South 8 Demonstrates Lithium Nickel Manganese Oxide (LNMO) Battery Electrolyte [Yahoo! Finance]
MITSUBISHI CH GRP U/ADR (MTLHY)
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Source: Yahoo! Finance
lithium-ion batteries, has demonstrated high performance on cobalt-free, low nickel, and high-energy battery cells designed for next generation electric vehicles (EV). This work is supported by funding from the U.S. Department of Energy's Advanced Research Projects Agency-Energy (ARPA-E) through the EVs for American Low-carbon Living ( EVs4ALL ) program. An automotive OEM is South 8's partner in this project. The goal of the EVs4ALL program is to develop a reliable, inexpensive battery that can charge fast, and provide improved performance and range retention in cold weather compared to state-of-the-art commercial options. One program outcome is to grow EV market share by developing next-generation battery technologies that significantly improve electric vehicle affordability, convenience, reliability, and safety. In the first six months of the three-year effort, South 8 demonstrated world-class performance on 18650 lithium-ion batteries. Specifically, LiGas electrolyte demonstrat
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