Solidion Technology, Inc. Provides Drop-in Solutions to the Production of Solid-State Batteries
February 20 2024 - 9:00AM
Solidion Technology, Inc. (NASDAQ: STI), an advanced energy
solutions provider, began initial trading on February 5, 2024.
Solidion is the merged entity between Honeycomb Battery Company
(HBC, Dayton, Ohio) and Nubia Brand International Co., a special
purpose acquisition company (SPAC), based in Dallas, Texas.
Solid-state batteries are expected to revolutionize the EV space
with their inherent safety, fast chargeability, and a potential
range of over 900 miles on a single charge. However, significant
challenges, such as manufacturing complexity, high cost, and
certain technical issues have delayed the wide-spread
commercialization of solid-state batteries.
Today, it is widely believed that new processes and
fundamentally different types of equipment must be developed to
cost-effectively manufacture solid-state batteries. This perception
appears to have led the EV battery industry to believe that current
lithium-ion battery producers must significantly modify their
current equipment and facilities to convert to production of
solid-state batteries. As a result, most of these producers have
postponed their transition to safer and better-performing
solid-state batteries.
Solidion’s FireshieldTM electrolyte technology enables
cost-effective conversion of today’s Li-ion battery facilities into
solid-state lithium battery production lines, requiring minimal
modifications. Solidion’s versatile and process-friendly
quasi-solid and solid-state electrolytes make it possible to
produce relatively safe lithium-ion and lithium-metal batteries
using current Li-ion manufacturing infrastructure and processes.
This revolutionary platform technology is applicable to battery
cells of practically any size and any shape (pouch, prismatic,
cylindrical, odd shape, etc.); it works for large cylindrical cells
as well, allowing all EV OEMs to enjoy the benefits of safe
quasi-solid or solid-state batteries in 3-4 years, instead of 5-7
years.
This disruptive platform technology is supported by a superior
IP portfolio in solid-state batteries. Solidion’s parent company
(G3) was recognized in 2021 as a global leader in the patent
landscape of solid-state electrolytes for lithium batteries.
KnowMade1, a French company specializing in research and analysis
of scientific and patent information, has analyzed more than 14,400
patent filings related to solid-state Li-ion batteries with
inorganic solid electrolytes. In 2021, G3 was one of just two US
companies recognized in KnowMade’s list of the top 31 companies;
the other was QuantumScape. In 2023, KnowMade2 ranked G3 as No. 9
in the world in the category of solid-state battery IP. Only 3
US-based companies were included in this list; the other two being
A123 (ranked No. 6) and GM (ranked No. 24).
Solidion actively seeks to engage with strategic partnerships in
various industries, including energy storage, EV, and consumer
electronics, to improve the time-to-market application of
solid-state batteries.
About Solidion Technology,
Inc.Headquartered in Dallas, Texas with production
facilities in Dayton, Ohio, Solidion’s core business includes
manufacturing of battery materials and components, as well as
development and production of next-generation batteries for energy
storage systems and electric vehicles for ground, air, and sea
transportation. Recognized as a global IP leader in both the
high-capacity anode and the high-energy solid-state battery,
Solidion is uniquely positioned to offer two lines of battery
products: (i) advanced anode materials (ready for production
expansion); and (ii) three classes of solid-state batteries,
including Silicon-rich all-solid-state lithium-ion cells (Gen 1),
anodeless lithium metal cells (Gen 2), and lithium-sulfur cells
(Gen 3), all featuring an advanced polymer- or polymer/inorganic
composite-based solid electrolyte that is process-friendly.
Solidion’s solid-state batteries can be manufactured at scale using
current lithium-ion cell production facilities; this feature
enables fastest time-to-market of safe solid-state batteries.
Solidion batteries are designed to deliver significantly extended
EV range, improved battery safety, lower cost per KWh, fastest
time-to-market, and next-gen cathodes (potential to replace
expensive nickel and cobalt with sulfur (S) and other more abundant
elements). For more information, visit www.solidiontech.com.
Solidion Technology Inc. Contacts
For Investors: ir@solidiontech.com
For Media: press@solidiontech.com
For technical questions:
Dr. Bor Jang, Chief Science Officer, Solidion Technology,
Inc.Bor.Jang@solidiontech.com
1 Source: Patent landscape on solid-state Li-ion batteries
with inorganic solid electrolytes (knowmade.com)2 Source:
Solid-state lithium-ion battery news: who are the IP newcomers?
(knowmade.com)
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