Nexeon to begin commercial supply of advanced silicon anode material to Panasonic; up to 50% greater cell energy density
UK-based Nexeon announced a partnership with Panasonic Energy Co., Ltd., a Panasonic Group company to supply the battery giant with Nexeon’s advanced silicon-based anode material that has the potential to increase the energy density of lithium-ion cells by up to 50%.
This next generation drop-in material will allow Panasonic to use a much higher percentage of silicon in lithium-ion cell anodes when compared with first generation materials such as Silicon-oxide, without requiring critical changes to the cell manufacturing process or significant capital investment.
Increasing the energy density of lithium-ion batteries boosts product performance for EV owners, offering increased vehicle range and reduced charging time. In addition to improved performance, the technology will enable automotive manufacturers to realize impactful cost savings on their EV battery pack systems.
The partnership with Panasonic is a testament to the progress we have made with our battery material technology. Our Silicon Anode material will bring dramatically improved vehicle range and charging speeds for EVs, helping to address drivers’ concerns and accelerate the transition to cleaner forms of mobility.—Scott Brown, CEO of Nexeon
Nexeon aims to accelerate the adoption of sustainable and more efficient battery technology to drive positive change on a global scale throughout the battery value chain. Through close collaboration with Panasonic, its drop-in material will power EVs from 2025.
This collaboration will help us drive growth of the lithium-ion battery industry and accelerate the world towards a net-zero emissions future. By integrating Nexeon's groundbreaking battery material with our advanced cell manufacturing capabilities, we believe that we can address the concerns such as range anxiety and charging time and contribute to accelerating the adoption of EVs.—Shoichiro Watanabe, Executive Vice President of Panasonic Energy