News/Announcements

January 2012

Farasis Energy introduces next generation light weight universal battery module design for large format ESS (energy storage system) markets including transportation and smart grid energy storage applications. The compact xPS Battery Modules can be easily assembled into battery systems for a wide range of capacity and voltage configurations.

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2011

October 2011

Farasis Energy successfully delivers its first 140 kWh EV Bus Energy Storage System for a transit bus demonstration project in the city of Gan Zhou. This large, fully removable EV battery system includes an advanced battery management system for tracking SOC and SOH, cell balancing, thermal and safety management, data logging, and communicating with the vehicle controller, digital display, and charger over a CAN bus.

September 2011

Farasis Energy Inc. launches new 25Ah high-power Li-ion prismatic pouch cell product capable of providing the highest energy density and power density combination with the longest life on the market. The cell was developed to provide a new level of high performance for emerging electric vehicle transportation applications.

September 2011

Farasis Energy successfully delivers its first vehicle integrated 55 kWh EV battery system. The battery system was co-developed with a large Chinese automotive OEM for use in a Class 2 Electric Vehicle.

July 2011

Farasis has been awarded a Phase I SBIR contract from the US Department of Energy to develop a novel safety technology for Li-ion pouch cells. The new technology will further improve the safety of large Li-ion pouch cells and modules currently being commercialized for transportation applications.

June 2011

Farasis Energy (Gan Zhou) has completed ISO 9001:2008 quality management system certification and ISO 14001:2004 environmental management certification. The certifications represent Farasis Energy’s commitment to providing world class high quality products to their customers. Farasis is currently working towards TS16949 certification.

June 2011

Farasis was awarded a new contract to supply its advanced Li-ion battery system for an electric transit bus demonstration project in Gan Zhou, China. The city of Gan Zhou is using the demonstration project as the initiation for their plan to electrify their bus fleet to meet national carbon emission reduction targets.

June 2011

Farasis has received EV Battery performance and safety certification for its 18 Ah large prismatic pouch cells and modules from the China North Vehicle Research Institute. This certification is mandatory for all battery systems to be used in Electric Vehicle applications in China.

March 2011

Farasis adds 180 Ah Battery Modules to its product line based on its large, Li-ion prismatic pouch cell products. The new modules have been designed for easy integration of their large pouch cells into a range of EV applications.

January 2011

Farasis Energy Inc. launches new large 18Ah Li-ion prismatic pouch cell product designed to specifically meet the life, safety and power requirements of emerging transportation applications. The cell’s form factor and excellent thermal properties allow for high efficiency design of large modules and packs to maximize battery system performance for a range of applications.

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2010

December 2010

Farasis Energy, Inc has completed moving its US Headquarters and R&D into a new, larger facility in Hayward, CA. The new facility will support Farasis Energy’s expanding marketing and sales team and new battery engineering team focused on module and system development for transportation applications. Farasis has established the most advanced development capabilities for new Li-ion battery products at the new facility, from new materials development and scale-up to Li-ion battery packs and systems.

August 2010

Farasis has started production of its high power 18650 cylindrical Li-ion cell products on their recently installed fully automated manufacturing line at their facility in Gan Zhou, China. Farasis is now sampling products designed for high performance, high power applications to potential customers.

July 2010

Farasis has been awarded a Phase II DOE SBIR contract to support the further development, optimization and scale up of a novel, high capacity Li-ion battery technology being developed in collaboration with Argonne National Laboratory. Based on the success of a 9-month Phase I effort, the Department of Energy selected the project for an additional 2 years of funding that could lead to a new Li-ion battery product line with world leading energy density and cycle life.

March 2010

Farasis welcomes Bob Fu Yuan Lin as the newest member to its board of directors. Bob Lin brings years of experience in guiding new Silicon Valley high tech companies in developing successful growth strategies. Mr. Lin is the co-founder of Acorn Campus and Acorn Angels and has a long, highly successful investment record, helping take multiple companies public in the US and Asia including being the first investor in Avanti (IPO '95), AltiGen (IPO '97) and LightLogic (Sold to Intel for $400M '01).

February 2010

Construction has started on Farasis Energy’s high volume Li-ion battery manufacturing facility in Gan Zhou, China. When completed in late July, the 140,000 sq ft. facility will house high speed fully automated 18650 manufacturing lines along with a new advanced R&D laboratory and Farasis China headquarters.

January 2010

Farasis has been awarded a Phase I NSF SBIR contract to develop a novel method for recycling Li-ion battery materials and incorporating them into new high performance cells. Farasis will be working with RSR Technologies, one of the worlds largest Pb-acid battery recyclers, to develop and demonstrate the new recycling technology for Li-ion cells.