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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 lscfaon Mar 10, 2022 8:42am
227 Views
Post# 34502380

Tesla Silicon

Tesla Silicon

Neo Battery compares its silicon anodes to graphite anodes but what about others doing silicon anodes?  


 

Tesla

No conversation about EV battery innovation is complete without the mention of Tesla, and as per usual, the company is well ahead of its competitors when it comes to R&D. Silicon has already been used in Tesla vehicles for a few years.

five-pillars-of-Tesla's-strategy
IMAGE: Screen capture from Tesla’s “Battery Day” presentation. The five pillars of Tesla’s strategy to reduce vehicle and battery cost

However, these solutions, such as silicon nanowires, are highly engineered and expensive. As a result, they can’t be scaled. Tesla’s new silicon anode method, dubbed “Tesla Silicon,” costs just $1.20/kWh — roughly 6-10x cheaper than current or other methods used to date. Tesla Silicon begins with raw metallurgical silicon, no engineering required.

The battery is designed to account for the expansion of silicon, rather than constrain it. Tesla describes their silicon as featuring an “elastic binder and electrode design” in addition to an “elastic, ion-conducting, polymer coating.”

These changes alone are projected to increase Tesla’s battery range by 20% and decrease costs by 5% per kWh. One of the most significant benefits of using raw metallurgical silicon is that manufacturing costs can be significantly reduced by forgoing early engineering processes. This also means the solution is easy to scale, as it doesn’t require any high upfront capital expenditures.

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