Li-Fun, Amionx Sign Manufacturer Agreement for SafeCore

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Li-Fun and Amionx have entered into a manufacturer agreement that enables Li-Fun to produce batteries that include SafeCore by Amionx.

As part of the agreement, Amionx has begun the technology transfer process of a SafeCore® design for an existing Li-Fun battery that is typically used in consumer electronics devices. The companies intend to simultaneously work on a new design for an upcoming product also intended for consumer electronics. Once technology transfer is complete, Li-Fun will be able to make and apply SafeCore in its factories and may provide batteries using the technology to licensees of Amionx.

Patented and proprietary Safe Core® technology helps prevent batteries from being the source of explosion or fire.

"At Li-Fun, we value quality and place great priority on the safety of our products", said Kent Tu, CEO of Li-Fun. "This agreement with Amionx reflects this philosophy as SafeCore is truly innovative in its increased safety and the ability to enable new, more energy dense designs. Li-Fun strives to boldly innovate and be the market leader in advanced battery technology. We believe this agreement with Amionx will enable Li-Fun to create advanced designs that we will bring to the market together through excellent cooperation and teamwork"

"I'd like to welcome Li-Fun to the growing list of manufacturers who will now be able to produce batteries that include SafeCore," said Jenna King CEO of Amionx. "We have already been collaborating on a project for a commercial product, and the excellent team at Li-Fun shares our focus on innovation and safety. We look forward to supporting them in their goal to continue to win market share with excellent quality. As lithium-ion batteries are getting deployed in more applications, the number of safety-related incidents have also increased. Our passion at Amionx is to make lithium-ion batteries safer to enable more energy dense chemistries and flexibility in the design of battery packs."

SafeCore addresses the major events associate with thermal runaway in lithium-ion batteries which are overcharge and internal short as well as certain high temperature situations.  The benefits of SafeCore are: 

• Virtually no increase to the bill of materials for lithium-ion batteries
• No incremental capital cost
• Longer lifetime of battery
• Longer shelf life of battery
• Allows for design of smaller and lighter battery systems
• Applicable to other chemistries such as nano-silicon and lithium metal as well as solid state