Vancouver’s Nano One has entered into a cathode evaluation and benchmark agreement with an American-based multinational auto manufacturer to jointly evaluate Nano One’s cathode materials for automotive lithium ion batteries.
CEO Dan Blondal called the manufacturer a “major global EV leader” however financial compensation towards for the project remains confidential.
“The goal of this project is to evaluate the performance and commercial benefit of Nano One’s patented One-Pot process for nickel rich and cobalt free cathode materials in electric vehicle applications,” said Ms. Hamutal Ben Bassat, VP of Business Development for Nano One.
“This agreement formalizes efforts that began earlier this year and aligns Nano One with its second major automotive company. These are formative steps in developing a long term relationship. We are confident that given economic viability it will lead to commercial opportunities and strategies to integrate Nano One’s technologies into the electric vehicle value chain.”
Nano One’s One-Pot process forms durable single crystal cathode powders and protective coatings simultaneously, directly from sulfate-free metal salts and lithium carbonate. It is an environmentally inspired process using limited water and produces no waste stream. The process eliminates intermediate products, additional coating steps and the costly requirements for metal-sulfates and lithium hydroxide feedstocks.