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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.

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

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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