BioSolar Provides Updates on Its EV Battery Solution
Sep. 15, 2020 3:30 AM ETGlobeNewswireBioSolar, Inc. (BSRC)
SANTA CLARITA, Calif., Sept. 15, 2020 (GLOBE NEWSWIRE) -- BioSolar, Inc. (BSRC) (“BioSolar” or the “Company”), a developer of breakthrough energy storage technology and materials, today reported on the status of its Silicon Oxide Composite technology program, one designed to meet the global automotive need for better batteries and is focused on increasing storage capacity, extending life and lowering cost.
The first development phase, Material Design and Selection, started with the selection of baseline materials to establish initial performance benchmark before adjustments are made. These materials are subjected to proposed manufacturing processes to produce Silicon Oxide Composite anode materials. Half-cell prototype batteries are then constructed to obtain battery performance characteristics including first cycle efficiency and capacity fading over extended cycles. This step also includes electrochemical analysis of the materials and process adjustments to further improve the key battery material characteristics.
“We have recently completed the first step of the Material Design and Selection phase for the Silicon Oxide Composite Processing technology program,” said Dr. David Lee, CEO of BioSolar. “This process will be repeated until desired anode material properties are obtained and verified by battery performance data before moving onto the next phase. In the next development phase, researchers will focus on optimization and improvement of the manufacturing process to produce the Silicon Oxide Composite anode material.”
The Silicon Oxide Composite anode has generated significant interest of late because of its superior cycle and calendar life performance. BioSolar and its partner are currently developing a new processing technology to produce a type of Silicon Oxide Composite anode material that will also significantly lower the cost of lithium-ion batteries for EVs. Pursuit by prominent automotive brands as well as battery manufacturers recently was reflected in a recent report stating the global electric vehicle battery market would reach $87 billion by 2027.
