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Volt Carbon Technologies Inc. releases test results for its high energy density Lithium (Li)-metal Iron Phosphate battery and provides an operational update, showcasing an industry-leading 280Wh/kg energy density for the cathode type, which can impact battery competitiveness for electric vehicles and devices. The company aims to surpass 800 cycles and achieve an 80% capacity threshold by the end of 2024. The Lithium Iron Phosphate (LFP) battery technology advancements mark a significant step forward in the company's strategic roadmap outlined until 2030.
