Springpower International Inc
With their superior storage capacity, lithium ion batteries have become the preferred form of electrochemical energy storage; they are widely used in automotive, energy storage and portable electronics markets, with global demand continuing to grow rapidly. Springpower International Inc. (SPI) has created a new way to create the materials required for lithium ion batteries; the SPI technology is both environmentally friendlier and costs less than traditional technologies. SPI’s innovative production technology completely eliminates the generation of liquid waste produced by traditional technologies. The SPI process is simpler—it has fewer steps, consumes less re-agents and eliminates the creation of byproducts that require disposal. The whole process is less energy intensive and leads to lower production costs, which could be passed down to consumers and promote the wider adoption of clean technologies such as electric vehicles and renewable energy.