While more traditional lithium-ion batteries – we're talking here about lithium cobalt oxide (LiCoO2), lithium-manganese oxide (LiMn2O4) and lithium-nickel oxide (LiNiO2) – grab most of the headlines, the Quebec-based arm of Sud-Chemie AG hopes that lithium iron phosphate ( LiFePO4) will quickly become the attention getter of the future. Sud Chemie AG, a German-based absorbents and catalysts company, has extended $75 million in funds to its Quebec-based advanced battery division in order to build the world's largest LiFePO4 battery production facility.
The battery facility will employ at least 50 experienced technicians and plans call for the production of up to 2,500 metric tons of the LiFePO4 material per year, enough to power 50,000 EVs or about 500,000 hybrids. LiFePO4 is touted for its ability to safely accept a fast charge and, while it isn't currently used in any production vehicle, Sud-Chemie is getting ready for that to change soon.
[Source: Canadian Business]