Dow helps Shanghai Huayi accelerate the in-depth research and development and commercialization of lithium batteries for vehicles

The Dow Chemical Company recently signed a technology licensing agreement with Shanghai Huayi (Group) Co., Ltd. (hereinafter referred to as “Shanghai Huayi”), which is a non-exclusively authorized core material technology of advanced electric vehicle lithium-ion batteries, which helps Shanghai Huayi accelerate the in-depth research and development and commercialization of lithium batteries for vehicles, thus promoting the further development of China's electric vehicle industry.

Shanghai Huayi is one of China's large chemical enterprise groups with strong technical research and development strength. The technology that Dow authorized to Shanghai Huayi is the cathode materials for two lithium-ion batteries: lithium iron phosphate (LMFP) and lithium nickel manganese cobalt oxide (NMC). According to the agreement, Shanghai Huayi can not only in deepening the research and development of the technology, and non-exclusive derived battery material has the technology to manufacture, use, marketing, and patent application rights, but also can make use of this technology at the same time, the transfer of the related experimental resources, and, with the Dow in a wider range of business areas to promote the commercial application of the technology.

Dow authorized Shanghai lithium battery core material technology for Shanghai Huayi

In 2017, China's new energy vehicle sales exceeded 770,000 units, a year-on-year increase of 53%. According to China's Medium- and Long-Term Development Plan for the Automotive Industry, China's new energy vehicle production will reach 2 million by 2020, and will exceed 7 million in 2025. The power battery technology of electric vehicles is the core of the development of new energy vehicles.

Dow has a number of core material science and technology in power battery technology, including positive and negative electrode materials, positive and negative electrode binder process, electrolyte, etc., which play a key role in improving the energy density, range, safety performance and other indicators of the automobile battery.

Dr. Weiguang Yao, Chief Technology Officer of Dow Asia Pacific, said at the signing ceremony of the technology licensing: "Dow's lithium-ion battery cathode material technology is a global leader with complete intellectual property rights and has been recognized by many well-known customers and partners in China and the world. Widely recognized, it has been practically applied to electric CMB and electric logistics vehicles. Shanghai Huayi is one of the leading domestic chemical materials, and we are very happy to share this advanced technology with Shanghai Huayi, through the development of Huayi 'grafting' of resources and market resources enable the technology to better support the progress and development of China's electric vehicle industry."

Shanghai Huayi (Group) Co., Ltd. is a large-scale chemical enterprise group authorized by the Shanghai Municipal Government's State-owned Assets Supervision and Administration Commission and established through asset restructuring. It is also a strategic innovation partner of the Shanghai Science and Technology Commission. It now has three state-level enterprise technology centers, six national monitoring laboratories, five city-level enterprise technology centers, and 15 Shanghai high-tech enterprises ranked No. 110 in the top 500 manufacturing companies in China and 17th in the top 500 Chinese oil and chemical companies.

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