Tuesday, September 20, 2016
Professor Zongwei Chen, Director of Collaborative Graduate Program in Nanotechnology and Canada Research Chair in Advanced Materials for Clean Energy, will be co-developing a new kind of lithium-ion battery that may be on the market in three to four years. It will be safer and cheaper than contemporary Li+ batteries and will allow an electric car to travel up to 500 km on a single charge.
Newtech Power Inc. has granted Dr. Chen $3 million in funding to further his work.
“This innovative battery represents a major leap forward and we are thrilled to support the research and bring this exciting Canadian invention to the world market,” said Allen Sun, president of Newtech Power.