Stationary batteries are set to be a $100 billion by 2025 , and new battery start-up All Polymer Battery is on the brink of take a piece out of that market with the eponymously named expertise, an all-polymer battery.
Invented by Hideaki Horie, who pioneered the Nissan Leaf, the best-selling EV for a decade, whereas working at Nissan, the expertise guarantees to be 90% cheaper than customary batteries.
“The problem with making lithium batteries now is that it’s device manufacturing like semiconductors,” Horie stated in an interview. “Our goal is to make it more like steel production.”
Horie says his course of is extra akin to creating a sandwich than the moisture-controlled clear rooms required to make customary Lithium-ion batteries.
His resin-based battery course of permits for 10-meter-long battery sheets that may be stacked on high of one another “like seat cushions” to extend capability, he stated.
The foremost disadvantage of the expertise is vitality density, which is why APB is concentrating on the stationary market in buildings, places of work and energy crops first.
Horie has teamed with Sanyo Chemical Industries Ltd., to develop the world’s first battery utilizing a conductive gel polymer and have already got their first buyer lined up, a big Japanese firm whose area of interest and high-value-added merchandise promote principally abroad.
The firm has additionally raised eight billion yen ($74 million) to totally equip one manufacturing unit for mass manufacturing slated to begin subsequent 12 months with plans to increase to 1 gigawatt-hour capability by 2023.
“This will be the proof that our batteries can be mass-produced,” Horie stated. “Battery makers have become assemblers. We are putting chemistry back into the lead role.”
