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Nano One Materials Corp T.NANO

Alternate Symbol(s):  NNOMF

Nano One Materials Corp. is a clean technology company with a patented, scalable and low-carbon intensity industrial process for the low-cost production of high-performance lithium-ion battery cathode materials. It specializes in the production of low-cost, high-performance cathode active materials for lithium-ion batteries. Its technology is applicable to electric vehicles, energy storage, and consumer electronics, reducing costs and carbon intensity while improving environmental impact. Its patented One-Pot process is engineered to make cathode materials directly from non-sulfate forms of battery metals. Its Metal to Cathode Active Material (M2CAM) Technology enables sulfate-free metal powder inputs which eliminates 100% of wasteful sodium sulfate by-products while simplifying manufacturing. The One-Pot process simplifies production and enables its M2CAM technology. Its simplified One-Pot process enables cathodes to form simultaneously with their protective coating at the nano level.


TSX:NANO - Post by User

Post by My19sixyNineZon Mar 09, 2023 9:27pm
113 Views
Post# 35329680

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.VW and other non-US automakers obviously don't want to be at a disadvantage before their Chinese and American competitors, so they have little choice but to pick the US as their next battery factory destination. Another European battery maker - Northvolt - calculated that it will get US$8 billion from the US if it builds its factory there instead of realizing its European project. According to one other executive, they have been "contacted by many US states and they all highlight the IRA. When we put the figures together, the conditions they offer are much more interesting than the conditions they offer in Europe."
 
The Net Zero Industry Act - an answer to the IRA that the European Commission is expected to reveal next week - is rather short on specifics, said a VW exec who has seen the draft proposal. If Europe doesn't come around to dole out subsidies in a similar to the US fashion, it would risk losing billions upon billions of future battery investment and fall woefully behind in the EV game, they added."
 
& of course, OEM's know they can't use china's hydroxide cathodes, once they set-up shop here.
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