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OTCPicks Featured Company: Lithium Technology Corporation (LTHU.PK) Announces Launch of New Product Line

Lithium Technology Corporation announced the launching of a new product line that consists of high density lithium iron phosphate (LiFePO4) cells, the largest cells of their kind in the world. The company is hopeful that the product line will be an answer in the need for electrical vehicle (EV) and the plug in hybrid vehicle (PHEV) markets.

The existing high power line consists of cells ranging from 6 Ah to 35 Ah, but with the commencement of the company’s new product line, the cells range from 8 Ah to 40 Ah. LTC is a global provider of large lithium-ion rechargeable power solutions focusing on the development and production of such batteries. Working closely with a German chemical company, Sud-Chemie and its Canadian sister company, Phostech, LTC is constantly looking for innovative ways to improve cell materials. Along with the company’s sophisticated manufacturing processes and proprietary design, state of the art packaging and assembly techniques, enables LTC to provide high performance cells that are unmatched by any other product.

LTC manufactures the GAIA® product line of large, high power hermetically sealed rechargeable lithium-ion cells and batteries. The Company’s product portfolio includes large cells and batteries from 10 times the capacity of a standard laptop computer battery to 100,000 times greater. LTC manufactures a variety of standard cells that are assembled into custom large batteries complete with battery management systems to communicate with other components of the system for performance monitoring.

“In recent years LTC has been developing and offering battery technology that is unmatched by any other battery power solution on the market,” stated Dr. Klaus Brandt, chief executive officer of LTC. “Today we are launching a product line that will complete our offering to the various markets we are targeting. We continue to prove our technical superiority and with the new iron phosphate products we raised the bar again. We developed this product to power the new breed of EV’s and for the fleet EV market that has been promoted recently all over the world,” Dr. Brandt concluded.

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