LTO Li-ion battery provider Microvast Holdings is participating in a mining industry electrification consortium led by Shell. The consortium’s pilot offering of electrification solutions for off-road mining vehicles aims to advance the electrification of mining sites and reduce emissions by shifting away from a long-standing reliance on diesel without compromising on safety or operational efficiency.
Shell, together with the consortium members, wants to offer an end-to end, interoperable and modular solution for the mining industry, including power provisioning and microgrids, ultra-fast charging and in-vehicle energy storage.
Within the consortium, Microvast has been tasked with delivering a custom high-powered battery solution with ultrafast charging capabilities. The ultra-high voltage (>1000 VDC) lithium titanium oxide (LTO) lithium-ion battery system to be developed by Microvast, with extremely high C-rate capability and long cycle life of up to 20,000 cycles under normal operating conditions, will be critical to enable the high-power, ultrafast charging and heavy duty use solution that the consortium is chartered to deliver.
Microvast delivered its first LTO battery for electric vehicle applications in 2011 and has more than a decade of experience in LTO lithium-ion battery development, manufacturing and deployment. High voltage LTO batteries are also suitable for applications in other industries such as engineering equipment, rail transportation, marine, and energy storage.