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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.

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