EQS-News

IBU-tec launches IBUvolt 402, a new European LFP battery product with a CO2 footprint approximately 40% lower than market average and provides updates on advances in the battery sector - Seite 2

Expansion of the product range and positioning in the standard "wet coating" process

IBU-tec confidently expands its product range with the introduction of IBUvolt 402, a new material specifically designed for wet coating of battery electrodes. IBUvolt 402 is an excellent addition to the existing LFP battery materials IBUvolt 400 and IBUvolt 200.  It is important to note that wet coating is currently the standard process for coating battery electrodes and is used by all major automotive companies worldwide. The market potential for the new product is significant. Many customers have already expressed interest in a low CO2 footprint European LFP battery material to IBU-tec, even before its launch.

Sustainable, stable supply chain through production "Made in Europe"

The new IBU-tec product, IBUvolt 402, is entirely produced in Europe, significantly contributing to an environmentally friendly value chain in the field of LFP production. Additionally, the production of IBUvolt 402 emits approximately 40% less CO2 per kilowatt hour of battery capacity than comparable materials from China. IBU-tec's in-depth know-how will optimize the production process, increasing CO2 savings to 50% in the near future. IBU-tec material saves around one ton of environmentally harmful CO2 per average electric car battery, resulting in a 7% improvement in the CO2 footprint of the entire vehicle. The production of the new IBU-tec product in Europe reduces dependence on countries like China and ensures supply chain stability by avoiding bottlenecks caused by global events.

IBU-tec strengthens its market position in the growth market LFP with IBUvolt 402

IBU-tec's introduction of IBUvolt 402 demonstrates our commitment to the fast-growing future market of LFP battery materials. LFP batteries are primarily used in electromobility and stationary energy storage due to their cost-effectiveness, durability, and sustainability compared to nickel-manganese-cobalt (NMC) batteries. Furthermore, LFP batteries are significantly safer than NMC batteries due to their thermal stability. LFP batteries have been greatly improved with recent technological advances making them comparable to NMC batteries. The market now offers LFP batteries with ranges of 700 to over 1,000 kilometers, and leading suppliers like CATL have significantly reduced charging times.  It is clear that the use of LFP batteries in electromobility is rapidly increasing.