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Bullboard - Stock Discussion Forum 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... see more

TSX:NANO - Post Discussion

Nano One Materials Corp > Toyota buying out Panasonic - batteryJV, Primearth EV Energy
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Post by Lawisfun on Mar 12, 2024 12:04am

Toyota buying out Panasonic - batteryJV, Primearth EV Energy

https://www.autonews.com/automakers-suppliers/toyota-buys-out-panasonic-key-battery-maker-push-evs

"First U.S. battery plant
Toyota is already building its first U.S. battery plant in North Carolina to supply BEVs that will eventually be built in North America, at sites including its mammoth Georgetown, Ky., plant. In October, Toyota more than doubled its investment in the North Carolina battery plant with $8 billion to increase the number of battery production lines to 10 from two.
Those lines will be dedicated to electric vehicles and plug-in hybrids, vastly expanding planned production capacity to more than 30 gigawatt-hours annually. Another four lines are under construction to feed hybrid vehicles, for a facilitywide total of 14 battery assembly lines.
To power the wave of new EVs, Toyota has outlined five new batteries that will debut by the end of the decade. They kick off with a next-generation lithium ion power pack that will double the range the current power pack used in today's Toyota bZ4X electric crossover.
The new battery will deliver driving ranges of 621 miles and cost 20 percent less than Toyota's current EV batteries. This first next-generation lithium ion battery will debut in 2026.
Next up is a bipolar lithium iron phosphate battery that arrives around 2026 or 2027. Bipolar batteries boost power density by combining anode and cathode terminals into the same current collector. Anodes and cathodes normally have their own collectors.
This battery will boost range by 20 percent over today's bZ4X battery while reducing its cost by 40 percent, thanks to the use of the less expensive iron phosphate chemistry.
After that, Toyota plans a nickel-based bipolar lithium ion battery that will come to market around 2027 to 2028. That battery will improve range by 10 percent over the 621-mile range planned for the next-generation lithium ion battery that arrives in 2026 and will cost 10 percent less."
Comment by Gtnano on Mar 12, 2024 2:18am
And the cam will be delivered by BASF (NanoOne)     https://stocktwits.com/EllonM/message/536744267
Comment by Lawisfun on Mar 12, 2024 3:07am
We need BASF to make a formal commitment to Nano One.  They sure are taking their sweet time to evaluate the potential.  BASF is a super-major.  SMM is also a super-major and was able to marry-up with Nano.  What can possibly be taking BASF so long to state the obvious? Unless the obvious to us laypeople is maybe not so obvious to the subject matter experts at BASF ...more  
Comment by Lawisfun on Mar 12, 2024 3:22am
*deafening. 
Comment by contrap127 on Mar 12, 2024 3:11am
And the CAM will also be delivered by Sumitomo Metal Mining (NanoOne)! ;) https://www.youtube.com/watch?v=3DKFIh-zE3M (3:10) https://www.smm.co.jp/en/news/release/2020/03/001230.html https://nanoone.ca/news/nano-one-announces-closing-of-sumitomo-metal-mining-16-9m-strategic-investment-and-collaboration-agreement/  
Comment by Lawisfun on Mar 12, 2024 4:17am
So let me get this straight, the CAM to Toyota (following the buyout of Panasonic) will now be supplied by both BASF and SMM. And both BASF and SMM will be using One Pot technology.  And currently neither BASF or SMM is willing to publicly disclose an off take agreement with Nano One.  Yes that makes perfect sense.  Good grief. 
Comment by Gtnano on Mar 12, 2024 7:36am
So you think they will have an off take agrement before they have buildt the plants  whitout knowing the IRA support JV agreements and so on :)) Ok might make sense to you.
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