Proprietary silicon-oxide anode material combining silicon with graphene to address volume expansion, offering up to 50% increased energy density, 20% extended EV range, over 1,000 cycles to 80% capacity, 90% retention after three months at high temperature, reduced expansion, and cost parity with synthetic graphite.
Silicon-oxide anode materials featuring 50% higher energy density vs. graphite, 20–28% EV range increase, >1,000 cycle life, 90% capacity retention at high temperature, reduced volume expansion; 3.8 Ah 18650 cells certified to UL1642 and IEC62133 for mass production.
Late 2024: $60 million DOE grant for a $175 million plant in Flint, Michigan to produce 2,500 t/year of silicon anode material supporting 1.5 million EVs; new Chicago facility at 455 N. Ashland Ave creating 60 jobs; UL1642 and IEC62133 certifications for 3.8 Ah 18650 cell enabling 2024 mass production.
Series B round raised $65M, co-led by Volta Energy Technologies and CC Industries; additional investors include GIC, Emerald Technology Ventures, Material Impact, Arosa Capital Management, Evergreen Climate Innovations, GOOSE Capital, Hyde Park Angels, Nabtesco Technology Ventures, and TechNexus Venture Collaborative.