Objective
Electric vehicles (EV) are unquestionably the future of mobility, with numerous initiatives to accelerate its adoption. Nonetheless, technical gaps still exist on EV usage – several of them relating with battery capacity, cost, performance and safety concerns, which create several barriers for EV wider market uptake. Hereto, Battery Management Systems (BMS) have been playing a key role in optimizing the use of continuously larger battery stacks with improved endurance, performance and reliability, typically representing around 15% of the overall battery cost. Hereto, reducing their cost and improving their performance is key to minimize the battery-related bottlenecks for wide EV adoption.
LiBAL has developed a novel Integrated Circuit for Advanced Battery Management (ICAB). ICAB is an ASIC-based integrated circuit to be deployed as a local monitoring unit within large BMS. ICAB offers several disruptive features, including 1) an unmatched cost per monitored lithium cell (>50% lower than alternatives from major manufacturers), 2) enabling more efficient energy balancing across cells in the battery pack without ramping overall costs, through a unique, patent-protected hybrid balancing method and 3) is prepared to reduce the complexity of master/slave communication wiring through powerline communications.
To bridge the remaining steps towards full scale commercialization of ICAB, LiBAL has not only to widely demonstrate it in full scale but also to consolidate our strategic partnering throughout the EV value chain to ensure enough muscle for ICAB’s production ramp-up. The to-market maturation of ICAB within the present innovation project represents a strategic opportunity yielding a very large business potential for our company – opening a potential revenue stream summing up to over €325 mn over the 5-years post market introduction, from which LiBAL stands to capture over €63 mn as additional gross profits, while creating +50 new positions at our company.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- social sciences social geography transport electric vehicles
- natural sciences chemical sciences inorganic chemistry alkali metals
- engineering and technology mechanical engineering vehicle engineering automotive engineering
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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H2020-EU.3.4. - SOCIETAL CHALLENGES - Smart, Green And Integrated Transport
MAIN PROGRAMME
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H2020-EU.2.1.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT)
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H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
SME-1 - SME instrument phase 1
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-SMEInst-2016-2017
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Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
2765 Smorum
Denmark
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.