Two California-based companies, Enevate and NantG Power, have entered into a strategic partnership and licensing agreement to combine their proprietary innovations in cathode and anode technologies. Their joint efforts aim to enable the commercialization and large-scale production of silicon-dominated battery technology. These advanced cells are intended for use in electric vehicles, electric scooters, heavy-duty drones, and fast-charging storage systems.
Enevate, a startup with support from major manufacturers like Renault, Nissan, and Mitsubishi, has previously announced plans to construct a U.S.-based production facility for electrodes in collaboration with JR Energy Solution, a South Korean battery electrode and cell manufacturer. NantG Power, a battery developer, is known for its leadership in ultra-high-performance lithium-ion battery cell technology, with a particular focus on enhancing energy density and fast-charging capabilities. Their goal is to double the current performance of batteries.
Enevate introduced its fourth-generation ‘XFC Energy Technology' featuring silicon-dominated anode technology in 2020. This technology is designed to enable a rapid 5-minute charge to 75 percent capacity, offering 800 Wh/l and 340 Wh/kg cell energy density. The partnership between Renault, Nissan, and Mitsubishi has been in effect since 2018, and Enevate has already secured production licensing agreements with several companies, including EnerTech International and South Korean factory partner JR Energy Solution, for the production of silicon-dominated anode technology.
Enevate CEO Bob Kruse expressed enthusiasm about the production license agreement with NantG Power, emphasizing its significance in advancing breakthrough battery technology. He stated, “I am convinced that the combined expertise of Enevate and NantG Power will further position us at the forefront of battery technology, offering high-speed charge, high energy density, and improved safety.”
Patrick Soon-Shiong, CEO and Chairman of the Board at NantWorks LLC and NantG Power, also praised Enevate's silicon-dominant anode technology and highlighted the importance of the license agreement in accelerating the development and commercialization of their innovative battery cell technologies.