Supercharge Commercial Lithium-ion Battery

Lithium-ion detectors are not scarce, and the fields of lithium ore and battery chemistry will become crowded.

Further downstream, the market for lithium-ion battery parts and processing technologies has also begun to slow, but it is curious that ASX focused companies never seem to understand the opportunity to make a complete lithium-ion battery.

In fact, only one ASX listed company seems to have recognized and seized this opportunity-the Israel-based but Perth listed Ultracharge.

Ultracharge released an announcement this week, which is a huge change for small lithium-ion battery technologists.

The company has signed an agreement with an Israeli manufacturer of electric scooter vehicles called Blitz Electric Motors to provide a complete lithium ion battery that will use Ultracharge's internal battery cathode technology.

The announcement effectively removed Ultracharge from the team of battery component technology experts and entered the full range of lithium ion battery manufacturers.

Incredibly, Ultracharge says it will be the only ASX listed company that can apply for full lithium-ion battery maker status once its deal with Blitz is completed.

Ultracharge has signed a conditional purchase agreement with Blitz to provide high-pressure lithium-ion batteries for the company's two-wheeled electric scooter.

The deal will see Ultracharge design, develop and manufacture two types of lithium ion "bag batteries" that will be fully compatible with Blitz's electric motorcycle series.

Although Ultracharge is essentially a technical expert on lithium-ion battery parts, the deal will make it a battery manufacturer, with the market advantage of its unique "lithium, nickel, manganese oxide" or "LNMO" battery cathode technology.

Ultracharge says its LNMO battery cathode has many advantages and is perfect for the electric scooter market and other emerging markets.

According to the company, its LMNO cathode can produce batteries that are 20 inches stronger than existing batteries, provide more torque and horsepower for the rear wheels, provide fewer battery units per battery, and thus reduce weight.

More importantly, however, especially in the electric motorcycle market, Ultracharge says its batteries may increase the range of Blitz's motorcycles from 100 kilometers to 200 kilometers, which is likely to attract almost all electric motorcycle manufacturers.

Blitzkrieg, however, was clever enough to lock on to Ultracharge's LMNO batteries-but only for 18 months, and only for Blitz to buy $4 million worth of batteries in the next 12 months.

The deal effectively gave Bliz the advantage of "first listing," but did not limit Ultracharge's entry into the global electric motorcycle battery market in the medium term.

Unlike most other lithium ion battery manufacturers, Ultracharge has developed how to make its batteries without using cobalt. Cobalt is currently in desperate demand and currently prices more than $90,000 per ton.

The company says it can halve the cost of conventional lithium-ion batteries, mainly because it does not use expensive cobalt.

All this has led to the laying of supercharges that require cheaper, more durable and more powerful batteries, the nectar of the gods in the world of pedals, especially in places where electric skateboards such as the subcontinent and China are overloaded.

Size is certainly not a problem for Ultracharge.

Blitz's deal is particularly important because of the motorcyclist's broad geographical location and impressive client list, according to company management. Blitzkrieg operates in Europe, India, Argentina and Turkey. It also lists global brands such as McDonald's and Pizza Hut in its client list.

In the next three years, the supercharge contract will provide an estimated 28,000 batteries for the Blitz.

"The contract with Blitz Electric Motors is another important milestone in our cobalt free lithium-ion battery solution, and it clearly shows that UltraCharge is able to tailor the solution to specific end user requirements," said KobiBen-Shabat, UltraCharge's chief executive. "

"As the only company listed on ASX and the few pure lithium-ion battery companies in the world that can produce lithium-ion batteries, we can take full advantage of major global market opportunities and we look forward to strengthening our market leadership in the lithium-ion battery market. "

Raphael Moszynski, founder and chief executive of Blitz Electric Ltd., said: "Using Ultracharge's revolutionary cobalt-rich lithium ion battery product is closely linked to the core goals of BlitzMotors to help our environment and greatly reduce costs, while improving electric performance provides our customers with scooter. "

Ultracharge also uses the "anode" technology for lithium-ion batteries developed by Nanyang Technological University in Singapore. This technology allows lithium-ion batteries to charge more quickly, keep the charging time longer, and cycle up and down many times before their life is exhausted.

The company replaced the typical graphite anode in most lithium-ion batteries with proprietary titanium dioxide nanotube gel technology, which is said to be 20 times faster than ordinary lithium-ion batteries.

In addition, Ultracharge is also developing its own "electrolyte" solution for lithium-ion batteries, which can extend the service life and performance of batteries at high and low temperatures.

With all the hype about lithium, it is only a matter of time before ASX's listed company goes bankrupt and starts making actual lithium-ion batteries, and Ultracharge appears to be leading the most profitable market.

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