Superlattice Power, Inc. (SLAT.OB) Moves Forward With Manufacturing Plans
Superlattice Power, Inc., emerging leader in the development of the next generation of batteries for electric and hybrid vehicles, is continuing with their recently announced plans to establish a manufacturing unit for their advanced lithium ion polymer batteries. The company is working with an unnamed Asian company to set up the first pilot scale production unit in Mooresville, North Carolina. The plant is expected to have an initial production capacity of 36,000 cells per year, enough to supply 450 electric vehicles. Once fully operational, the plant is targeted to produce approximately 100,000 cells annually. The advantage of Superlattice’s advanced battery…