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As electric vehicles(EVs) from Tesla Inc. (NASDAQ: TSLA), General Motors Co. (NYSE: GM), Ford Motor Co. (NYSE: F) and Stellantis NV (NYSE: STLA) catchfire in the wake of Hurricane Ian , manufacturers have placedrenewed urgency on finding safer, less fire-prone batteries to powertheir EVs.
Theoutbreak of EV fires mirrors the aftermath of Hurricane Sandy in 2012when over 300 EVs manufactured by Fisker Inc. (NYSE: FSR) caught fire in Newark, NewJersey.
To addressthose serious safety issues, Electrovaya Inc. (OTCQB: EFLVF)has spent decades refining its proprietary Infinity Battery platformto offer one of the safest lithium-ion batteries on the market.Here’s what sets its technology apart from the rest.
Solving Lithium Ion Battery Safety IssuesRemains An Industry Wide Challenge
Leading EV battery suppliers like LG EnergySolution Ltd. (KRX: 373220), Panasonic Holdings (OTCMKTS:PCRFY) and Contemporary Amperex Technologies Co. Ltd. (SHE:300750) have been working hard to improve the safety of theirtechnology but still face regular recalls. That’s becauselithium-ion batteries are fire-prone by nature. The liquid electrolytethat the battery’s charge flows through is a highly flammablesolvent.While certain design features can help minimize safety andfire risk, defective materials, damage, or the gradual degradation ofmaterials with time can all make the battery more vulnerable tofailure.
Electrovaya’s InfinityBattery Aims to Set the Standard for Safety in Lithium Ion Technology
To make its InfinityBattery platform as safe as possible, Electrovaya uses a pouchcell design with a proprietary electrolyte optimized to withstand hightemperatures and a unique woven ceramic separator that can withstandextreme heat.
That design ensures multiple levels of thermal protection todecrease the likelihood of a fire while the pouch cell design offers afinal stop-gap safety measure to contain any fire within thesub-module where it ignited, thereby preventing flames from escapingthe enclosure.
Inaddition to the safe design of the battery cells themselves,Electrovaya has developed its own cloud-based Battery ManagementSystem that monitors battery health, temperature and charging state toanticipate repairs and maintenance needed as well as automaticallyshut down the battery when it detects unsafe conditions. It’sfeatures like these that helped the battery successfully pass safetytesting to receiveUL 2580 certification , an industry safety standard for EVbatteries.
Thetechnology, having already been used to power about 20,000 Daimlersmart cars, Electrovaya says batteries with the Infinity Technologyhas had zero safety incidents to date, making them one of the fewlithium ion battery platforms have no known safetyincidents.
About ElectrovayaInc.
Electrovaya Inc. (TSX: EFL) (OTCQB: EFLVF) is apioneering leader in the global energy transformation, focused oncontributing to the prevention of climate change by supplying safe andlong-lasting lithium-ion batteries without compromising energy andpower. Electrovaya is a technology-focused company with extensive IP,designs, develops, and manufactures proprietary lithium-ion batteries,battery systems, and battery-related products for energy storage,clean electric transportation, and other specialized applications.Company's Infinity line of batteries is focused on commercialvehicles and its Solid State Technology under Development is focusedon passenger vehicles. To learn more about how Electrovaya is poweringmobility and energy storage, please explorewww.electrovaya.com.
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