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SmartCharge SIGNED

SmartCharge: Smart integrated circuits for advanced battery management

Total Cost €

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EC-Contrib. €

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Partnership

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 SmartCharge project word cloud

Explore the words cloud of the SmartCharge project. It provides you a very rough idea of what is the project "SmartCharge" about.

yielding    mobility    15    full    bms    nonetheless    lithium    reliability    mn    exist    chain    safety    opening    cells    ev    capacity    strategic    positions    create    hybrid    communications    battery    revenue    gross    muscle    wiring    representing    additional    monitoring    icab    protected    stacks    stands    manufacturers    commercialization    energy    cell    performance    post    patent    larger    consolidate    unquestionably    barriers    minimize    their    complexity    profits    opportunity    reduce    business    gt    alternatives    adoption    unmatched    efficient    endurance    market    pack    reducing    local    bottlenecks    summing    325    master    hereto    remaining    electric    lower    balancing    introduction    bridge    maturation    innovation    monitored    disruptive    partnering    circuit    gaps    company    vehicles    optimizing    stream    playing    capture    accelerate    powerline    communication    libal    offers    ramping    prepared    ramp    63    50    slave    asic   

Project "SmartCharge" data sheet

The following table provides information about the project.

Coordinator
Lithium Balance A/S 

Organization address
address: Hassellunden 13
city: SMORUM
postcode: 2765
website: www.lithiumbalance.com

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Denmark [DK]
 Project website https://www.lithiumbalance.com/en/
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3.4. (SOCIETAL CHALLENGES - Smart, Green And Integrated Transport)
2. H2020-EU.2.1.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT))
3. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
 Code Call H2020-SMEINST-1-2016-2017
 Funding Scheme SME-1
 Starting year 2018
 Duration (year-month-day) from 2018-03-01   to  2018-07-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    Lithium Balance A/S DK (SMORUM) coordinator 50˙000.00

Map

 Project objective

Electric vehicles (EV) are unquestionably the future of mobility, with numerous initiatives to accelerate its adoption. Nonetheless, technical gaps still exist on EV usage – several of them relating with battery capacity, cost, performance and safety concerns, which create several barriers for EV wider market uptake. Hereto, Battery Management Systems (BMS) have been playing a key role in optimizing the use of continuously larger battery stacks with improved endurance, performance and reliability, typically representing around 15% of the overall battery cost. Hereto, reducing their cost and improving their performance is key to minimize the battery-related bottlenecks for wide EV adoption.

LiBAL has developed a novel Integrated Circuit for Advanced Battery Management (ICAB). ICAB is an ASIC-based integrated circuit to be deployed as a local monitoring unit within large BMS. ICAB offers several disruptive features, including 1) an unmatched cost per monitored lithium cell (>50% lower than alternatives from major manufacturers), 2) enabling more efficient energy balancing across cells in the battery pack without ramping overall costs, through a unique, patent-protected hybrid balancing method and 3) is prepared to reduce the complexity of master/slave communication wiring through powerline communications.

To bridge the remaining steps towards full scale commercialization of ICAB, LiBAL has not only to widely demonstrate it in full scale but also to consolidate our strategic partnering throughout the EV value chain to ensure enough muscle for ICAB’s production ramp-up. The to-market maturation of ICAB within the present innovation project represents a strategic opportunity yielding a very large business potential for our company – opening a potential revenue stream summing up to over €325 mn over the 5-years post market introduction, from which LiBAL stands to capture over €63 mn as additional gross profits, while creating 50 new positions at our company.

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The information about "SMARTCHARGE" are provided by the European Opendata Portal: CORDIS opendata.

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