- Volt Carbon Technologies (TSXV:VCT) reached a major milestone testing of its proprietary lithium iron phosphate / Li-metal battery
- Volt Carbon’s subsidiary, Solid Ultra Battery, based in Guelph, Ontario, has produced batteries that maintain 80 per cent capacity after 1,100 cycles, showcasing impressive performance
- This marks a notable improvement from the 800 cycles reported earlier this year, highlighting the progress in Solid Ultra Battery’s high-energy LFP technology and paving the way for Volt Carbon to bring its innovative energy storage solutions to market
- Volt Carbon Technologies stock last traded at $0.02
Volt Carbon Technologies (TSXV:VCT) reached a major milestone testing of its proprietary lithium iron phosphate / Li-metal (LFP) battery.
The team announced on Monday that it has now reached 1,100 cycles using its internally developed electrolyte.
“Our latest results mark a major milestone in our journey to revolutionize energy storage,” Volt Carbon’s CEO, V-Bond Lee, said in a news release. “Our specially developed electrolyte has played a crucial role in ensuring the success of these results, and we look forward to advancing our technology even further in the coming months.”
Volt Carbon’s subsidiary, Solid Ultra Battery, based in Guelph, Ontario, has produced batteries that maintain 80 per cent capacity after 1,100 cycles, showcasing impressive performance. This marks a notable improvement from the 800 cycles reported earlier this year, highlighting the progress in Solid Ultra Battery’s high-energy LFP technology and paving the way for Volt Carbon to bring its innovative energy storage solutions to market.
The company’s LFP/Li-metal battery technology effectively tackles the industry’s challenge of achieving a balance between cost and performance. The recent advancements in cycle life enhance the appeal of LFP/Li-metal chemistries for applications in electric vehicles, aerospace, and battery-operated devices, as they reduce reliance on costly nickel and cobalt materials.
Looking forward, Volt Carbon aims to further improve its LFP/Li-metal technology, targeting 80 per cent capacity retention and even longer cycle life in the next development phase. Additionally, the company plans to expand battery production at its Guelph facility to meet the growing demand for its advanced energy storage solutions.
Volt Carbon Technologies is a carbon science company with specific interests in energy storage and green energy creation, with holdings in mining claims in the provinces of Ontario, Québec, and British Columbia in Canada.
Volt Carbon Technologies stock last traded at $0.02.
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(Top image: Volt Carbon)
