RE:Target Annual Silicon Anode Production Doubled to 240 TonsNEO has furthermore submitted an intention to append another lot of 106,700 square feet for further expansion, but the Company will not have to undergo an additional review process to secure the additional land.
The full-fledged facility, after installing the maximum number of mass-production lines through expansion, will have the capacity to manufacture 2,000 tons of NBMSiDE per year.
With a 5% loading of NEO’s silicon into the anode material of the lithium-ion battery, which implies a 19-to-1 ratio between graphite and silicon, the initial capacity of the commercial plant will be able to supply to 160,000 electric vehicles.