Lyon Superchargers Announce Capacity Increase

Top Quote Increased demand for electric cars prompts LY'ON Superchargers to increase capacity. End Quote
  • (1888PressRelease) November 11, 2013 - Hong Kong, China - LY'ON Superchargers, Inc., a leading Quebec, Canada-based manufacturer of innovative rechargeable energy storage solutions for commercial applications with a satellite office in Hong Kong, today announces that it is planning a significant increase in lithium ion battery capacity in 2014 in line with an upward trajectory in orders from niche market electric and hybrid vehicle manufacturers.

    The company will add capacity at its main site in Pointe Claire, Quebec:

    1. Lyon Superchargers will add a fourth line to produced greater numbers of prismatic lithium ion batteries for 2 hybrid manufacturers.

    2. It will build a line at Pointe Claire to accommodate orders for electric public service vehicles.

    The capacity increase comes as demand for electric vehicle power cells surges while demand for traditional batteries for cell phones and computers seem locked in terminal decline caused by squeezing margins in response to competitive pricing from low-cost competition in China.

    Though LY'ON Superchargers did not provide specific details of how much capacity it will add, the company's global capacity for automotive lithium ion batteries has grown from just 50,000 cells a month in 2010 to 750,000 cells a month in 2013.

    "The number of cells per vehicle depends very much on the specifics of the vehicle but 60 cells per battery pack is a ballpark figure meaning that we supply enough batteries for 12,500 electric or hybrid vehicles each month," said Andrew Richardson, President of Lyon Superchargers.

    About LY'ON Superchargers
    LY'ON Superchargers have been innovating for over twenty-three years, establishing its global leadership as a single-source for raw materials. Our customers around the globe have achieved greater productivity, higher performance and an overall reduced total cost of ownership.

    Our supply partners enjoy a dynamic demand driven by our customers' appetite for greater success. The end users are the ultimate beneficiaries of our technologies, enjoying products with exceptional durability and performance.

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