Presentation of Lithium Technology Corporation

Facilities

US Operations

(LTC

Plymouth Meeting)

•

Corporate Headquarters

•

US Government/Military

Development Contracts

•

R & D and cooperative programs

with US raw material suppliers

•

US Sales

•

Battery design and assembly using

GAIA cells

•

Limited contract production of

specialty flat

cells

European Operations

(GAIA

Nordhausen

)

•

European Development Contracts

•

R & D and cooperative programs

with EU raw material suppliers

•

European Sales

•

Commercial Production of

cylindrical

cells

•

Battery design and assembly

Small Production/Large Pilot Scale Operation

•78 Employees (22 in US, 56 in Germany)

•FACILITIES

•

120,000 ft

facility in Nordhausen, Germany

•

13,000 ft

facility in Plymouth Meeting, PA, USA

•

PRODUCTS:

•

Custom engineered batteries

•

Development contracts

•

Cylindrical and flat Lithium-Ion cells

from 7.5 Ah to 500 Ah

Current Operations

Technological Advantages of Lithium-Ion over other

Chemistries

Low

(3.6V per cell)

High

(1.2V per cell)

Medium

(2V per cell)

Battery Complexity

(Number of Cells)

Very Wide

Wide

Narrow

Operational

Temperature Range

Very Low

Low

High

Heat Generation

Very Good

Good

Poor

Fast Charge

3 to 10 x

3 to 6 x

Power per Volume

5 to 15 x

5 to 10 x

Power per Weight

2 x

1.5 x

Energy per Volume

3 x

2 x

Energy per Weight

Li_Ion

NiMH

Lead Acid

Proprietary cell design IP

•

Low internal resistance allows for high power output and

rapid charging with limited heat generation

Proprietary manufacturing process

•

Lower cost extrusion and assembly allows scalability and

opportunity for high gross margins

•

Environmentally friendly (no solvents)

Patents

•

Issued

•

Applications Pending

LTC Unique Propositions

LTC’s

Product Portfolio

Present cylindrical cells range

in capacity from 7.5 Ah to 500 Ah

GAIA offers two basic types of

products tailored to different

applications

•

The HE product series is optimized towards high energy content

with moderate rate capability (continuous discharge up to 2C)

•

The HP and UHP series are designed to deliver maximum power

(continuous discharge up to 10C)

GAIA has developed battery packs of up to 600V to customer

specifications

GAIA battery pack include an intelligent Battery Management

System (BMS)

Block Diagram of BMS

Data acquisition

SOC

SOH

Comm

unit

CAN

U I T R

Thermal

management

Safety

management

Fan, etc..

Contactor

Battery

Load&

Charger

Energy

management

Example of 10S BMS Hardware

Master

Slave (10S)

Current sensor

Optically

decouple

d RS485

bus

RS232

for

flashing

Master

CAN

interface

Senso

rs &

main

switch

MUX

cells

by I+ME, Available since 08/03

40 cm

130 cm

Current / A

Voltage / mV

Temp. / °C

Range

-120..120

0..4500

-40..100

Resol.

4.8 mA

1 mV

0.1 °C

Battery Example: 288V HEV Battery

with 2kWh

Weight of cell

0.32

Number of cells

Packaging

Weight today

Weight

Length

700

Width

292

Height

195

Volume

Power (18s)

GAIA cells offer the highest power of any commercial lithium

ion cell in the western hemisphere* (most amperes or watts

per kilogram)

•

GAIA UHP product achieves 2400 W/kg (pulse)

GAIA cells are the largest lithium ion cells produced in the

western hemisphere (most energy capacity -

watt-hours or

amp hours)

•

GAIA HE-602050 has 60 Ah or 216 Wh

corresponding to 150

Wh/kg

•

500 Ah cell is in final stage of development

LTC specializes in working with the customer to engineer

solutions using standardized cells in customized

configurations

•

Custom engineered battery packs including electronic battery

management systems

* US and EU companies have an advantage selling the western hemisphere being

domestic suppliers and it is unrealistic for US and EU companies

to sell into Asia.

Large, High Power Engineered Lithium Ion Is LTC’s

Core

Expertise

Process -

Extrusion

No emission of solvents

Safe and environmental

No ex-proof installation

Cost-effective

Co-extrusion of polymer blends

LiNiCoAl

dry blend

cathode

dry blend

anode

graphit, polymers

and carbon black

polymers and

carbon black

mixing and drying of

cathode materials

mixing and drying of

anode materials

polymer anode

on carrier foil

polymer cathode

on carrier foil

Processing Technology -

Winding & Assembling

cathode current

collector "Al"

anode current

collector "Cu"

tab and lid

assembly

housing

laser welding

lid with

terminals

anode

separator

cathode

cell winding machine

separator

Stationary Power

Growing dependence on

electrical power worldwide

drives the demand for high

quality

high-reliability power

for telecommunications,

computers, mission critical

applications, remote mobile

and renewable power

applications. Very large

potential market.

Markets with Projected Growth in Advanced Batteries

Military/National

Security

Applications require

flexibility in design, wide

ranges of power output,

broad operating

temperatures, low weight

and thousands of recharge

cycles. Performance is more

important than price.

Market need is growing

quickly. Development

funding is available.

Transportation

Applications require rapid

charging rates and long

life in safe, durable high

power storage for HEV,

EV and fuel cell powered

vehicles. Military, heavy

duty and niche vehicle

OEMs are early adopters.

Immediate niches exist.

36V/60Ah Battery

for Silent Watch

36V/7.5Ah HEV

prototype module

86V 27Ah for a solar

vehicle application.

97V/480Ah Battery

Manned Underwater Vehicle

Prototype for the navy of a

friendly foreign nation

8 paralleled 27S modules of

the C60 cell

8x[97V/60Ah] => 46kWh

Engineered Batteries

Aluminum housing (6061 or 7075)

Cylinder 0.090” End plate 0.375”

BMS support plate ¼” G-10

Soft insulation ¼” silicone

Upper header – ¾” Delrin

Cells – 100 DD UHP

Lower header – ¾” Delrin

Insulation Plate – ¼” HDPE

Aluminum End plate

Mounting base for cell

assembly 1” 7075

Lithium Technology Corporation

BATTERY

EXPLODED ASSEMBLY DRAWING

*wires and tie rods not shown

PART/FILE/DRAWING AJM05112.DOC

Ref AJM05112.PRT, AJM05085.PRT

View 7, Levels 1,4,5,8,9,10,11,12,201 AJM 08/25/05

Nominal 360 V high power battery capable of 250A-300A pulses.

Consisting of 100S UHP DD cells.

Battery design from specification through design and testing

TKMS Submarine Project Update

Phase I was successfully

completed

Phase II was approved

•

Development

of modules

for

a submarine propulsion

battery

•

Deliverable

8 modules

with

a total of 320 kWh of

energy

content

•

Contract

value

€614,000

Businessplan for

2 submarine batteries

per year

and

an annual

turnover

of more

than

€20

million

was

developed

jointly

with

TKMS

Hybrid Electric

Vehicles –

Biggest Potential

80S1P 288V/7.5Ah

Mounted in the trunk

•LTC has equipped

3 Smart cars

converted

Zytek

to HEVs

with

GAIA

batteries

•LTC has sampled

large European

and US car

manufacturers

Full Electric Vehicles

Specifications:

•Li-Ion Battery

25kWh

•Battery

weight

200 kg

•Range 250km

With

Innosys

Engineering of the

Netherlands, an EV

with

convincing

performance

was demonstrated

Renewable

Energy: Wind Generators

GAIA Li Ion Batteries

have

been

specified

a large

German wind generator

manufacturer

for

blade pitch

control

in its

largest

(2.5 MW) generator

Solar Battery

Develoment

Project

Photo voltaic

power

generation

requires

batteries

•

For buffering

for

grid-connected

installations

•

For overnight

storage

for

stand-alone

solutions

•

Life time cost

per kWh stored

in the

battery

the

major

issue

•

Competition

lead

acid

suffers

from

a short

lifetime

Sunergy

has awarded

GAIA a 2 year

development

contract

•

Develop

low

cost

Li Ion batteries

for

solar energy

storage

•

Develop

low

cost

battery

materials

•

Reduce

manufacturing

cost

•

Increase

battery

life, especially

at elevated

temperatures

Summary

Large format, high power engineered Lithium Ion batteries are

LTC's

core expertise

•

Specific pulse power up to 2400 W/kg

•

Specific energy up to 150 Wh/kg

•

Cell energy content up to 216 Wh

(60 Ah)

LTC delivers customers with engineered battery packs from pilot

facilities in Germany and the US

•

Military, transportation and stationary markets

•

Batteries up to 600 V

Opportunities with large revenue potential have been identified

•

HEV and EV batteries

•

Military applications like submarine batteries

•

Wind and solar energy generation

Production volumes, sales and revenues have increased steadily

•

Continued investment has doubled manufacturing capacity within the

last 12 months