Enevate and NantG Power join forces on battery innovations

The Californian battery companies Enevate and NantG Power have formed a strategic alliance to produce next-generation battery technology. Both sides want to combine their cathode and anode innovations for this purpose.

Image: Nissan

Under the partnership and licensing agreement, the two California-based companies, Enevate and NantG Power, will each contribute their proprietary cathode and anode innovations to commercialise and produce silicon-dominated battery technology in large quantities. The cells will be designed for electric vehicles, as well as electric scooters, heavy-duty drones and fast-charging storage systems.

Enevate is a start-up supported by the manufacturer alliance Renault, Nissan and Mitsubishi, among others. In July, Enevate announced the construction of a US production facility for electrodes in cooperation with JR Energy Solution (JR ES), a South Korean manufacturer of battery electrodes and cells. The new partner for producing the abovementioned silicon-dominated battery technology is battery developer NantG Power.

According to its own accounts, NantG Power is a leader in ultra-high performance lithium-ion battery cell technology “with a focus on revolutionising energy density and fast-charging capability.” The company hopes to double current battery performance.

For its part, Enevate introduced the fourth generation of its ‘XFC Energy Technology‘ with silicon-dominated anode technology in 2020. It should enable a 5-minute charge to 75 per cent capacity at 800 Wh/l and 340 Wh/kg cell energy density. The Renault-Nissan-Mitsubishi partnership has been in place since 2018, and the Californians have already signed production licensing agreements for their silicon-dominated anode technology with several companies, such as EnerTech International and US factory partner JR Energy Solution for production in South Korea.

“We are very excited about this production license agreement with NantG Power. This license agreement is a testament to Enevate’s breakthrough technology and the next milestone towards further commercialisation,” says Enevate CEO Bob Kruse. “I am convinced that the combined expertise of Enevate and NantG Power will further position us at the forefront of battery technology, offering high-speed charge, high energy density, and improved safety.”

Patrick Soon-Shiong, CEO and Chairman of the Board at NantWorks LLC and NantG Power agrees. “We are highly impressed by the revolutionary performance of Enevate’s silicon dominant anode technology,” he says. “This license agreement is an important step for NantG Power to accelerate the development and commercialisation of our combined breakthrough battery cell technologies.”

businesswire.com

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