vancouver's nano one benefits from tesla's lithium battery demand - li ion battery cell

The rapid rise of electricity
Car maker Tesla has increased demand for lithium batteries and their components, a Vancouver materials technology company that wants a place in the business.
Nano Materials Company
A new method has been developed for the manufacture of cathode material, a black powder substance for lithium batteries.
Nano One is building a $6 building
Million factories test their ability to produce commercial quantities of substances on production linestype setting.
Dan Blondal, CEO of Nano One, said: "We are at a stage and we have proved the technology to a certain extent . " Dan Blondal founded the company in 2011.
"We have tested this material and obtained the performance we expected, while also proving to ourselves the scale of this technology.
What we want is learning.
Pilot Plant)
Is it a platform that allows manufacturers to make materials for any type of battery and to go into many applications.
Blondal said that the lifetime of cathode materials created by nanotechnology in batteries may be three times that of current materials.
This will allow the battery to store more energy while reducing the cost of producing the hem.
Blondal said that the Nano one's R & D process has attracted a wide range of interest, including battery manufacturers and companies that use batteries in all products from small phones to large cars.
Most of his potential businesses are in East Asia, he added, as the world's largest battery producers are mainly in China, Japan and South Korea.
When the pilot plant proves the production feasibility of the company's cathode materials, the Nano One intends to authorize the technology to a larger participant.
"This is one of the areas where many companies are stuck and failing," he said of commercialism . ".
"We recognize that this is not our strength, so our plan is to attract partners who can help us in these areas.
Car makers are the main drivers of the battery market, says Blondal.
"It will be the automotive industry that will reduce costs because that's what cars do," Blondal said . ".
"They have very, very strong influence in the supply chain, they work with suppliers to reduce costs.
We have the same expectation for batteries . . . . . . We are well integrated.
Tesla's stock soared to $200 from $30 today. range in 2013.
Car manufacturers led by high-
Brief introduction CEO Elon Musk produced 50,000 electric vehicles in 2015 and plans to produce 500,000 each year starting in 2018.
Tesla will have thousands of small lithium-
Ion battery batteries because they are cheap to produce
Instead of using a single customization
Other electric vehicles in the market make batteriesas.
With the increase of production, the demand for lithium batteries will increase significantly.
According to a report from Taiyou research, the global lithium battery market is expected to reach $30 billion by 2020.
Efraim Levy, senior equity research analyst at S & P Global, reported on Tesla and said it was clear that the automaker was one of the main reasons for the demand for lithium batteries.
"Tesla is obviously a big driver because they plan to sell 500,000 batteries --
"Operating vehicles," Levy said.
"It makes them elephants in the room that can be left and right in the market.
. . . . . . We haven't seen 500,000 yet, but they are still buying a lot of lithium for their vehicle.
If they sell 40,000 or 50,000 this year, it still makes them an important player.
"The pilot plant of the Nano One is expected to be completed in early 2017, and the production testing process is expected to take two years.
Officials at the Nano One said the company would receive $2.
8 million to grant from the Canadian Foundation for Sustainable Development Technologies, a federal-funded foundation that finances the development of clean technology for the itstest plant in Canada.
The rest comes from the Nano and its investors.