RUSNANO Approves Russo-Chinese Lithium Battery JV

Under the project, a plant will be built in Novosibirsk with four production lines from Thunder Sky (China), which is its coinvestor.

Published: 02-Jan-2010

The Supervisory Council of RUSNANO has approved the corporation’s participation in a project aimed at establishing the production of state-of-the-art lithium-ion batteries, the first in the country. The batteries in this collaborative undertaking will be targeted toward the growing market for green e-transportation, energy, telecommunications, and several other industrial areas.

Under the project, a plant will be built in Novosibirsk with four production lines from Thunder Sky (China), which is its coinvestor. Thunder Sky is the only company in the world engaged in mass production of rechargeable storage batteries for micro- and e-busses. Proprietary technologies of the company include a unique system for rapid – less than half an hour – battery charging and the ability to produce high-capacity up to 700 Ah batteries.

Thunder Sky’s patented technology ensures that its cost of production and price at sale are considerably lower than the nearest competitors’. Its products are being tested in Europe by some of the world’s largest automotive companies—Daimler Benz, Fiat, BMW, Citroen—and by Nokia for use in base stations.

The Russia-based enterprise established under this project will produce, foremost, lithium batteries for all types of electric vehicles, including motorcycles and buses with electric motors. One of the greatest advantages of these batteries is that they are free of ”memory effect” after numerous cycles of charge and discharge. When used in public transportation, the batteries guarantee a 350-kilometers energy reserve after one charge. In the future, new technologies will make it possible to expand the energy reserve to 600 kilometers after one charge. Moreover, the batteries can carry out a quick recharge in only 30-minutes.

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