Saft to invest €200m in battery alliance says report

May 29, 2018 //By Nick Flaherty
Saft to invest €200m in battery alliance says report
French battery maker Saft is planning to invest €200m in a European technology alliance says a report by Reuters.

The alliance with Siemens, Solvay and Manz aims to demonstrate lithium ion cells with 5,000–10,000 cycle lifetimes with a 10 year lifetime in electric vehicles by next year. The alliance covers electro-mobility for EVs, e-Bus, Railway, Marine and Aviation as well as energy storage (ESS) and specialty industries.

“The target is to demonstrate a prototype cell at lab level by the fourth quarter of 2019 and build a 2MWh pilot line by Q4 2021,” said the company.  This will be followed by a 1GWh production plant by 2023.

“Saft has 100 years of experience in research, development and manufacturing of high performing industrial cells and batteries, including over 25 years in lithium-ion,” said Ghislain Lescuyer, CEO of Saft.  "This program is focusing on the battery technology of the future, and when development of such solid-state technology is successfully achieved, innovative industrialization processes with scalable 1 GWh manufacturing blocks will start. Batteries are at the heart of the current technological revolution. Their development and production play a strategic role in the ongoing transition to clean mobility and clean energy systems,” he said.

As part of the project, Saft will also develop a solid-state battery technology with twice the energy capacity of today's cells for production by 2025.

www.saftbatteries.com


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