LITI O N
HIGH ENEGRY
BATTERIES
high-energy density battery
!
LITHIUM-METAL-POLYMER SECONDARY
BATTERIES FOR PORTABLE APPLICATIONS
Nikita Rats, CEO
January, 2014

PROBLEM
50
๏
Cell phones - usually operate about a day without
recharge
37,5
๏
!
Laptops - battery life ~ 8 hours and pure cyclability
25
๏ Power tools - battery life ~ 20 min
12,5
!
๏ EV milage between recharges ~100 km. Cyclability?
0
2012
Not enough wireless power to satisfy engineering needs
Lition LLC 2013 www.lition.ru

SOLUTION
Next-generation secondary batteries for portable apps
‣ 3x energy density
‣ Higher safety
‣ Less price for power
Up to a week of operation for smartphone without recharge
Lition LLC 2013 www.lition.ru

MARKET
Li-ion Battery sales, MWh, Worldwide (by
Avicenne)
30000
22500
15000
7500
0
2023
PPA - $12.4B (Navigant Research)
2000
Laptops
EV
E-bikes
Camcorders
2005
2010
2015
Cell phones
Tablets
Power tools
Others
Lition LLC 2013 www.lition.ru

BENEFITS IN
COMPARISON
Envia is a startup based in Newark, CA established in 2007. Envia received
~$10M in 2012, including investments of GM Venture. ARPA-E granted.
Envia battery
Lition battery
Energy density, Wh/kg
400
500*
Capacity, Ah/kg
89*
150-190
Cathode specific capacity, Ah/kg
250 (@3V)
Anode specific capacity, Ah/kg
1530
Electrolyte type
liquid
* calculated figures
2x
500 (@2.7V)
3000
gel-polymer
Lition LLC 2013 www.lition.ru

BENEFITS AND COMPETITORS
Lition LMP
(LiVOx-Li)
Energy density,
Wh/kg
Voltage, V
Cathode, base/
capacity, mAh/g
Anode, base/
capacity, mAh/g
Cycles number
(current value)
Cost,
$/kW
Production
*-forecast
Nexeon
(Si-Li)
A123
(LiFePO-C)
Sion Power
(S-Li)
Envia systems
(LiMn-Si)
400-500*
n/a
240
350-450
400
2,7
n/a
3,3
2,7
4,5
Lithium iron
Lithium Sulfur /
HC Manganese
phosphate / 170
400-800
Rich/ 250
LiVOx /400-500
no
Li / 3000
Silicon / 1000
Graphite / 300
Li / 1500
Si-C /1530
100
300
2000
80
450
100-400*
n/a
n/a
125*
no
no
no
no
Source: official web-sites, journals
1350 (cur.)
350* (by 2016)
yes
Lition LLC 2013 www.lition.ru

TECHNOLOGY
+
e
-
Nano vanadium oxide (3X)
(instead of сobalt oxide)
Specific capacity 500 Ah/kg
(150 Аh/kg for cobalt oxide)
Polymer electrolyte
No degradation and safety
Ionic conductivity
up to 10 in (-3) S per sq. sm
Safe lithium metal (10X)
(instead of graphite)
Specific capacity 3000 Ah/kg
500
375
250
125
0
LCO
LFP
NMC
LITION
Specific energy, Wh/kg
Lition LLC 2013 www.lition.ru

PROJECT STATUS
๏ Energy
density 370 Wh/kg already achieved, capacity fade is
about 3%@100 cycles (laboratory cells)
๏ Successful high-current tests (fit for power-tools, EV)
๏ 20 mAh pouch cell prototypes
Potential, V (Li0/Li+)
4
10C
C/2
1C
5C
3
2
1
0
100
200
300
400
500
600
700
Capacity (mAh/g)
Lition LLC 2013 www.lition.ru

TO-DATE CATHODE
PERFORMANCE
Lithiated nano vanadium oxide (LVO) cathode
๏ High capacity and high thermal stability
๏ Low cost
Thermal Stabilities
Electrochemical properties
50
4,5
45
4
40
3
2,5
LVO
2
1,5
NMC
1
Heat Flow (Wg-1)
Voltage (v)
3,5
35
30
25
LVO
20
NMC
15
10
0,5
5
0
0
50
100
150
200
250
Specific capacity (mAh/g)
300
350
0
0
100
200
300
400
500
Temperature (°C )
Lition LLC 2013 www.lition.ru

BUSINESS MODEL
๏ Licensing
๏ Trade sale
๏ Mass production with strategic partner
Annual revenue in mln. US$
200
150
100
50
0
2013
2014
2015
2016
2017
2018
Lition LLC 2013 www.lition.ru

ROADMAP &
MILESTONES
-2013
2014
2015
2016-
R&D
cathode material
300 mAh/g
material R&D
completing
full-scale testing &
preparation for
mass production
IP protection
cathode material
other materials,
battery
product development
pouch-cell
prototype
0,2$M
100+ prototypes
for smartphones
battery licensing,
mass-production
preparations
large-scale
prototypes
2,5$M
Lition LLC 2013 www.lition.ru

INVESTMENT
OPPORTUNITIES
-2013
Developing of base
Stage content
materials, laboratory
tests, IP licensing
Money
required
0.2 $M
2014-2015
Completing of
development &
producing 100+
cellphone batteries
2,5 $M
2015-2016
Preparations for
mass production
or licensing
~ 30 $M
2016-
Full-scale
production
~ 300 $M
Self-funded ~ $40K
Source of
Skolkovo ~ $7K
Skolkovo grant ($1M)
Skolkovo grant
Rusnano+strategic
funding
Government grant ~
+investor ($1,5M)
+strategic partner
partner
$60K
Lition LLC 2013 www.lition.ru

COSTS OF LITHIUMION BATTERIES
Material Costs for 100-A·h High-Energy Cell and 10-A·h High-Power Cell
High-Energy Cell Material Costs
!
!
* Center for Transportation Research Argonne National Laboratory
Operated by The University of Chicago, under Contract W-31-109-Eng-38, for the
United States Department of Energy
!

LITION BATTERY COST
๏Lition reduce the battery cost down to 100-400$ per kWh
Cell components average cost
300
$/kWh
225
150
75
0
Cathode
C-LCO
Li-LiVO
Electrolyte(/+separator)
Anode
Cathode cost that is ~50% of total materials cost
will be reduced in 4 times (per kWh)
Lition LLC 2013 www.lition.ru

!
!
!
!
!
!
!
!
Nikita Rats, PhD – CEO. 6+ years of experience in technology
start-up companies including international experience.
!
Dmitry Semenenko, PhD – Senior researcher. 20+ papers and 3
patents in electrochemistry.
!
Alexander Skundin, Prof., Dr. – CTO. 20+ years of experience in
electrochemistry: 500+ papers, 5 patents, h-index12. Acting
professor at Frumkin Institute RAS.
!
Victor Krivchenko, PhD – Senior engineer. 10+ papers, 1 patent
in electrochemistry.
!
!
Lition LLC 2013 www.lition.ru
!
TEAM

next-gen lithium power
low-cost 3Х power for portable devices
Thank you for attention
Nikita Rats
CEO
mailto: n.rats@lition.ru
mob. +7 910 479 13 43
Lition LLC 2013 www.lition.ru