button battery cr1620.Wanxiang 123 all-solid-state battery research and development achieved breakthrough, energy storage market application can benefit

　　Through a joint development agreement, Wanxiang 123 and Ionic Materials have developed an industry-first innovative approach to manufacturing all-solid-state batteries. This will accelerate the commercialization of this technology. By combining Ionic Materials' advanced conductive ionic polymers with A123's next-generation ternary/graphite lithium-ion chemistry, Wanxiang 123 and Ionic Materials jointly developed a product with high energy density, high safety and no use Batteries with flammable liquid electrolytes. By not using special electrodes such as metallic lithium, all-solid-state batteries with solid polymer electrolytes will be brought to market faster.

　　This innovation enables the mass production of full-size all-solid-state lithium-ion batteries and achieves the goals of safer, lighter and simpler electric vehicles with the highest cost-effectiveness. Energy storage market applications could also benefit from this technology, reducing or even eliminating the need for cooling and fire suppression. This unique approach allows all-solid-state batteries to be brought to market in 2022.

　　This technological breakthrough reflects Wanxiang 123’s long-standing commitment to innovation. "The collaborative effort between Wanxiang and Ionic Materials has been an extremely creative and successful collaboration. The result is a technologically advanced product that we are proud of. We are honored to be the first to launch this product." , said Jim Paye, chief technology officer of Wanxiang 123. Mike Zimmerman, CEO of Ionic Materials, agrees, “The synergy between our two companies has resulted in a series of collaborations that are necessary to succeed in the evolving battery space. We look forward to the future as we work to commercialize this technology. continue to achieve success in the process of standardized application.”

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