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Silicon Anode Technology Could Save Significant Charging Time for EV Batteries
Electric vehicle sales aren’t likely to slow, especially with countries pledging to emissions. For example, the U.S. just pledged to reduce emissions by up to 52%. Europe wants to cut emissions by up to 55% by 2030. China says it’ll stop releasing CO2 in the next 40 years. That could increase demand for EVs even more from companies, such as Tesla Inc. (NASDAQ:TSLA), Ford Motor Company (NYSE:F), General Motors Company (NYSE:GM), and Volkswagen (OTC:VWAGY). In addition, “A new report by Cairn Energy Research Advisors, a research firm focused on the battery and EV industries, predicts a surge in electric vehicle sales in 2021 as countries around the world push new programs to encourage consumers to buy battery powered vehicles. Cairn estimates global sales of EVs in 2021 will jump 36% and top 3 million vehicles for the first time ever.” The rise in EVs has called for increasing demands of lithium-ion batteries and battery-related companies to improve performance and costs. NEO Battery Materials Ltd. (TSXV:NBM)(OTC:NBMFF) has just announced it has achieved a 5-minute ultra-fast charging ability through its silicon anode technology – anodes being a key component of lithium-ion batteries.
5-Minute Ultra-Fast Charging Capability Achieved by NEO’s Silicon Anode Technology
Dr. Jong Hyeok Park, Chief Scientific Advisor and Director of NEO Battery Materials Ltd. (TSXV:NBM)(OTC:NBMFF) , is pleased to announce that NEO’s silicon (Si) nanocoating technology successfully achieved an ultra-fast charging/discharging capability in a half-cell coin test. In a newly-conducted test through Dr. Jong Hyeok Park’s Lab, this breakthrough result presents the potency of NEO's nanocoating technology through showing superior charging/discharging performance on small battery cells. NEO’s nanocoated silicon anode allows for a safe full charge within 5 minutes, which demonstrates potential for scaling and implementation in larger cells such as those used in high power EV batteries.
Dr. Jong Hyeok Park commented, “Our unique, proprietary solution integrates silicon nanoparticles uniformly coated by a nanometer-thick elastomer – a highly elastic polymer – with superior affinity to liquid carbonate electrolytes, which substantially outperforms the rate-capability of conventional silicon anodes as shown below. For a performance test at a 12 C-rate, which represents a several minute operation of the cells, we can realize 5 minute-level ultra-fast charging/discharging without major capacity loss or safety concerns.”
“Our test results evidence that the Company’s devised concept is valid and viable for improving the rate-capability of silicon beyond the current state of the art, which cannot be attained by only utilizing conventional silicon-carbon (Si-C) nanocomposites. NEO’s silicon anode enables better wettability of the electrolyte to the surface of Si nanoparticles, which can bring about a larger contact surface area to increase the lithium-ion current or movement to the anode. Our proprietary elastomer nanocoating layer with excellent affinity with polar solvents shows fast charging/discharging ability for high power electric vehicles” added Dr. Park.
Spencer Huh, President and CEO of NEO, commented, “We are proud and excited to announce NEO’s 5-minute ultra-fast charging capability through our unique silicon nanocoating technology using an ion-conductive elastomer layer. We are on the mission to remove the bottleneck of EVs effectively and efficiently through improving the cell chemistry and performance of lithium-ion batteries through silicon anodes.”
“We are currently well underway of developing a full-cell prototype. Our team of top South Korean battery experts will continue to refine our technology to deliver an innovative silicon anode material that is cost-effective, mass-producible, and commercially viable,” added Spencer Huh.
Other related developments from around the markets include:
Tesla Inc. released its financial results for the first quarter of 2021 by posting an update on its Investor Relations website. Please visit to view the update.
Ford Motor Company, which already helps commercial customers “own work” with the world’s most popular pickup trucks and vans, now plans to redefine success for those customers with Ford Pro – a global vehicle services and distribution business that will increase uptime and reduce ownership costs, leading to higher productivity and performance. The new business – separate within Ford and the first of its kind among automakers – is a major outcome of the Ford+ plan for growth and value creation, which is based on building enduring, always-on customer relationships.
General Motors Company outlined steps it is taking to increase deliveries to dealers and customers in the United States and Canada to meet strong consumer demand for Chevrolet, Buick, GMC and Cadillac vehicles. Production of the Chevrolet Silverado HD and GMC Sierra HD full-size pickups will increase by about 1,000 trucks per month beginning in mid-July as a result of production line efficiencies delivered by the team at Flint Assembly in Michigan. Shipments of Chevrolet Colorado and GMC Canyon mid-size pickups built at Wentzville Assembly in Missouri will increase by about 30,000 total units from mid-May through the week of July 5 as the team completes dynamic vehicle testing on units held at the plant due to semiconductor supply disruptions. Smaller volumes of vehicles held at other plants also will complete dynamic vehicle testing and ship to dealers during June and July.
Volkswagen intends to durably improve its good position in Germany in a strong competitive environment with a three-year boost program. Up to the end of 2023, the company will be investing a triple-digit million-euro figure in the expansion of digital and showroom sales in the German market. “Germany is our home market. We will be providing a further significant boost to sales here and will be making Germany a model for other markets, also with respect to digitalization,” says Klaus Zellmer, Board Member for Sales, Marketing and After Sales at Volkswagen. “With ACCELERATE, we intend to make Volkswagen the most attractive brand for sustainable mobility. This also includes an excellent customer experience during the purchasing, leasing or servicing of a Volkswagen. We want to set standards in this area.”
Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for NEO Battery Materials Ltd. by NEO Battery Materials Ltd. We own ZERO shares of NEO Battery Materials Ltd. Please click here for full disclaimer.
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