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Good News for EV Market – Upcoming Lithium-Ion Battery Technology Can Recharge in One Minute – Manganese futurist and Canadian entrepreneur shares his EV market perspective

Manganese X Energy Corp CEO Martin Kepman on Lithium-Ion Battery Technology & How Manganese Will Play an Important Role!

Martin Kepman, a Manganese futurist and Canadian entrepreneur shares his EV market perspective on the continuing development of Lithium-Ion Battery Technology.

Manganese X 4 27 22 CP Blog Upcoming Lithium Ion Battery Technology Can Recharge in One Minute Increasing Demand for Lithium Manganese Google Docs

A new development in lithium-ion battery research and engineering may transform the electric vehicle (EV) and hybrid industry in the near future. A team of researchers at the Korea Advanced Institute of Science and Technology (KAIST) has developed a hybrid lithium-ion battery capable of recharging in under a minute, which may solve a prominent energy storage issue in the EV sector.

“The hybrid lithium-ion battery, which has a high energy density (285 Wh/kg) and can be rapidly charged with a high-power density (22,600 W/kg), is overcoming the limitations of the current energy storage system . . . The research team synthesized a porous carbon hollow structure with a large surface area by changing the orientation of the polymer resin from linear to twisted. When the twisted resin was carbonized, more micropores were formed, and a carbon structure with a surface area 12 times larger than that of the conventional linear resin was created. The carbon structure created through this process was used as a capacitor-type cathode material. In addition, the anode was made using a germanium-embedded hollow carbon nanosphere material to reduce degradation and maximize the dispersion of lithium ions.”

This is one of many emerging technologies that will change the game in multiple industries, particularly the EV and smart device sector, by making portable battery technology longer-lasting and reducing issues with energy storage for EV users. For many consumers, a prominent factor in choosing not to make the switch to an electric vehicle is what experts call “range anxiety” — a worry about the limited range of electric vehicles compared to traditional automobiles, which can be refueled at any time. Though Tesla provides Supercharger stations, which recharge Tesla vehicles in fifteen minutes, most electric vehicles take up to eight hours to recharge, placing severe limits on their range.

While the new hybrid lithium-ion battery is not ready for commercial distribution, other researchers around the world are working on similar technologies. Volvo, the first manufacturer –of traditional cars to commit to full electrification in coming years, has invested in the Israeli startup StoreDot. StoreDot will be mass producing a fast-charging EV battery — which charges up to 100 miles in just five minutes — by 2024, and has plans for even faster charging batteries by 2028 and 2030. “Tesla and Volkswagen are among the automakers who see manganese . . . as the latest, alluringly plentiful metal that may make both batteries and EVs affordable enough for mainstream buyers . . . the industry needing all the batteries it can get, improved high-manganese batteries could carve out a niche, perhaps as a mid-priced option between lithium-iron phosphate chemistry, and primo nickel-rich batteries in top luxury and performance models.”

As the production of lithium-ion batteries and similar technologies increases alongside the growing market for EVs, the demand for materials involved in making these batteries will also increase. Manganese is an important component in lithium ion batteries, making up a significant part of some of the most energy efficient batteries available today, including recently developed solid state batteries. The current manganese supply chain exists outside of North America, with China leading the pack, despite large mineable deposits of manganese in the United States and Canada.

“The research and development involved in perfecting the chemistry of lithium-ion batteries is ongoing, however, due to the scarce nature of the needed raw and rare minerals, the process of perfecting the ideal battery chemistry is challenging. Having the ability to develop technologies that will be viable directly relates to whether or not there is an abundance of minerals like nickel, cobalt, graphite, and manganese. The new battery chemistries will need to identify resources of potential abundance, manganese is one such mineral. The Woodstock NB region, which includes the Battery Hill project, is estimated to be one of the largest manganese carbonate resources in NA, estimated at 194 000 000 tons. Tesla engineers’ new battery chemistry which eliminates cobalt for their 4680 model, unveiled on Battery Day 2020, proved their new EV battery chemistry would efficiently increase energy capacity, provide more power, travel further distances, while reducing risk and improving safety. The elimination of cobalt is important for many reasons, but primarily because it will greatly reduce the cost of EV batteries, which may ultimately make EV vehicles more affordable,” states Martin Kepman Manganese X Ceo and lithium-ion battery expert.

About Manganese X Energy

Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC2) (OTC:QB:MNXXF) (FRANKFURT:

9SC2) with its head office in Montreal QC, owns 100% of the Battery Hill property project (1,228 hectares) located in New Brunswick Canada. Battery Hill is strategically situated 12 kilometers from the US (Maine) border, near existing infrastructures (power, railways, and roads). It encompasses all or part of five manganese-iron zones, including Iron Ore Hill, Moody Hill, Sharpe Farm, Maple Hill and Wakefield. According to Brian Way’s (2012) master’s thesis on the Woodstock manganese occurrences, that includes Battery Hill, the area “hosts a series of banded iron formations that collectively constitute one of the largest manganese resources in North America, approximately 194,000,000 tons.

About Martin Kepman

For the past 40 years, Martin Kepman has been working as a business development and management consultant, advising companies in different industries from software, soft-goods, printing, food to mining. Martin has been retained by corporations to analyze their different segments, helping CEOs identify their various strengths, weaknesses and opportunities; with the goal of presenting and implementing strategic business plans to financial institutions and government agencies in order to secure funding. His job has been to assemble key people, minimize risk and improve the bottom-line by improving efficiencies and implementing cost-effective programs to realize the objectives of the projects.

Media contact:

Rene Perras Digital PR Consultant

for Manganese X Energy Corp

514-816-4446

When sharing on social media please help us by using these hashtags:

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New Brunswick, Canada

https://www.manganesexenergycorp.com

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Cautionary Note Regarding Forward-Looking Statements: Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release contains “forward-looking information” which may include statements with respect to the future exploration performance of Manganese X Energy Corp (the “Company”). This forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements of the Company, expressed or implied by such forward-looking statements. These risks, as well as others, are disclosed within the Company’s filing on SEDAR, which investors are encouraged to review prior to any transaction involving the securities of the Company. Forward-looking information contained herein is provided as of the date of this publication and the Company disclaims any obligation, other than as required by law, to update any forward-looking information for any reason. There can be no assurance that forward-looking information will prove to be accurate, and the reader is cautioned not to place undue reliance on such forward-looking information. We seek safe harbor.

Source:

https://www.pv-magazine.com/20…

https://spectrum.ieee.org/mang…

This content is published on behalf of the above source. Please contact them directly for any concern related to the above.

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