GM-backed startup reports battery breakthrough

Mike Colias

Published: February 28, 2012 6:00 am ET

Related to this story

Topics Sustainability, Automotive

DETROIT (Feb. 28, 1:35 p.m. ET) — A startup backed by General Motors claims it has developed a breakthrough lithium ion battery that could slash the cost of electric vehicles.

Envia Systems said today that it has produced lighter, more powerful battery cells than cells now used in EVs. The Newark, Calif., company said the technology could reduce by more than half the cost of a battery pack in an EV with a 300-mile electric range.

“There is this enormous race going on” to develop higher-density batteries, which are considered the key to making less-costly EVs that can go longer distances between charges, Envia CEO Atul Kapadia said in an interview. “What we’ve done is leapfrog all existing technologies.”

Envia said its advanced cathode technology enables its battery to produce 400 watt-hours per kilogram, at an estimated cost of $125 per kilowatt-hour. Batteries used in EVs today produce 80 to 150 watt-hours per kilogram, at a cost of $250 to $350 per kilowatt hour, Envia says.

Envia could have the technology in commercial production by 2014, Kapadia said. He said several automakers are evaluating its technology, including “major” players in Japan, Korea and the United States.

The company said that the performance of its battery was independently tested by the Naval Surface Warfare Center in Indiana.

In January 2011, GM’s venture-capital arm invested $7 million in Envia, which raised an additional $10 million from several other investors.

Kapadia said GM remains Envia’s largest investor and is the “most aggressive and most enthusiastic” automaker interested in its battery, although GM does not have contractual rights to the technology.

Jon Lauckner, who last week was named GM’s chief technology officer, sits on Envia’s board of directors. Lauckner also is president of GM Ventures.


Comments

GM-backed startup reports battery breakthrough

Mike Colias

Published: February 28, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Canadian mold maker Thibault adding to new operation in Mexico

August 27, 2014 3:19 pm ET

Canadian mold maker I Thibault Inc has purchased an established Mexican company, Tecnimoldes SA de CV, for a seven-figure-dollar-sum and renamed it...    More

Image

Sony entering recycled PC market

August 27, 2014 11:08 am ET

Consumer electronics giant Sony Corp. is getting into a sideline of selling recycled resins.    More

Image

Canadian thermoformer ICI gets new financial backing

August 26, 2014 3:11 pm ET

Innovative Composites International Inc. (ICI) will get a $1.5 million infusion in the form of a loan and equity funding to cover a corporate...    More

Image

New contract for JCI workers heads off potential strike in Ontario

August 25, 2014 3:17 pm ET

About 300 unionized workers at a Johnson Controls Inc. interiors plant in Ontario ratified a new three-year contract, heading off a potential strike...    More

Image

A123 Systems re-energizes its future

August 25, 2014 10:40 am ET

Battery maker A123 Systems LLC has new leadership and a new strategy expected to help the company generate just above a net zero cash flow on revenue ...    More

Market Reports

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Pipe, Profile & Tubing Extrusion in North America 2014

U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.

Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.

Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

Learn more

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.

Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.

Learn more

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events