LEYDEN ENERGY GRANT FOR PREDEVELOPMENT AND DEVELOPMENT OF THE INFRASTRUCTURE NECESSARY TO ESTABLISH A CALIFORNIA-BASED MANUFACTURING FACILITY FOR ADVANCED LITHIUM ION BATTERIES FOR ELECTRIC DRIVE VEHICLES
Leyden Energy, Inc., will develop, test, and scale-up manufacturing capacity of its proprietary Lithium-ion batteries for electric vehicles at its Fremont Technical Center.
Leyden Energy has patented technologies which allow for batteries with high temperature and abuse tolerance – characteristics valuable in electric vehicles.. Using this Energy Commission award, the company will refine its adaptable battery designs, allowing integration of higher performing components as they develop. Leyden is striving to be cost-competitive with overseas battery manufacturers.
Currently the company can assemble 300 Li-ion cells a day. However, the large battery systems in electric vehicles require thousands of cells, making batteries the single most expensive component in electric vehicles and accounting for up to 50 percent of the purchase price. This grant will help Leyden Energy create a production line capable of producing sufficient battery cells to support the assembly of 10 electric vehicles every month, at a price competitive with overseas battery manufacturers.
$2,962,743 from the Energy Commission’s Alternative and Renewable Fuel and Vehicle Technology Program
$2,963,000 from the project participants
This investment in clean energy jobs will help build a network of manufacturers across California which are capable of producing the next generation of electric vehicles and related components. Leyden Energy estimates this project will initially create 11 technical and production jobs.
Each battery pack that goes into a light-duty electric vehicle is expected to reduce petroleum use by 575 gallons per year and reduce the resulting greenhouse gas emissions by 72 percent.
Grant Agreement Number: ARV-10-015