Magnis Energy Technologies Ltd (ASX:MNS) (OTCMKTS:URNXF) is impressed by the strong Fast Charging (FC) battery results achieved using commercial optimised cells.
The optimised multilayer 1.6 Ah pouch cells using BMLMP Technology are developed by Magnis’ partner Charge CCCV LLC (C4V), in which the company has a 9.65% stake.
Design work and equipment order is now underway to fast-track the Extra Fast Charging (EFC) program to deliver over 85% charge in six minutes.
Fast charging results
Cycling results from an optimised commercial size cell to date using BMLMP technology have produced cycling life retention of more than 75% after 2,513 cycles with a 30-minute charge and 30-minute discharge.
The optimised cell is within 99% energy density of a regular energy cell, which means minimal energy density loss for an FC cell.
Such high-power density without any cobalt and nickel for a non-LFP cell makes C4V a leading company in the market, as they demonstrate cutting edge battery technologies.
Battery cells optimised for fast charging is required to maximise charging energy efficiency, battery life and safety.
Initial EFC 6-minute results, while impressive, are too early to report, as only 100 cycles have been completed to date.
In parallel variations are being made designed for minimum impedance and fastest charging.
"Excited by ongoing results"
Magnis’ technology partner C4V is at the forefront of this technology development and has been working with end-users including commercial EV manufacturers to develop a future proof design for EFC batteries, with a focus on low cost and a sustainable supply chain.
C4V has also placed an order for higher power test equipment and has started preparing for >20Ah cell construction, which would eventually be scaled to >50Ah prismatic cells to be used at iM3N
C4V president Shailesh Upreti said: “We are really excited by the ongoing results that we continue to achieve using this technology, and I believe this is one of the most exciting technologies currently in play for the transportation industry as well as certain parts of the Grid market.
“We look forward to providing further progressive results.”