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14 05 2019 01

Lithium Australia has signed a letter of intent with Chinese battery producer DLG Battery Co. Ltd. to establish a 50:50 jointly owned business for the supply and sale of DLG lithium-ion batteries (LIBs), packs and modules in Australia; and to form a technology alliance that will fast-track the commercialization of VSPC Ltd’s patented cathode powders for use in DLG batteries.

As one of the 10 largest battery manufacturers in China, DLG has six development and manufacturing facilities there, as well as sales and support offices in the United States and Europe. DLG is a developer and manufacturer of cylindrical LIB cells, packs and systems, producing not only lithium-iron-phosphate (LFP) and lithium-nickel- manganese-cobalt (NMC) battery cell types but also battery-management-system and pack technology.

DLG sells products for use in consumer electronics, electric vehicles, energy-storage systems, e-bikes and other applications, and has customers in every major world market.

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