Chinese battery maker Farasis Energy said on Thursday it has landed a major overseas supply agreement to provide lithium iron phosphate (LFP) battery systems for two electric vehicle models that GAC Aion plans to introduce in the European market.
Under the deal, Farasis will equip the European versions of the Aion V and Aion UT with its SPS (Super Pouch Solution) battery technology. The company said the total contracted supply will exceed 10 gigawatt-hours, enough to support production of roughly 100,000 electric vehicles fitted with 100-kWh battery packs. “This collaboration marks a significant breakthrough for Farasis’ SPS battery products in overseas markets,” the company said in a statement.
Farasis said its SPS system is based on large-format pouch cells and is designed to balance driving range, fast charging and safety while keeping costs low and allowing for future upgrades.
The battery platform is already used in several China-market models, including Geely’s Radar RD6 Horizon electric pickup and the latest versions of the Aion V and Aion UT, covering multiple vehicle segments from pickups to sedans and sport utility vehicles.
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The agreement builds on a long-standing relationship between Farasis and GAC Aion, the electric vehicle arm of state-owned Guangzhou Automobile Group, for which Farasis has supplied batteries for multiple models in recent years. The European programme, however, represents Farasis’ most substantial expansion into overseas EV supply to date.
