At The Batteries, we have developed an innovative manufacturing concept, which solves the major challenge facing thin-film batteries production – significantly reduce the cost of manufacturing and make it economically viable to produce advanced thin-film batteries for large applications.
Our unique manufacturing concept includes the combination of deposition methods (not previously viewed as suitable for mass production) with innovative in-line equipment, which in combination allows to significantly increase the production rate and lower the cost of production.
The primary objective of The Batteries project is to achieve 2 major breakthroughs in the manufacturing of thin film batteries:
• Significantly reduce the cost of production and
• Significantly increase the productivity rate of the deposition equipment.
Both factors should lead to a possibility of manufacturing of high capacity and high energy density thin film batteries (TFB) with economically reasonable price.
While keeping the current materials, battery design and Physical Vapor Deposition (PVD), as a proven technology for TFB, our technological concept is based on the combination of cost efficient and highly productive PVD technologies with innovative in-line equipment, which in combination allows to significantly increase deposition rate and lower the cost of production.
Within next stage (2019-2021) we will industrialize our technology at the pilot facility and begin early stage production and trial cases of thin-film batteries for selected customers. Once successful, we will use the results of the trial cases to raise funding for the 2 MWh/year mass production plant with consequent production growth to 8 MWh/year within two years.
Our plan, spanning from July 2019 to December 2021, has three major aims. The first one is finalizing research and first serial product development (January 2020 to February 2021) consisting of acquiring certifications, undergoing batteries tests with partners and future clients as well as setting up and rollout of full-fledged distribution. The next key task is mass production design (July 2019 to December 2020) targeted at the development of mass production approach and documentation enabling for further rollout of production within the last “Mass production piloting and upscale” (August 2020 to December 2021).
Thin film technology provides fundamental improvements to all parts of the battery: anode, electrolyte and cathode. And thus overcomes other technologies, that provide only minor improvements to rechargeable batteries, making TFB superior to traditional batteries.
With our proprietary manufacturing process economies of scale would work in TFB production and would disrupt the market of rechargeable batteries and trigger overall shift towards solid-state batteries.
It would have wide impact to the market and society. Thin film batteries not only have superior parameters, longevity and safety. It is easier to recycle thin film batteries than conventional Li-Ion or Li-Pol batteries and with extended longevity they would reduce the use of resources and waste.
