American energy & logistics multinational Phillips 66 and UK’s company behind the first demonstration of a sodium ion powered vehicle Faradion have launched a technical collaboration to develop lower cost and higher performing anode materials for sodium ion batteries, which have an inherent advantage over other power storage technologies because it uses low cost materials that are sustainable and widely available. Carbon is the preferred anode material for the batteries, and the collaboration is expected to leverage Phillips 66’s experience developing specialty carbon materials and Faradion’s work as a leader in sodium-ion battery technology. Faradion’s technology provides similar performance to conventional chemistries while avoiding use of expensive materials such as cobalt and replacing lithium with the more sustainable and abundant sodium while giving better safety and thermal stability. In 2015, Faradion demonstrated the world’s first sodium-ion battery powered vehicle when it launched an e-bike battery demonstrator in collaboration with Williams Advanced Engineering and Oxford University. The company’s comprehensive intellectual property portfolio comprises multiple patent families focusing on cell materials, cell infrastructure, pack design, safety and transportation.