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NEO Battery Materials Ltd V.NBM

Alternate Symbol(s):  NBMFF

NEO Battery Materials Ltd. is a Canadian battery materials technology company. It is focused on developing silicon anode materials for lithium-ion batteries in electric vehicles, electronics, and energy storage systems. With a patent-protected, low-cost manufacturing process, it enables longer-running and ultra-fast charging batteries compared to existing technologies. It is a producer of silicon anode materials for the electric vehicle and energy storage industries. It is developing and optimizing its silicon anode materials, NBMSiDE, through its all-in-one manufacturing process. Its three types of products, NBMSiDE-P100, NBMSiDE-P200, and NBMSiDE-C100 are manufactured through its nanocoating technology and are based on metallurgical-grade silicon with purities of at least 99.95%. It has developed a nanocoating process to manufacture silicon anodes. Its material provides improvements in capacity and efficiency over lithium-ion batteries using graphite in their anode materials.


TSXV:NBM - Post by User

Post by tdsbon Jun 27, 2021 1:22pm
194 Views
Post# 33457618

Prices are The Key

Prices are The KeyWith these changes in technology prices will come down to the middle of the market. It wasn't too long ago that Tesla announced marketing its model 3 for $38,000. Consumer demand has played a huge role, and with that battery technology has changed in a huge way in the last 5 years. The market is already there for this product, it just has to slide into the assembly line and there you have it, the everyman's dream of an electric car that is affordable. Kinda of like Henry Ford all over again.
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