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The technology race in Lithium-Ion batteries is accelerating

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ImTC Member Level  Monday, 12/28/20 08:22:45 AM
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The technology race in Lithium-Ion batteries is accelerating - NCMA will be introduced in 2021, reducing costs per kWh further

According to a recent article in The Korea Times, LG Energy Solution Michigan, Inc. planned to supply to General Motors's ULTIUM battery from 2022/2023 onward with cells using NCMA as cathode material. While we anticipated late 2022 for the introduction of NCMA in our technology roadmap, this date is now moving even further ahead to second half of 2021, when LG Energy solutions is starting to supply Tesla in China already with NCMA cells. The Cathode Material is supplied by the Korean company L+F.

NCMA replaces Manganese with Aluminium, and has a Ni-share of over 90%. This reduces the cost of the cell compared to NCM811, while the energy density is further increased.

Besides LG Chem, also SK innovation and Samsung SDI will introduce high-Energy NCM with more than 90% Nickel from 2021/2022.

Stay tuned for further #lithiumionbatteries news!

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If THEIR IS ONE THING I AM SURE ABOUT IS I AM USUALLY WRONG
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