Lithium ion batteries have been widely used in consumer electronics products since their birth. In recent years, it has made great progress in the field of electric vehicles, making carbon-free travel possible. What is the difference between them? Generally speaking, in consumer electronic devices such as mobile phones and smart watches, lithium ion batteries with high energy density are used, such as lithium lithium cobalt oxide. Although such batteries may bring some safety hazards, but because of their small size and inseparability from the shape of the human body, the use environment is generally not so harsh, so the risk is generally controllable.

Warmly celebrate our company successfully passed the ISO9001 quality management system certification

On the demand side, according to data from the China Geological Survey, annual production of 2 million new energy vehicles will be achieved by 2020, and lithium product consumption will reach 80,000 to 100,000 tons of lithium carbonate equivalent, exceeding the national lithium product consumption in 2015. On the premise that the demand in other fields remains unchanged, the development of the new energy vehicle industry will lead to an average annual growth rate of 10% to 15% of the demand. It is expected that the demand for lithium in 2020 will reach 150,000 tons of lithium carbonate equivalent.

In any sense, Aquinn Energy seems to be destined to succeed.
This new startup that sells large-capacity energy storage batteries to renewable energy projects and power grids was founded in 2007 by Jay Whitacre, a professor of materials science at Carnegie Mellon University , Used to develop batteries for NASA's Mars rover. Aquinn Energy has raised nearly $200 million from many well-known investors including Bill Gates, Kleiner Perkins and Shell venture capitalists. Perhaps most importantly, when the company entered the market, it was sober and keenly aware of the biggest problem of the previous battery project startups-it is difficult to avoid the use of rare materials. With a lesson in mind, Aquinn Energy relies more on production equipment that has changed its original use and has determined the direction of possible market profitability.