Group14 Technologies, InoBat partners for manufacturing Li-Si EV batteries
Group14 Technologies and Inobat Auto have announced a partnership to custom manufacture high energy density batteries for automotive applications.
As major global automakers continue to make commitments to all-electric lineups, the demand for higher-performing energy storage is continuing to skyrocket at an exceptional rate. To deliver on the promise of zero-emission electric vehicles, automotive OEMs are turning to drop-in-ready technologies such as high-capacity silicon-based anode materials, which deliver dramatically more energy density per volume than traditional lithium-ion-based batteries for the mobility of all modes.
"Our goal is to contribute to the global electrification efforts. Partnering with Group14 will enable us to bring advanced energy solutions across the whole battery value chain for a variety of markets," said Marian Bocek, CEO, and Co-Founder of InoBat.
"At InoBat, sustainability lies at our core -- we are thrilled that Group14 shares our vision of a zero-emission future enabled by breakthrough battery technology and materials."
"To truly enable the electrification of everything, successful and sustainable EV adoption will hinge on energy storage breakthroughs," said Rick Luebbe, CEO, and co-founder of Group14 Technologies.
"With this partnership with InoBat, we are leaping to enable automotive OEMs to meet and exceed cost-parity all while delivering unparalleled performance and mitigating carbon emissions on a global scale."
The partnership with InoBat Auto comes on the heels of a joint venture agreement with SK materials to launch a factory in South Korea to enable dual sourcing of Group14's patented lithium-silicon technology to reach all corners of the world.