The AMY board wnt slightly nuts when this was posted; but since it involves lithium it also matters to CRE ENJOY
This is huge! And its in the mainstream media, Larry nees to get talking to this company!
Envia Systems, a battery maker based in California, announced on Monday what it called a “major breakthrough” in lithium-ion cell technology that would result in a significant increase in the energy density — and a sharp reduction in the cost — of lithium-ion battery packs. Envia is financed by the Energy Department and G.M. Ventures, the venture-capital arm of General Motors, as well as other investors.
“We will be able to make smaller automotive packs that are also less heavy and much cheaper,” Atul Kapadia, chairman and chief executive of Envia, said in a telephone interview. “The cost of cells will be less than half — perhaps 45 percent — of cells today, and the energy density will be almost three times greater than conventional automotive cells.”
Mr. Kapadia continued: “What we have are not demonstrations, not experiments, but actual products. We could be in automotive production in a year and a half.”
Envia, which was founded in 2007 and has licensed some technology from Argonne National Laboratory, was awarded $4 million in late 2009 by the Energy Department’s ARPA-E program, which finances advanced energy research. As a founding principle, the program was designed “to develop lithium-ion batteries with the highest energy density in the world.”
The advances were credited to the company’s proprietary cathode, anode and electrolyte materials, including manganese for the cathode. G.M. Ventures, in announcing its $7 million investment in Envia last year, noted that the company’s materials would “store more energy per unit of mass than current cathode materials.” Because the cathode was a “key driver” in the cost of a pack, the venture firm said, “the more energy the cathode delivers, the lower the battery cost because fewer cells are needed.”
Envia’s announcement said that its packs would deliver cell energy of 400 watt-hours per kilogram at a cost of $150 per kilowatt-hour. Though it doesn’t disclose a cost breakdown,Tesla Motors rates the energy density of its Roadster’s packat 121 watt-hours per kilogram. Envia said its energy-density performance was verified in testing of prototype cells at the Naval Service Warfare Center’s Crane evaluation division.
“If it’s true, it’s a huge breakthrough, because the main problem for battery cars has been cost,” David Cole, chairman emeritus of the Center for Automotive Research, a nonprofit research group based in Michigan, said in a telephone interview. “Right now, the lithium-ion battery is about three times as expensive as it should be for reasonable commercialization. That kind of cost target is the holy grail, and once it’s achieved it’s game on.”