Summary
- CustomCells and Group14 Technologies signed a multiyear agreement for silicon battery materials
- The agreement is expected to be over $300 million in value
- The supply will be for CustomCells’ planned US battery factory with a capacity of up to 2 GWh per year
- The collaboration will provide access to silicon as an anode material for higher energy density
- CEO of CustomCells, Dr. Dirk Abendroth, highlighted the performance benefits of Group14’s SCC55 material
Article
CustomCells, a German battery manufacturer, and Group14 Technologies, a US silicon-carbon battery materials producer, have entered into a multiyear agreement for the supply of Group14’s SCC55 silicon battery material. The contract is expected to be worth over $300 million and will ensure a steady supply of SCC55 for CustomCells’ planned US battery factory, which is projected to have a capacity of up to 2 GWh per year. This partnership will enable CustomCells to utilize silicon as an anode material, leading to higher energy density, increased range, faster charging, and lighter batteries.
Dr. Dirk Abendroth, the CEO of CustomCells, expressed excitement about the collaboration, stating that Group14’s SCC55 material represents a significant advancement in battery performance. By gaining access to silicon as an anode material for future cell generations, CustomCells will be able to achieve higher energy density and improve various aspects of battery performance. This includes enhancing range, enabling rapid charging, and reducing the overall weight of the batteries produced by the company. The agreement will also extend CustomCells’ access to silicon technology for upcoming battery innovations.
With the agreement set to extend beyond 2030, CustomCells will have a long-term strategic partnership with Group14 for the supply of SCC55 silicon battery material. This long-term arrangement reflects the commitment of both companies to drive innovation in the battery industry and develop cutting-edge technologies that can revolutionize energy storage solutions. By securing a reliable source of high-quality silicon material, CustomCells can ensure the continued production of advanced batteries for various applications, including electric vehicles and renewable energy storage systems.
The partnership between CustomCells and Group14 Technologies signifies a significant milestone in the advancement of battery technology and the transition to more efficient and sustainable energy storage solutions. By leveraging Group14’s SCC55 silicon battery material, CustomCells aims to push the boundaries of battery performance and unlock new possibilities for enhancing the efficiency and capabilities of energy storage systems. The collaboration reflects a shared vision between the two companies to drive innovation, improve energy density, and accelerate the adoption of electric vehicles and renewable energy sources.
Dr. Abendroth emphasized the transformative potential of Group14’s SCC55 material, highlighting its ability to enable next-generation battery cells with superior performance characteristics. By incorporating silicon as an anode material, CustomCells can achieve a significant increase in energy density, which translates to higher range, faster charging speeds, and reduced battery weight. These advancements will not only enhance the efficiency and performance of CustomCells’ batteries but also contribute to the overall advancement of battery technology and the widespread adoption of electric vehicles.
Overall, the agreement between CustomCells and Group14 Technologies represents a strategic partnership that will drive innovation, improve the performance of battery technologies, and accelerate the transition to more sustainable energy solutions. By securing a long-term supply of Group14’s SCC55 silicon battery material, CustomCells is poised to revolutionize the battery industry and create cutting-edge energy storage solutions that will power the future of transportation and renewable energy. This collaboration underscores the commitment of both companies to advancing battery technology and paving the way for a more sustainable and energy-efficient future.
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