Nanomedics to Enter Chinese Electric Vehicle Market with Graphene-Enhanced Secondary Batteries
[Asia Economy Reporter Hyungsoo Park] Nanomedics is securing the position of the second largest shareholder in a Chinese secondary battery company to embark on the development of next-generation batteries. It is expected to dramatically increase usage time compared to existing secondary batteries by utilizing graphene.
Nanomedics announced on the 14th that it invested 40 million yuan (6.77 billion KRW) in Jiangsu Fengcheng New Energy Power Technology (FC New Energy), a Chinese secondary battery company, securing a 28.57% stake. Nanomedics will strengthen cooperation as the second largest shareholder of FC New Energy.
FC New Energy has secured top-level technology in the Chinese secondary battery industry. In August last year, it developed the 5th generation polymer cell ‘260wh/kg (55Ah)’ polymer battery. It passed the China Compulsory Certification (CCC) and was registered with the Ministry of Industry and Information Technology. Recently, it partnered with Korean companies to develop 6th generation and next-generation cells such as 320wh/kg and 400wh/kg. The CCC is a mandatory product certification system required for shipment and sales within China.
At the end of last year, FC New Energy began research on graphene-applied battery development by receiving graphene supply from Standard Graphene and collaborating with Yexin New Energy Co., Ltd., an electric vehicle battery manufacturer under Zhongxin Group.
Research results confirmed that battery cells using graphene as the anode material increased capacity more than threefold compared to graphite, the conventional anode material. While batteries using graphite have a capacity of 200~300mAh/g, using graphene as the anode material increased capacity up to 800~1000mAh/g.
Based on the research results, FC New Energy is producing large batteries for electric vehicles using graphene in collaboration with Standard Graphene and Nanomedics. They are also considering applying graphene not only to the anode material but also to conductive materials, which serve as pathways for lithium-ion movement, and battery materials where resistance occurs.
A Nanomedics official said, “The joint development of next-generation graphene secondary batteries by FC New Energy, Standard Graphene, and Nanomedics will gain momentum,” adding, “FC New Energy is a company that has already verified its external product reliability to the extent of signing supply contracts for 60,000 battery packs.”
He continued, “FC New Energy is an excellent company with technology and mass production capabilities related to secondary batteries, and its order volume is rapidly increasing,” adding, “It is currently in investment discussions for expansion with prominent companies such as Thailand’s CP Group and BAIC, a subsidiary of China’s Beijing Automotive Group, which owns Asia’s largest electric vehicle dedicated factory.”
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He also emphasized, “Once graphene batteries are commercialized, they can be immediately supplied to the market through FC New Energy’s mass production facilities and network.”
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