International Battery Company and Xponential Battery Materials sign MoU to develop Li-S solid-state batteries for EVs
28 January 2025
International Battery Company (IBC) and Xponential Battery Materials (XBM) have signed an MoU to collaborate on the production of a sustainable, high-energy density, low-weight, and cost-effective Li-Sulfur (Li-S) Solid-State Battery (SSB), for EV battery markets.
The demand for affordable and sustainable, urban e-mobility battery solutions presents a massive opportunity for new technologies and architectures in the battery industry. This collaboration establishes a development partnership that aims to leverage IBC’s chemistry-agnostic innovation platform with XBM’s unique approach to supplying CarbonX Li-S Active Cathode Material (CAM) material. In addition, XBM will bring related LSB and solid-state cell manufacturing know-how to help IBC accelerate commercial-scale cell production in the US.
IBC is an end-to-end lithium-ion product company specializing in the design, development, and manufacturing of prismatic form factor cells for niche players in the mobility and storage sectors.
US-based XBM takes abundant waste byproducts from petroleum (sulfur) and paper processing (lignin/tannin) industries to serve as a critical domestic EV battery material supply chain feedstock.
IBC recently announced a large joint venture arrangement in India to build a 1 gigawatt-hour facility for battery production.
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