LiCAP Technologies and Dürr Systems AG Agree to Provide Breakthrough EV Battery Manufacturing Technology

LiCAP's Breakthrough Activated Dry Electrode® Solution to Be Provided to EV and Battery OEMs Through Dürr Manufacturing Solutions

SACRAMENTO, CA and BIETIGHEIM-BISSINGEN, GERMANY / ACCESSWIRE / November 20, 2023 / LiCAP Technologies Inc. is proud to announce a new partnership with Dürr Systems AG, a leading global equipment manufacturer, to provide a patented, dry coating technology solution for battery electrode manufacturing, including both cathodes and anodes, to the global electric vehicle industry and energy storage sectors. Together, LiCAP and Dürr will develop manufacturing equipment solutions with the goal of enabling automotive and battery original equipment manufacturers around the world to advance to the next level in battery production.

On the road to industrialization, California-based technology startup LiCAP brings the patented Activated Dry Electrode® process and decades of dry electrode product expertise to the partnership. Dürr, with its long tradition in plant and mechanical engineering, brings the engineering and manufacturing expertise for machines to the partnership and helps to develop the process from pilot scale to series production. French company Ingecal, a new subsidiary of Dürr, brings expertise of calendering technology, one of the key technologies for dry coating equipment.

LiCAP president & CEO, Dr. Linda Zhong, said, "The LiCAP team is pleased to be commercializing its patented Activated Dry Electrode® process with the Dürr team to accelerate the global EV and energy storage future. Our tests, confirmed by our customers, show that Activated Dry Electrode® technology reduces battery costs significantly and increases environmental sustainability compared to existing electrode production methods while improving battery performance and charge times."

Dürr CEO, Dr. Jochen Weyrauch, added, "Dürr is excited to be partnering with Dr. Zhong and the LiCAP team with the goal to provide this patented technology to the marketplace. Dürr is a renowned supplier of leading-edge manufacturing solutions to auto and battery manufacturers, and we can't be happier to add this technology to our product suite. Our partnership aims at providing manufacturing technology to OEMs to reduce battery costs and improve performance, both of which are critical to the future of EVs and Battery OEMs."

Background:

The first project of this partnership calls for Dürr to develop and manufacture the equipment for a one-gigawatt hour (1 GWh) electrode manufacturing line. The two companies anticipate delivering future 1 GWh and 5 GWh manufacturing lines to OEMs after the initial manufacturing line is completed.