Nano One Cathode Evaluation Pact with Automotive Company
Nano One has entered into a cathode evaluation and benchmark agreement with an American based multinational auto manufacturer to jointly evaluate
Nano One has entered into a cathode evaluation and benchmark agreement with an American based multinational auto manufacturer to jointly evaluate Nano One's cathode materials for automotive lithium ion batteries. Financial compensation towards the project is confidential. The goal of this project is to evaluate the performance and commercial benefit of Nano One's patented One-Pot process for nickel rich and cobalt free cathode materials in electric vehicle application
Nano One's One-Pot process forms durable single crystal cathode powders and protective coatings simultaneously, directly from sulfate-free metal salts and lithium carbonate. It is an environmentally inspired process using limited water and produces no waste stream. The process eliminates intermediate products, additional coating steps and the costly requirements for metal-sulfates and lithium hydroxide feedstocks. This aligns Nano One with the sustainability and cost objectives of automotive companies, investment communities and governmental infrastructure initiatives.
Nano One Materials Corp has developed patented technology for the low-cost production of high-performance lithium ion battery cathode materials used in electric vehicles, energy storage and consumer electronics. The processing technology enables lower cost feedstocks, simplifies production, and advances performance for a wide range of cathode materials. Nano One has built a demonstration pilot plant and is partnered with global leaders in the lithium ion battery supply chain to advance its lithium iron phosphate, lithium nickel manganese cobalt oxide and lithium nickel manganese oxide cathode technologies for large growth opportunities in e-mobility and renewable energy storage applications.
Nano One's pilot and partnership activities are being funded with the assistance and support of the Government of Canada through Sustainable Development Technology Canada, the Automotive Supplier Innovation Program a program of Innovation, Science and Economic Development Canada and the Province of British Columbia through the Ministry of Energy, Mines and Petroleum Resources. Nano One's mission is to establish its patented technology as a leading platform for the global production of a new generation of battery materials.