kosovo electric vehicles. On the cathode material technology can also be applied to other needs of low-cost and high energy density of the device. "

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