Transformational and commercially available
silicon battery cells deliver up to double the power density and
half the charge times of traditional lithium-ion batteries
WOODINVILLE, Wash., May 20, 2024
/PRNewswire/ -- Group14 Technologies, Inc., the world's
largest global manufacturer and supplier of advanced silicon
battery materials, was named as the silicon battery material
manufacturer enabling "breakthrough performance" in Molicel's
ultra-high-power P50B lithium-ion battery cells.
"Thanks to Group14's SCC55®, Molicel's
P50B™ can have a similar life cycle range to
iron-phosphate batteries, but with double the power density and
half the charge times of the best cylindrical lithium-ion batteries
on the market today," said Dr. Lester
Yeh, head of Research & Development at Molicel.
"Group14's SCC55® silicon battery material has enabled
our latest ultra-high performance P-Series battery cells."
Group14's SCC55® advanced silicon battery material
has made Molicel's performance breakthrough possible, Yeh confirmed
this week in a presentation at the Advanced Automotive Battery
Conference in Strasbourg, France.
The Molicel INR-21700-P50B battery was first announced at CES 2024,
and described as the "groundbreaking innovation of ultra-high power
cells that push the boundaries of performance," most notably for EV
hypercars and eVTOL applications.
"The transformational performance improvement in the Molicel
P50B battery, powered by Group14's SCC55®, represents
today's state-of-the-art rechargeable battery," said Dr.
Rick Costantino, CTO and co-founder
of Group14. "Molicel is a best-in-class partner for Group14,
helping accelerate the transition to electrification with silicon
batteries."
Group14 is rapidly scaling its global manufacturing capabilities
worldwide. The company's advanced battery active materials (BAM)
factory already manufactures and has delivered large-scale
shipments of SCC55® to more than 100 customers
representing 95% of worldwide lithium-ion battery production. A
second factory in Moses Lake,
Washington, is planned to start production later in 2024 and
is expected to be the world's largest for advanced silicon battery
materials with an initial annual capacity of 4,000 tons of
SCC55® or 20 GWh of silicon battery material. The
first manufacturing module from Group14's joint venture with SK,
Inc. in South Korea is currently
being commissioned and will have a nameplate manufacturing capacity
of 2,000 tons of SCC55®, equivalent to 10 GWh of silicon
battery capacity annually.
About Group14 Technologies
Founded to enable the
electrification of everything, Group14 is the world's leading
commercial manufacturer and supplier of silicon battery technology.
Today, Group14 is working with more than 100 customers globally,
which represent 95% of worldwide lithium-ion battery production.
Group14 operates a commercial-scale Battery Active Materials
factory, BAM-1, in Woodinville,
WA, and recently launched a joint venture factory with SK in
South Korea. A second U.S.
factory, BAM-2, in Moses Lake, WA,
is expected to be completed in 2024. To date, Group14 has raised
over $650 million in financing from
investors and customers such as Porsche AG, Microsoft Climate
Innovation Fund, OMERS, Lightrock Climate Impact Fund,
Decarbonization Partners, Amperex Technology Limited (ATL), BASF,
Resonac and SK Inc. Visit us at www.group14.technology.
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SOURCE Group14 Technologies