STAFFORD, TX and ATLANTA, GA - Microvast, an advanced electric vehicle power solution provider, announced the North American availability of its next-generation fast-charging MpCO lithium-ion batteries for e-mobility applications, such as electric buses.
Microvast's Gen 3 MpCO battery can be fully recharged within 15 minutes, with a high-cycle lifetime that fits the typical operating life of the buses themselves. The technology offers 41% greater energy density than the company's previous generation (LpCO) batteries, reducing cost and space requirements.
"After considerable success and proven performance in China, we are excited to offer our third-generation MpCO lithium-ion battery system to the U.S. market," said Lance Deng, head of U.S. operations for Microvast. "With higher energy density and better performance at a lower cost, our MpCO technology incorporates significant improvements over our previous generation. The standardized battery module also enhances production capability and quality."
Microvast is a fully vertically integrated battery manufacturer. Its capabilities extend from core battery chemistry, including cathode and anode materials, electrolyte, and membrane separators, to various application technologies, including battery management systems (BMS) and other power control electronics. By integrating the process from raw material to system assembly, the company can provide high-quality customized solutions with reduced project development times.
Microvast will reach 4 GWh of production capacity by the end of 2017 and is expanding its manufacturing facility to provide 11 GWh of additional capacity. To date, the company has supplied more than 18,000 hybrid and fully electric buses with battery systems, operating in more than 150 cities across six countries with over one billion miles traveled.
Microvast will be showcasing its new MpCO battery technology at the APTA EXPO in Atlanta from October 9-12 (booth #8327). A special product launch event and presentation will take place at the Microvast booth on Monday, October 9th at 11:00 am.
Microvast is a fast-growing and profitable market leader in the design, development and manufacturing of safe, fast charging, long-life lithium-ion battery systems. Established in 2006, Microvast was founded with a vision to address current constraints in electric vehicle development and to redesign power systems to drive mass adoption of electric vehicles. Microvast is headquartered in Stafford, Texas, with offices in China, UK, Germany and Singapore. More information is available at www.microvast.com.