A UK pilot line is now producing 10 tonnes per year of advanced battery materials that can discharge at 40 to 50 times their rated capacity while retaining 88 percent of that capacity at a 10C discharge rate. This matters because electric vehicle manufacturers need cheaper, lighter, and more powerful batteries. Current lithium iron phosphate (LFP) cells are safe and affordable but struggle with cold temperatures and fast charging. The new material—a variant called LFMP—addresses these gaps directly. If the technology succeeds, EV batteries could cost 30 percent less or store 30 percent more energy for the same price, weigh 20 percent less, and deliver roughly three times more capacity in cold weather at high discharge rates. These improvements target the supply chains and manufacturing processes that quietly determine how far an EV can travel, how fast it charges, and how much it costs to build. The project also aims to secure UK-based production of battery materials, reducing reliance on foreign suppliers and supporting the government’s 2050 net-zero target. This is applied commercial development, not fundamental science. The team has already signed material evaluation agreements with potential partners and is now scaling up to deliver test samples to gigafactories and cell manufacturers.
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IPL will take advantage of its developed, (10 ton/year) battery material pilot line to develop LFP/LFMP material samples for pre-commercialisation purposes (delivering samples to off-takers / strategic partners to assess and test IPL battery materials). IPL has already signed Material Evaluation Agreement with partners to assess IPL materials for potential strategic involvements. The advanced material is capable of overcoming the State of the Art, based on the demonstrated superior features including, 40-50C maximum discharge rate with ~88% of capacity retention at 10C discharge rate. VEBO's LFP/LFMP material customers are EV Giga-factories and cell manufacturers that require reliable, higher performance material to improve their current LFP/LFMP cells at a competitive price. The overall product value propositions for end-users and taxpayers include: * Higher power density and discharge rate * ~30% lower cost (or ~30% more capacity) * 20% less weight & material consumption * ~3 times more capacity in cold temperatures, at high discharge rates * Safety & reliability * Security of supply * High rate recovery (great cathode for fast charge anodes) IPL's incredible expertise and skills has been established to mature the technology and bring the solution to the market, with a great expected impact for end-users, suppliers and the environment. The expected outcomes are verified and test LFP/LFMP material samples based on 10 ton/year pilot line, logical extension of the business strategy, securing off-takers and further expansion which will contribute to the maximisation of revenues, operational growth and competitive position strengthen in EV battery sector. VEBO project will pave the way for joint business venture between UK partners for the manufacture and deployment of an environmentally clean and affordable LFP/LFMP battery material. This will contribute to climate change mitigation, security of supply, job creation, economical growth and consequently, UK Government's net zero target plan by 2050\.
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