Tuesday, May 15, 2007

LTC ready to plug its batteries into the hybrid revolution?

It's all about iron phosphate chemistry

Lithium Technology Corporation announced yesterday that the company has made a significant advancement in their lithium iron phosphate battery technology which is now ready to power a new generation of hybrid cars and plug-in hybrid vehicles.

"The technology we can offer the automotive industry today is unmatched by any other battery power solution on the market," commented Dr. Klaus Brandt, executive vice president of LTC and managing director of LTC subsidiary GAIA Akkumulatorenwerke (GAIA). "Others have been estimating up to a year to deliver the technology we are proud to make available today. We have proven the superiority of our technology in the past, and with the iron phosphate product we have raised the bar even further."

"Batteries made of LTC's cells can provide 3000 charging cycles, which would be able to do 150,000 miles to 80% capacity for a 100 km or 60 mile all electric range plug in hybrid, which no other technology can claim," said Dr. Andrew Frank, Professor, Mechanical and Aeronautical Engineering at the University of California, Davis. "The new cells from LTC provide improved safety with the iron phosphate chemistry while delivering the impeccable performance they are known for, which is what the auto makers have been in search of; this is a Company that is seriously committed to making hybrid, plug-in hybrid and electric vehicles an affordable reality for the consumer."

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