Swiss-headquartered battery firm targets Chinese transportation market
Leclanché has received certifications recognising its LTO battery cell’s compliance with China’s latest standards, a pre-requisite to providing battery solutions to power electric vehicles in China.
This certification corresponds to the latest standards issued by the Standards Administration of China, and covers requirements in terms of lifetime, safety and performance under the following standards: “GB/T 31484-2015 Cycle Life Requirements and Test Methods for Traction Battery of Electric Vehicle, GB/T 31485-2015 Technical Requirements and Test Methods for Traction Battery of Electric Vehicle Safety Requirements, and GB/T 31486-2015 Technical Requirements and Test Methods for Traction Battery of Electric Vehicle Electrical Performance.”
Anil Srivastava, CEO of Leclanché, said: “With the expected doubling of electric vehicle battery capacity in China by 2020 and lithium batteries as the key technology, the opportunities for Leclanché are significant. This is an important milestone for Leclanché and will support the growth strategy of the company.”
The company says it is in advanced discussions with several parties in China and plans to develop strategic partnerships in technology licensing, low-cost manufacturing and, in particular, the more than US$100 billion Chinese e-transport market.
This certification is a further testament to the efficacy of Leclanché’s superior LTO cell technology. The certification was performed by China North Vehicle Quality Supervision Inspection Testing Centre, an independent test laboratory.
This follows Leclanché’s announcement in February of achieving 60% revenue growth for 2016, in line with guidance, and that the company is on track to deliver above-market revenue growth in 2017. Growth is supported by its current pipeline of awarded and expected projects standing at over 450 MWh.