Canadian firm Electrovaya has secured a deal to supply a Chinese battery manufacturer with its lithium-ion separator technology.
The Chinese lithium-ion battery company qualified after intense testing of Separion in its electric vehicle program. The deal is expected to be worth around CAD$1 million (US$800,000).
Electrovaya estimates this could rise to more than Cad$15million (US$12million) in 2016.
SEPARION® is a flexible ceramic membrane developed by Evonik – the company Electrovaya bought in April click here for full story- as a battery separator in large format lithium-ion cells.
The deal follows the completion of an exclusive contract to supply a German vehicle manufacturer with the Separion.
Charles Zhang, Separion sales agent in China, said: “We are seeing a strong response from Chinese battery manufacturers for Separion, and numerous leading companies are asking for samples.”