Addionics advances smart 3D Electrodes for EV batteries
Israeli battery technology start-up Addionics has recently inaugurated a new state-of-the-art, pilot line for manufacturing of its advanced Smart 3D Electrodes for electric vehicle batteries.
The company has raised about $ 40 million in various funding so far towards accelerating the development and production of its chemistry-agnostic Smart 3D Electrodes technology. It claims that this improves all key performance metrics for batteries including energy density, power, safety, and extending lifetime without increasing production costs.
Addionics also claims to be working with global companies to integrate its product to match the ever-rising global battery demand driven by the growing EV market. The new facility has the capacity to produce up to 10kWh and will increase to about 100kWh by the end of 2024. The company expects to reach 1 GWh production capability during 2025.
Dr. Moshiel Biton, Addionics Co-Founder and CEO, commented on the development, "The launch of our facility is a major milestone in commercializing Addionics' technology and expanding our supply to our worldwide clients and partners. Together with our investors and strategic partners, Addionics is on the path to mass production which will accelerate the EV revolution and will advance the global effort of decarbonization".
"Companies have tried to integrate 3D electrode architecture but did not have the technology. The commercialization of Silicon, Solid-State and advanced Li-Ion technologies will be significantly accelerated with the adoption of smarter designs. By Smart 3D Electrodes and our novel manufacturing process, we allow this transition", he added.
A patent-protected process developed to produce low-cost electrodes allows Addionics to optimize the structure of the battery in the design phase and production process itself, for optimal performance and competitive prices. Unlike most companies that operate in the market and focus on improvement while changing the battery's chemical composition, the startup claims to focus on the physical structure of the battery.
This approach allows the company to improve any type of battery, including batteries with new technologies that have not yet been commercialized.
Further, Addionics' patented core IP is a cost-effective and scalable battery-grade electrode fabrication process, which significantly lowers costs. The AI-based, drop-in technology is designed for production and is seamlessly integrated into any existing assembly line, allowing battery makers to reduce production costs while increasing manufacturing capacity, it claims.