Lithium Werks, B.V., announces plans to start selling the world-renowned Nanophosphate® cathode powder for lithium batteries to lithium battery producers. Lithium Werks is also entertaining offers for licenses for its global portfolio of low-cost LFP manufacturing process patents.
AUSTIN, Texas and ENSCHEDE, The Netherlands, Sept 17 (Bernama-GLOBE NEWSWIRE) — Lithium Werks is pleased to announce that effective immediately, they are now selling their patented and proprietary, world leading Nanophosphate® powder. This technology was originally developed by MIT, and then first commercialized by A123 Systems, Inc. Lithium Werks has acquired rights to the game-changing, cobalt-free cathode material and is now willing to sell this leading LFP powder to lithium ion battery producers. While other battery companies are currently trying to reduce the amount of cobalt in their lithium ion batteries, Lithium Werks has succeeded in eliminating not only cobalt, but the expensive and heavy metal nickel. Nanophosphate® has been used and validated in over 10,000 hybrid electric buses on the road for millions of miles since 2014, as well as used in many other medical, industrial and energy storage products over the last decade.