Amprius Secures $21M SiCore Cell Order for Chinese EVs

Amprius Technologies secured a $21 million order from a Chinese e-mobility customer for its SiCore 30 Ah cylindrical lithium-ion cells, set to power light EVs with silicon anodes that double energy density and exceed 2000 cycles.

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Amprius Technologies announced it has secured a $21 million purchase order for its SiCore® cylindrical lithium-ion cells from a new electric mobility customer in China. The cells will be integrated into a range of light electric vehicles, including scooters, three-wheelers and motorcycles.

The 30 ampere-hour cells feature a silicon anode design that can boost energy density by up to 100 percent compared with conventional graphite-based cells. They are also rated for more than 2,000 charge-discharge cycles, offering both high energy capacity and long operational life for light electric vehicle applications.

“Current conventional batteries used in two and three-wheelers are constrained by their inherently low energy density,” said Tom Stepien, CEO of Amprius. “Our silicon anode technology addresses this shortcoming by delivering higher energy density while maintaining the cycle life that these applications require. This purchase order underscores the increasing demand for higher-performance batteries in high-volume mobility markets and marks an important step in expanding our global business.”

A market study by Ratel Consulting projects that battery demand for light electric vehicles—including e-scooters, e-bikes, three-wheelers and electric motorcycles—will grow at a compound annual rate of approximately 15 percent, reaching about 26 gigawatt-hours by 2030. Urban mobility trends and wider electrification are driving this growth, and Amprius believes its advanced battery cells are well-suited to meet the industry’s needs for longer range and improved performance.

Headquartered in Fremont, California, Amprius Technologies specializes in high-energy, high-power silicon anode lithium-ion batteries and utilizes a contract manufacturing approach to support scalable production. Its technology serves applications in aerospace, defense and electric mobility.

Source: Amprius Technologies Investor Relations

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