barnyarddog
1 year ago
MONTREAL, Aug. 31, 2023 (GLOBE NEWSWIRE) -- NanoXplore Inc. (“NanoXplore” or the “Corporation”) (TSX: GRA and OTCQX: NNXPF), a world-leading graphene company and its wholly owned subsidiary, VoltaXplore Inc. (“VoltaXplore”), a silicon-graphene-enhanced Li-ion battery manufacturer for the Electric Vehicle and grid storage markets, are pleased to announce that VoltaXplore has agreed on commercial terms for the supply of Li-ion battery cells with a well-known commercial vehicle OEM. Battery cells will be produced in VoltaXplore’s gigafactory starting from 2026. The agreement is for 1 GWh per year for a duration of 10 years following a pricing formula that passes through raw material cost to the customer.
https://www.otcmarkets.com/stock/NNXPF/news/NanoXplore-and-VoltaXplore-announce-an-agreement-with-a-well-known-heavy-commercial-vehicle-OEM-for-supply-of-Li-ion-bat?id=412575
Reac
4 years ago
Okay so the fast charging long lasting “Jesus battery” is the graphene battery.
Problem: The graphene battery technology is here but the high cost of graphene prohibited commercialization.
Solution: Nanoxplore Ticker: NNXPF
https://www.nanoxplore.ca/
“NanoXplore’s ability to provide industrial volume of graphene at an affordable cost is the key that unlocks the development of the graphene market, resulting in a market shift from a technology-push to a market-pull. This shift is already underway and NanoXplore is positioning itself as an industry-leader in the successful commercialization of graphene globally.
This is a significant achievement not only for NanoXplore, but for the entire graphene industry. To our knowledge and according to IDTechEx, we have built the largest graphene production facility in the world “
https://www.nanoxplore.ca/commissioning-completion-of-the-4000-metric-tons-per-year-graphene-production-capacity-facility/
“ Graphene-based battery seeks to eliminate some of the major drawbacks of lithium-ion batteries without much change in the physical form factor. It offers fast charging, the triple lifespan of a normal lithium battery, as well as flexible physical attributes.
Graphene batteries open new doors for innovators as it allows smartphones to be thinner or offer more battery capacity while without changing the physical proportions. No doubt, graphene is considered the ‘wonder material’ of the 21st century.”
https://medium.com/swlh/the-next-generation-of-batteries-dca0d931755b
Their process for making the graphene can be scaled up as large as they like. You can get in at the beginning of the graphene ride. All of the electric vehicles and phones are going to need the graphene batteries. Many other products are going to use graphene too. Nanoxplore just put out news recently of an order from a multi billion dollar company for the graphene
https://money.tmx.com/en/quote/GRA/news/7635994771913635/NanoXplore_Announces_Purchase_Order_From_Martinrea_International_Inc_for_Passenger_Vehicles