Electro Energy sells "made in the U.S.A." lithium ion batteries
Most of the lithium ion batteries available today are coming from the Far East. However, when problems such as factory fires or potentially prickly political situations arise, a domestic source is reassuring for certain customers. For this and other reasons, Electro Energy is happy to announce that after twelve months of intensive effort, they have completed the largest manufacturing facility for 18650-type cells outside Asia. The plant in the heart of Gator country, Gainesville Florida, which can put out over 30 million of the approximately AA-sized cells a year, has already been producing a large quantity that are being used for testing internally, by customers as well as independent labs. One customer has been so satisfied with their testing results they have already placed an order to be delivered immediately, so not only is the facility up and running but they are "in business."
The numbers on their 18650BX cells are pretty good too. They have a 2400mA capacity with a nominal voltage of 3.6V. Their volumetric energy density is 525 Wh/l and the specific energy is 188Wh/kg and the cells can operate at a temperature range of -30C to 60C. For all the nitty gritty details hit the jump for the press release.
Press Release:
Electro Energy Receives First Order for U.S. Produced 18650 Lithium-Ion Batteries
DANBURY, CT--(Marketwire - April 21, 2008) - Electro Energy Inc. (NASDAQ: EEEI), a leading provider of advanced battery technologies and associated systems, has received their first commercial battery order for their 18650BX rechargeable Lithium-Ion cells. EEEI has spent the past twelve months setting up their Gainesville, FL manufacturing facility to produce 18650 size lithium batteries. The Gainesville plant is the largest manufacturing facility for 18650 type cells outside Asia and has the capacity to produce over 30 million cells per year. During the past several months, a large quantity of cells was produced at this facility and these cells have successfully passed internal qualification testing.
Currently, these cells are undergoing various safety and qualification tests at independent testing laboratories as required by the targeted military and commercial customers. Certain targeted customers are also performing their own testing of the cells for conformance with their requirements. The cells performed so well in the testing protocol of one customer, that they placed an order for immediate delivery to support an advanced military application.
EEEI's 18650BX cells have 2400mA capacity and their nominal voltage is 3.6V. The weight of each cell is 46 grams. The volumetric energy density is 525 Wh/l and the specific energy is 188Wh/kg. The cells can operate at a temperature range of -30C to 60C. This is the first of a family of 18650 cells for a variety of applications. EEEI has also developed and manufactured cells with capacities of 2200mAh (18650AX) and high rate 1900mAh (18650HRX) cells. These cells have different discharge characteristics and will soon be commercially available.
Michael Reed, Electro Energy's President and CEO, said "Today, 18650 Lithium-Ion cells are primarily sourced from Asia. Domestic commercial and military customers rely on a long and complex supply chain and often carry large inventories to protect their business. In recent months, there have been major supply disruptions related to laptop battery recalls and facilities fires at major manufacturing facilities at Panasonic in Japan and LG Chemical in Korea. There is currently a major shortage of the 18650 cell as EEEI enters the market. Our highly automated Gainesville facility requires little labor to operate, making it competitive with Asian suppliers."
Electro Energy is ready to take orders for the 18650BX cells and interested customers should call 386-462-5080 or e-mail: sales@electroenergyinc.com.
About Electro Energy Inc.
Electro Energy Inc., headquartered in Danbury, Connecticut, was founded in 1992 to develop, manufacture and commercialize high-powered, rechargeable bipolar wafer cell nickel-metal hydride batteries for use in a wide range of applications. Its Colorado Springs operation is AS9100/ISO9001 certified and supplies aerospace-grade high quality nickel cadmium batteries and components for satellites, aircraft and other specialty applications. EEEI is also developing high power lithium rechargeable batteries utilizing the Company's proprietary bipolar wafer cell design. EEEI owns significant manufacturing assets near Gainesville, Florida for rechargeable lithium ion 18650 cylindrical cells, the standard cell used in the electronics industry. For further information, please visit www.electroenergyinc.com.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the companies, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include, among other things, the following: general economic and business conditions; competition; unexpected changes in technologies and technological advances; ability to commercialize and manufacture products; results of experimental studies; research and development activities; changes in, or failure to comply with, governmental regulations; and the ability to obtain adequate financing in the future. This information is qualified in its entirety by cautionary statements and risk factors disclosure contained in certain of Electro Energy Inc.'s Securities and Exchange Commission filings available at http://www.sec.gov.
[Source: Electro Energy via Marketwire]
Reader Comments (Page 1 of 1)
voitoi 2:05AM (4/25/2008)
Li-Ion 18650, 3.6V, 2400mAh, 46g ... I think this is a pretty common standard in laptops for years, so I don't call that "pretty good numbers".
Reply
Chris M 3:49AM (4/25/2008)
Hmm, maybe this had something to do with Tesla Motors deciding to move their ESS battery pack assembly to the US?
After all, that is the size of cells Tesla is using, and those performance figures fit the specs exactly. With a declining dollar, the price may be right, too!
Reply
Domenick Yoney 7:42AM (4/25/2008)
@#1voitoi: From what I can see casting about the internets, the Electro Energy cell is at least 10% better than some 18650's and 20% better than most. Plus, as is the main thrust of the post, made in the U.S.A..
Reply
daniel j conklin 4:57AM (1/21/2009)
TO: ELECTROENERGY
3820 S. Hancock Expressway
Colorado Springs, Colorado 80911-1231
Tel 917-392-4266 Fax 719-392-5103
From: Electronics Design
22 VIA Chula Vista
MANITOU SPRINGS. CO 80829-2410
CEO: Daniel John Conklin
(719) 687 6887
Dear: (Electro Energy) cc. Jeff Haden.
In Lu of a Supplier report Performance rating Date 05/07-1207 P.O.42900 Electro Energy you gave our company a 100% rating.
We left a peace of product belonging to our company for test purposes only a CPUb55h test station.
I have tried over 100 times to make communications with you and your company by phone regarding this mater, and email.
Electronics Repair has incurred gate losses due to the none recovery of this unit.
1. Data equashion time.
2. Programming time.
3. And demonstration ability to potential customers.
I received no response, it’s been over thee months, and now I have learned that not only has you plant closed down, but that your phone number is now a number been given to sum one else other than Electro Energy.
The company assured me that my product was safe with them and that there was no problem with returning it back to me at any time, I find it hard to understand, that due to the closeting date that no effort has been made to return the CPU B55h mother Board back to this company.
This has left Electronics Design no other choice but to take legal action agents the named company.
ELECTROENERGY.
In regards to our test station, it was purchased originally by Pall Allen, and Matthew D Shoue in Seattle WA.
Then given to Daniel Jon Conklin CEO of Electronics Design for further development.
As you can see a grater value could be placed on this unit but is not please RETURN AT ONCE!
A Program is imbedded in this unit to insure proper Identity to Mr. Daniel J Conklin.
I now have no choice but to take Legal Action
Agents your Named company: (Elector Energy).
My product Value Is 840,000 USD
This unit was developed and made by Electronics Design over the past decade to solve and manufactured over 150,000 items.
We gave it to (Electro Energy) on a trust level of communications, and now receive no response from Electro Energy.
We have lost 5 major jobs due to non-response or return, and now have to ask for recompilation of not only product but also job loses in return.
Returning the unit will be of grate help to us but will not compensate the job loss.
Or manufacture also has in excises of 40 ea B55h timers requested by your company and unpaid for at $56.47Ea in excess of 2258.80 unpaid in the original agreement to our company.
Regards,
Daniel J Conklin.
CEO
Electronics Design,.
A copy of this letter is being sent out to Every link we can find to the above named company Electro Energy and A copy to any known congressional.
Regards,
CEO
Electronics Design.
Daniel J. Conklin.
Reply
Rex Jones 5:22PM (2/10/2009)
Dan...according to an 8K filed in Nov with the SEC, Electro's assets have been turned over to Quercus Trust . Electro defaulted and turned over all "Gainsville Collatoral" to QTEEI,LLC..hope this helps...GL