Oklahoma Patent of the Month – September 2023
As we all know, batteries are an integral part of our daily lives, powering everything from our smartphones to electric vehicles. But what happens when these batteries reach the end of their usable life? Spiers New Technologies, Inc., experts in electric vehicle (EV) battery technology, have developed a solution for reconditioning and recycling battery packs.
Over time, rechargeable batteries lose their capacity, and when they’re no longer efficient, they’re typically discarded or sent to recycling centers. This might seem like the end of the road for these batteries, but Spiers New Technologies has developed a way to salvage and repurpose them. Their method focuses on recycling battery packs with multiple battery units, often found in electric vehicles and other applications.
Spiers New Technologies’ method begins by identifying battery packs that have been judged as degraded. Instead of writing them off completely, they take a closer look. The first step involves separating the individual battery units from these packs. This process ensures that only the truly degraded packs are processed, reducing waste.
Once separated, each battery unit undergoes rigorous testing using a specialized battery test stand. This testing isn’t just a simple voltage check; it involves collecting battery operating data over a specific time period. This data isn’t just any data; it has a unique shape, which holds the key to Spiers New Technologies’ recycling magic.
Spiers New Technologies matches battery units based on the shape of their battery operating data curves. This innovative approach ensures that batteries with similar performance characteristics are grouped together. It’s akin to assembling a team of batteries that can work together seamlessly.
Once matching battery units are identified, they’re used to form replacement battery packs. These packs have a new purpose and are ready to power various applications. By giving these battery units a second life, Spiers New Technologies is contributing to a more sustainable future.
What makes Spiers New Technologies’ method truly remarkable is that it doesn’t involve physically altering the battery units beyond charging and discharging. This approach is both eco-friendly and cost-effective, offering a sustainable solution to the growing issue of battery waste.
As we continue to rely on rechargeable batteries to power our modern world, innovations like Spiers New Technologies’ recycling method are crucial for reducing waste, conserving resources, and promoting a greener future. This breakthrough in battery recycling not only extends the life of these essential power sources but also demonstrates the power of innovative R&D in tackling environmental challenges.
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The Research & Experimentation Tax Credit (or R&D Tax Credit), is a general business tax credit under Internal Revenue Code section 41 for companies that incur research and development (R&D) costs in the United States. The credits are a tax incentive for performing qualified research in the United States, resulting in a credit to a tax return. For the first three years of R&D claims, 6% of the total qualified research expenses (QRE) form the gross credit. In the 4th year of claims and beyond, a base amount is calculated, and an adjusted expense line is multiplied times 14%. Click here to learn more.
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