X-BATT Announces Joint Venture to Revolutionize Battery Technology with Coal
X-BATT partners with CONSOL Innovations to form C-BATT Innovations LLC — a joint venture focused on accelerating coal-based anode technology toward commercialization.
OVIEDO, FL — October 5, 2023— X-BATT, a pioneer in advanced battery materials, is excited to announce that it has partnered with CONSOL Innovations, a subsidiary of CONSOL Energy Inc., to accelerate the development of its coal-based anode technology. The work will be performed by C-BATT Innovations LLC, a newly formed joint venture between the companies, which is focused on advancing domestic battery materials derived from coal toward ultimate commercialization.
Since 2020, in partnership with the Department of Energy, X-BATT has been at the forefront of this innovation, integrating coal with its proprietary, low-cost, resin-based technology to produce high performance, domestically sourced anode materials.
This joint venture stands as a testament to the converging forces of innovation and sustainability and is poised to reshape the landscape of energy storage and battery technology.
“Collaborating with a forward-looking energy leader like CONSOL propels our technology to the next level. The ability to supplant graphite with an abundant, domestically sourced coal presents an eco-friendly solution for the growing demand for lithium-ion batteries.”
Founded in 2019, X-BATT® pioneers tomorrow’s energy-storage materials through curiosity-driven, disruptive R&D. Our mission is to advance energy-storage material science through bold research, innovative materials development, and collaborative partnerships, delivering transformative solutions for a sustainable future.
www.x-battinc.com