X-BATT® Wins Battery Innovation Center's Voltage Award
Recognized at the BIC's 5th Annual Stakeholder Luncheon as the emerging company and technology with the highest potential to make a difference in batteries and electrification.
ORLANDO, FL — October 12, 2022— A next generation battery technology has won X-BATT the Voltage Award from the Battery Innovation Center (BIC) at its 5th Annual Stakeholder Luncheon event in Indianapolis.
The Voltage Award recognizes an emerging company and technology that shows the highest potential to make a difference in batteries and electrification. The event hosted over 200 individuals representing startups to fortune 500 companies involved in the energy storage space.
Each year, demand for lithium-ion batteries is expected to grow by 25 percent resulting in 14x growth by 2030. X-BATT®, a joint venture of Semplastics and X-MAT®, has a disruptive technology that can help meet this demand in an eco-friendlier way. The company's patented technology uses impure recycled graphite, coal, and other carbon sources to support the domestic anode material supply chain.
“What we are doing with this technology to support electric vehicle batteries is revolutionary. I expect that we will be able to use this technology to make a lasting impact across the lithium-ion battery industry especially as the demand for electric vehicles continues to expand.”
X-BATT technology continues to evolve, it now has produced data from Single Layer Pouch Cells that have reached over 2,000 cycles, outperforming cells containing industry standard materials. Currently, large format pouch cell testing is underway at the BIC and testing performance in 18650 Cylindrical Cells is scheduled to be initiated by the end of 2022.
X-BATT has recently been granted a U.S. Patent (US 11,335,962 B2). This is one of several issued patents that support their innovative technologies. The granted patent covers several important technologies that incorporate recycled or contaminated materials from electric vehicle or consumer electronic lithium-ion batteries into high-performance anode composites that can be reintegrated back into the supply chain.
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