LITION HIGH ENEGRY
BATTERIES
!
LITHIUM-METAL-POLYMER SECONDARY BATTERIES FOR PORTABLE APPLICATIONS
Nikita Rats, CEO
January, 2014
high-energy density battery
Lition LLC 2013 www.lition.ru
PROBLEM
0
12,5
25
37,5
50
2012
๏ Cell phones - usually operate about a day without recharge !
๏ Laptops - battery life ~ 8 hours and pure cyclability
๏ Power tools - battery life ~ 20 min !
๏ EV milage between recharges ~100 km. Cyclability?
Not enough wireless power to satisfy engineering needs
Lition LLC 2013 www.lition.ru
SOLUTION
‣ 3x energy density
‣ Higher safety
‣ Less price for power
Next-generation secondary batteries for portable apps
Up to a week of operation for smartphone without recharge
Lition LLC 2013 www.lition.ru
MARKET
Li-io
n Ba
ttery
sale
s, M
Wh,
Wor
ldw
ide
(by
Avice
nne)
0
7500
15000
22500
30000
2000 2005 2010 2015
Laptops Cell phonesEV TabletsE-bikes Power toolsCamcorders Others
2023 PPA - $12.4B (Navigant Research)
Lition LLC 2013 www.lition.ru
BENEFITS IN COMPARISONEnvia is a startup based in Newark, CA established in 2007. Envia received ~$10M in 2012, including investments of GM Venture. ARPA-E granted.
Envia battery Lition batteryEnergy density, Wh/kg 400 500*Capacity, Ah/kg 89* 150-190Cathode specific capacity, Ah/kg 250 (@3V) 500 (@2.7V)Anode specific capacity, Ah/kg 1530 3000Electrolyte type liquid gel-polymer
* calculated figures
2x
Lition LLC 2013 www.lition.ru
BENEFITS AND COMPETITORSLition LMP (LiVOx-Li)
Nexeon (Si-Li)
A123 (LiFePO-C)
Sion Power (S-Li)
Envia systems (LiMn-Si)
Energy density, Wh/kg
400-500* n/a 240 350-450 400
Voltage, V 2,7 n/a 3,3 2,7 4,5
Cathode, base/capacity, mAh/g
LiVOx /400-500 noLithium iron phosphate / 170
Lithium Sulfur / 400-800
HC Manganese Rich/ 250
Anode, base/capacity, mAh/g
Li / 3000 Silicon / 1000 Graphite / 300 Li / 1500 Si-C /1530
Cycles number (current value)
100 300 2000 80 450
Cost,$/kW
100-400* n/a1350 (cur.) 350* (by 2016)
n/a 125*
Production no no yes no no
*-forecast Source: official web-sites, journals
Lition LLC 2013 www.lition.ru
Polymer electrolyte No degradation and safety Ionic conductivity up to 10 in (-3) S per sq. sm
Safe lithium metal (10X)(instead of graphite) Specific capacity 3000 Ah/kg
Nano vanadium oxide (3X)(instead of сobalt oxide) Specific capacity 500 Ah/kg(150 Аh/kg for cobalt oxide)
0125250375500
LCO LFP NMC LITIONSpecific energy, Wh/kg
TECHNOLOGY+
e
-
Lition LLC 2013 www.lition.ru
PROJECT STATUS๏ Energy density 370 Wh/kg already achieved, capacity fade is
about 3%@100 cycles (laboratory cells) ๏ Successful high-current tests (fit for power-tools, EV) ๏ 20 mAh pouch cell prototypes
0 100 200 300 400 500 600 7001
2
3
4
Capacity (mAh/g)
Pote
ntia
l, V
(Li0 /L
i+ )
C/21C5C10C
Lition LLC 2013 www.lition.ru
TO-DATE CATHODE PERFORMANCELithiated nano vanadium oxide (LVO) cathode ๏ High capacity and high thermal stability ๏ Low cost
0 0,5
1 1,5
2 2,5
3 3,5
4 4,5
0 50 100 150 200 250 300 350
Volta
ge (v
)
Specific capacity (mAh/g)
Electrochemical properties
LVO
NMC
0
5
10
15
20
25
30
35
40
45
50
0 100 200 300 400 500
Heat
Flo
w (W
g-1)
Temperature (°C )
Thermal Stabilities
LVO
NMC
Lition LLC 2013 www.lition.ru
BUSINESS MODEL๏ Licensing ๏ Trade sale ๏ Mass production with strategic partner
0
50
100
150
200
2013 2014 2015 2016 2017 2018
Annual revenue in mln. US$
Lition LLC 2013 www.lition.ru
ROADMAP & MILESTONES
product development
IP protection
-2013 2014 2015
100+ prototypesfor smartphones
material R&D completing
full-scale testing &preparation for
mass production
R&D
2,5$M
2016-
large-scale prototypes
battery licensing, mass-production
preparations
cathode material 300 mAh/g
pouch-cell prototype
cathode material other materials,battery
0,2$M
Lition LLC 2013 www.lition.ru
INVESTMENT OPPORTUNITIES
-2013 2014-2015 2015-2016 2016-
Stage contentDeveloping of base materials, laboratory tests, IP licensing
Completing of development & producing 100+ cellphone batteries
Preparations for mass production or licensing
Full-scale production
Money required 0.2 $M 2,5 $M ~ 30 $M ~ 300 $M
Source of funding
Self-funded ~ $40K Skolkovo ~ $7K Government grant ~ $60K
Skolkovo grant ($1M) +investor ($1,5M)
Skolkovo grant+strategic partner
Rusnano+strategic partner
COSTS OF LITHIUM-ION BATTERIES
Material Costs for 100-A·h High-Energy Cell and 10-A·h High-Power Cell
High-Energy Cell Material Costs !!
* Center for Transportation Research Argonne National Laboratory Operated by The University of Chicago, under Contract W-31-109-Eng-38, for the United States Department of Energy
!
Lition LLC 2013 www.lition.ru
LITION BATTERY COST
Cathode cost that is ~50% of total materials cost will be reduced in 4 times (per kWh)
Cell components average cost
$/kW
h
0
75
150
225
300
C-LCO Li-LiVO
Cathode Electrolyte(/+separator) Anode
๏Lition reduce the battery cost down to 100-400$ per kWh
Lition LLC 2013 www.lition.ru
TEAM!!!!!!!!Nikita Rats, PhD – CEO. 6+ years of experience in technology start-up companies including international experience. !Dmitry Semenenko, PhD – Senior researcher. 20+ papers and 3 patents in electrochemistry. !Alexander Skundin, Prof., Dr. – CTO. 20+ years of experience in electrochemistry: 500+ papers, 5 patents, h-index12. Acting professor at Frumkin Institute RAS. !Victor Krivchenko, PhD – Senior engineer. 10+ papers, 1 patent in electrochemistry. !!!!
Lition LLC 2013 www.lition.ru
Thank you for attention
Nikita Rats CEO
mailto: [email protected] mob. +7 910 479 13 43
next-gen lithium power
low-cost 3Х power for portable devices