Chinese automotive battery company SVOLT, a Great Wall Motors spin-off, has officially launched two cobalt-free batteries. In 2019, the company unveiled both the cobalt-free lithium-ion battery cells (NMx) and four-element lithium-ion battery cells (NCMA).
At the product launch livestream event, SVOLT President Yang Hongxin said that the NMx battery cell rivals the NCM811 cell in performance while reducing the cost of materials by 5 to 15 percent, and the cell balance of materials cost by around 5 percent. It also defuses concerns over limitations of strategic resources.
Yang Hongxin said the newly launched cobalt-free batteries have several core advantages, including longer cycle life, better safety and higher energy density. SVOLT’s L6 cobalt-free long cell is being adapted to one of Great Wall Motors’ high-end models. With its matrix PACK design, this vehicle could reach a driving range of 880 km (547 miles).
Source: SVOLT