SMW technology will cooperation between power and promote the commercialization of solid-state batteries energy storage field

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the SMW power and can technology co. , LTD in hangzhou advance license agreement, the two sides have solid state lithium electricity production technology licensing cooperation reached a preliminary consensus, is expected to start operation after signing the formal cooperation agreement by the end of the year.

the beginning of the cooperation will be aimed at the solid state lithium battery energy storage applications, provided by the fai can science and technology to the SMW power production license, authorize the energy density of about 240 wh/kg of solid-state batteries, battery production technology, to provide the core of the equipment and materials needed for production, and help the factory planning and guidance. SMW power will become to science and technology in energy storage market exclusive licensing partner. Based on hui can science and technology of solid-state batteries high automation production technology and accumulation in the field of energy storage market resources, SMW power will gradually promote the industrialization of solid state lithium electricity, and after the realization of energy storage using solid state lithium electricity commercially, entering the electric car market in a planned way.

based on safety and energy density advantages, solid-state batteries has become an important direction of the development of lithium battery in the future. Through this strategic cooperation, the two sides will combine their own advantage resources, carry out from technology to the full range of business level and depth of cooperation, in order to realize the complementary advantages of both sides, achieve the goal of win-win.