Litarion GmbH Electrovaya Inc. Lithium Ion Technology beyond the Standard Company Presentation 08/2017
Company Group System integration: From cassettes and modules up to MWh scale energy storage 160,000 sq feet facility in Mississauga, Canada. NMP-free electrode process; 150 patents Supplier of electrodes, separators, and cells State of the art manufacturing facility with 500 MWh annual capacity (2.5 million 50 Ah cell eq.) Certified according to ISO/TS 16949 and various ISO standards Located in Kamenz, Germany IP: electrodes, nano-c/si and ceramic separators; ~ 350 patents Company Presentation 08/2017 Page 2
Milestones 2016 2016 2015 Launch of LITACELL TM LC-44 2015 Launch of LITACELL TM LC-40 2014 Acquisition by Electrovaya Inc. 2014 Global marketing of LITARION and SEPARION 2012 Certification ISO/TS 16949 2007 2007 2009 2010 Certification ISO 9001 Mass production of Litarion components for Daimler s e-smart Ground Breaking of new production facility Market introduction of LITARION electrodes and SEPARION separators 2007 Foundation of Evonik Litarion GmbH, Kamenz, Germany Company Presentation 08/2017 Page 3
Litarion & Electrovaya Covering the entire value chain Company Presentation 08/2017 Page 4
Applications and Markets Large Energy Storage Systems Smart Grid Micro Grid Small Energy Storage Systems Residential PV Energy Storage Industrial Forklift Motive Power E-Bus EV, HEV E-Ferry Company Presentation 08/2017 Page 5
Surface Our products promote Quality, High Performance and Safety SEPARION Ceramic Separator: SEPARION SEPARION 25 C 240 C < 1% shrinkage (24 h / 200 C) Polymer fibres Unique safety properties Superior temperature stability Extraordinary cycle life and cell performance Efficient processing (wetting, low curling, etc.) Ceramic Particles full ceramic composite (rather than just ceramic top coat) Company Presentation 08/2017 Page 6
SEPARION Separators: Increased safety with ceramics Ceramic material embedded into a PET non-woven support: PET non-woven support Flexible ceramic separator (SEM cross-section) Ceramics (Surface view) Ceramics and non-woven form a single-layer network Company Presentation 08/2017 Page 7
SEPARION - outstanding dimensional stability at high temperature Typical ceramic-coated separator compared to SEPARION SEPARION Coated PO SEPARION Coated PO SEPARION Coated PO 25 C 127 C 138 C Wrinkles due to shrinkage SEPARION Coated PO SEPARION Coated PO SEPARION Coated PO < 1% shrinkage @ 200 C 143 C 149 C 188 C Company Presentation 08/2017 Page 8
Our products promote Quality, High Performance and Safety Unparalleled cycle life and performance Up to 9000 cycles (100% DoD, 1C/1C) 93% of nominal capacity available at 5 C discharge Suitable for all high performance applications, e.g. stationary, automotive, industrial applications Company Presentation 08/2017 Page 9
Our products promote Quality, High Performance and Safety LITACELL TM Lithium-ion cell : Superior Cycle and Calendar life Based on LITARION electrodes Features SEPARION ceramic separator High quality: design and components Made in Germany Company Presentation 08/2017 Page 10
LITACELL cycle data Extraordinary cycle life performance: 3000 full cycles at 1C/1C passed with 91% capacity remaining, extrapol. 6000 cycles until EOL of 80% 2650 full cycles at 2.25C/2.25C until EOL of 80% All data obtained in LITACELL LC-40 cells at 100% DOD Company Presentation 08/2017 Page 11
LITACELL passes all abuse tests at EUCAR Hazard Level 2 or 3: ELECTRICAL MECHANICAL THERMAL Over- Charge (EUCAR 3) Short Circuit (EUCAR 3) Nail (EUCAR 3) Crush (EUCAR 3) Heating (EUCAR 3) Forced Discharge (EUCAR 2) Crush (EUCAR 3) Company Presentation 08/2017 Page 12
Cassettes and Modules as versatile building blocks LITACORE Cassette: 6-7 cells, various configurations: 1S6P, 2S3P, 3S2P, 7S1P 1 kwh nominal capacity Laser welded tabs Sensors for T and U LITASTORE Module: 14 cells (14S1P) 48 V / 44 Ah 2.3 kwh nominal capacity Laser welded tabs BMS and CAN bus 6 or 7 pcs. of LC-40/44/54 Company Presentation 08/2017 Page 13
Litarion - High-quality & performance Made in Germany Strong technical support close to the customer Price competitive Highest automotive standard component manufacturing ISO/TS 16949 SEPARION Unique safety features Components and design made in Germany LITARION Outstanding cycle and calendar life Proven in multitude of demanding applications Company Presentation 08/2017 Page 14