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Stock impact report

Soteria Battery Innovation Group Files Patent on Technology to Battle E-Bike Fires [Yahoo! Finance]

MITSUI & CO LTD ADR (MITSY) 
US:NASDAQ Investor Relations: mitsui.com/us
Company Research Source: Yahoo! Finance
GREENVILLE, S.C. Sept. 16, 2024 E-bike batteries are often composed of more than 50 individual cells, closely packed within a tight, sealed container. When one cell catches fire, the resulting heat can quickly ignite neighboring cells, causing fifty miniature explosions, each one shooting jets of flame and molten material outside the battery pack. This technology borrows the geometry of spacer material used in aerospace composites called honeycomb. When formed from a flame-retardant, insulating material, and in the size and shape to cover each battery, this honeycomb barrier forms the perfect insulator that can keep each cell from heating the other cells, slowing or stopping the propagation of the fire. As part of a years-long study on e-bike battery safety in collaboration with industry partners including NASA, Polaris, the Fire Department of New York and many others, Soteria's technology team dismantled over 30 different e-bike batteries to gain a thorough understanding of po Show less Read more
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