Solidion Ready to Expand Production Capacity of Silicon/Graphene Composite Anode Materials
2024年6月25日 - 7:00PM
Solidion Technology, Inc. (NASDAQ ticker symbol “STI”), an advanced
battery technology solutions provider, today announced its plan to
begin expanding the production capacity of silicon-rich graphene
composite materials in early 2025.
The amount of energy that a lithium-ion battery can supply to an
electric vehicle (EV) is limited by the amount of charges stored in
its anode and cathode materials. Although graphite has been the
preferred anode material during the past 30 years, silicon oxide
(SiOx) and silicon (Si) are two evolving anode materials capable of
improving the energy density of EV batteries and extending the EV
range by 20-40%. However, the higher-capacity gain of both silicon
and silicon oxide is limited by the technical issue of large volume
change-induced rapid capacity decay and processing difficulty.
Solidion has overcome this technical obstacle and has
established a Dayton, Ohio-based facility for manufacturing silicon
oxide (SiOx) and silicon (Si). The Solidion team is ready to expand
the production capacity for these two types of high-capacity anode
materials.
Industry-leading EV OEMs have concluded that silicon and silicon
oxide anodes are required to drive EV battery technology to lower
cost and provide higher energy density, significantly extending the
EV driving range. Today, Solidion’s innovative Si anodes can
deliver this technology and more as a drop-in solution. This has
been recently validated by a third-party, which provides the
following comments:
- "This coating went
surprisingly well. In all of the silicon work that we've done this
year, we've not had a single coating that goes well."
- "You didn't see any
streak or see any agglomeration through the whole coating. The
coating thickness dialed in very quickly. It's almost like coating
graphite."
- "I think this is a
huge advantage of your material. Manufacturers are not going to
tolerate problems with coating like those. Machines just have to
run 24/7 perfectly. They're not going to have people there dealing
with coating issues. So I think it's a huge advantage of your
material."
Solidion is well-positioned to become a leading North American
supplier of battery anode materials, including graphite from
sustainable sources, silicon oxide (SiOx), and silicon (Si).
Solidion’s predecessor company (G3) was recognized as a global
leader in the patent landscape of silicon anode for lithium-ion
batteries.1 This report ranked G3 No. 1 in the USA in terms
of Si anode patent portfolio. Among US-based
companies, G3 was No. 1 (having 131 patent families in the Si
anode), followed by GM (90) and two other US-based battery
start-ups. Quite significantly, G3 was ranked No. 1 among all
the battery start-ups in the world.
Solidion has developed anode materials which precisely
fulfill requirements for next-generation EV batteries now specified
by the industry. Solidion seeks to establish partnerships for
expanding manufacturing capacity of its advanced anode
materials.
About Solidion Technology, Inc.
Headquartered in Dallas, Texas with pilot production facilities
in Dayton, Ohio, Solidion’s core business includes manufacturing of
battery materials and components, as well as development and
production of next-generation batteries for energy storage systems
and electric vehicles for ground, air, and sea transportation.
Recognized as a global IP leader in both the high-capacity anode
and the high-energy solid-state battery, Solidion is uniquely
positioned to offer two lines of battery products: (i) advanced
anode materials (ready for production expansion); and (ii) three
classes of solid-state batteries, including Silicon-rich
all-solid-state lithium-ion cells (Gen 1), anodeless lithium metal
cells (Gen 2), and lithium-sulfur cells (Gen 3), all featuring an
advanced polymer- or polymer/inorganic composite-based solid
electrolyte that is process-friendly. Solidion’s solid-state
batteries can be manufactured at scale using current lithium-ion
cell production facilities; this feature enables fastest
time-to-market of safe solid-state batteries. Solidion batteries
are designed to deliver significantly extended EV range, improved
battery safety, lower cost per KWh, fastest time-to-market, and
next-gen cathodes (potential to replace expensive nickel and cobalt
with sulfur (S) and other more abundant elements).
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. Solidion Technology Inc., (Nasdaq: STI) (the “Company,”
“Solidion,” “we,” “our” or “us”) desires to take advantage of the
safe harbor provisions of the Private Securities Litigation Reform
Act of 1995 and is including this cautionary statement in
connection with this safe harbor legislation. The words “forecasts”
“believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,”
“should,” “plan,” “could,” “target,” “potential,” “is likely,”
“expect” and similar expressions, as they relate to us, are
intended to identify forward-looking statements. We have based
these forward-looking statements primarily on our current
expectations and projections about future events and financial
trends that we believe may affect our financial condition, results
of operations, business strategy, and financial needs. Important
factors that could cause actual results to differ from those in the
forward-looking statements include (i) the lack of a third party
valuation in determining to pursue the business combination, (ii)
the effect of the announcement or closing of the business
combination on Solidion’s business relationships, operating results
and business generally, (iii) risks that the business combination
disrupts current plans and operations of Solidion and potential
difficulties in Solidion employee retention as a result of the
transaction, (iv) the outcome of any legal proceedings that may be
instituted against Honeycomb Battery Company or against Nubia Brand
International Corp. (“Nubia”) related to the transaction, (v) the
ability to maintain the listing of Solidion’s securities on a
national securities exchange, (vi) volatility of the price of
Solidion’s securities due to a variety of factors, including
changes in the competitive and highly regulated industries in which
Solidion operates, variations in operating performance across
competitors, changes in laws and regulations affecting Solidion’s
business and changes in the combined capital structure, (vii) the
ability to implement business plans, forecasts, and other
expectations after the completion of the transaction, and identify
and realize additional opportunities, and (viii) the risk of
downturns and a changing regulatory landscape in the highly
competitive EV battery industry, and the Risk Factors contained
within our filings with the SEC, including Nubia’s definitive proxy
statement filed with the SEC November 8, 2023. Any forward-looking
statement made by us herein speaks only as of the date on which it
is made. Factors or events that could cause our actual results to
differ may emerge from time to time, and it is not possible for us
to predict all of them. We undertake no obligation to publicly
update any forward-looking statements, whether as a result of new
information, future developments or otherwise, except as may be
required by law.
Solidion Technology Inc. Contacts
For Investors: ir@solidiontech.com
For Media: press@solidiontech.com
1 Source: Silicon Anode for Li-ion Batteries - Patent
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Solidion Technology (NASDAQ:STI)
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から 1 2024 まで 1 2025