AMSTERDAM (dpa-AFX) - Stellantis N.V. (STLA) and Zeta Energy Corp. announced a joint development agreement aimed at advancing battery cell technology for electric vehicle applications. The partnership focuses on developing lithium-sulfur EV batteries with breakthrough gravimetric energy density while achieving volumetric energy density comparable to today's lithium-ion technology.
This means potentially a significantly lighter battery pack with the same usable energy as contemporary lithium-ion batteries, allowing for greater range, improved handling, and enhanced performance. Additionally, the technology has the potential to improve fast-charging speed by up to 50%, making EV ownership even more convenient. Lithium-sulfur batteries are expected to cost less than half the price per kWh of current lithium-ion batteries.
The batteries will be produced using waste materials and methane, resulting in significantly lower CO2 emissions than any existing battery technology.
The collaboration includes both pre-production development and planning for future production. Upon completion of the project, these batteries are aimed to power Stellantis electric vehicles by 2030.
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