Lition presentation

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


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


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)


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


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


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

-


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


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


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$


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


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 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


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. !!!!


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

mailto:[email protected]

Technology

Lition presentation