Lithium-ion battery technology company DESTEN Inc. announced the launch of their latest cell technology advancement, the Ultra-Fast Charging, 6C Lithium Iron Phosphate cell.
The company said its new battery is among the safest to date, due to its chemical and temperature stability profile and is capable of charging from a 20% to 80% state of charge in six minutes.
“By making ultra-fast charging cost competitive via Iron-Phosphate material formats, DESTEN will resolve key adoption barriers for EV drivers and provide grids the power capacity they need to replace fast ramping fossil fuel generation sources with confidence,” Bader Al-Rezaihan, CEO and Chairman of DESTEN Inc., said in a Nov. 17 press release.
DESTEN is working with its partners in North America, Europe and Asia to integrate these advancements in new electric vehicle and battery energy storage system platforms, with the first samples having already been made available to the original equipment manufacturer partners.
Recommended Reading
Exxon, Chevron Beat 3Q Estimates, Output Boosts Results
2024-11-01 - Oil giants Chevron and Exxon Mobil reported mixed results for the third quarter, with both companies surpassing Wall Street expectations despite facing different challenges.
Utica Oil E&P Infinity Natural Resources Latest to File for IPO
2024-10-05 - Utica Shale E&P Infinity Natural Resources has not yet set a price or disclosed the number of shares it intends to offer.
BKV Prices IPO at $270MM Nearly Two Years After First Filing
2024-09-25 - BKV Corp. priced its common shares at $18 each after and will begin trading on Sept. 26, about two years after the Denver company first filed for an IPO.
SLB Earnings Rise, But Weakened 4Q and 2025 Ahead Due to Oil Glut
2024-10-22 - SLB, like Liberty Energy, revised guidance lower for the coming months, analysts said, as oilfield service companies grapple with concerns over an oversupplied global oil market.
Sheffield: E&Ps’ Capital Starvation Not All Bad, But M&A Needs Work
2024-10-04 - Bryan Sheffield, managing partner of Formentera Partners and founder of Parsley Energy, discussed E&P capital, M&A barriers and how longer laterals could spur a “growth mode” at Hart Energy’s Energy Capital Conference.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.