Charged EVs | Ingevity invests $60 million in silicon anode specialist Nexeon


Chemical and supplies firm Ingevity has invested $60 million in silicon anode specialist Nexeon. “Ingevity’s funding will allow Nexeon to additional develop its proprietary next-generation silicon anode materials, NSP-2, and facilitate the development of producing services for the commercialization of Nexeon’s revolutionary merchandise,” says Ingevity.

“With an astounding 4 occasions the power density per gram when in comparison with typical graphite anodes, Nexeon’s NSP-2 drop-in expertise will ship elevated automobile vary and quicker charging of lithium-ion EVs,” in accordance with the corporate.

“In reference to its funding, Ingevity and Nexeon have dedicated to a joint growth of future merchandise involving the usage of Ingevity’s activated carbon, and intend to enter right into a long-term provide settlement,” says Ingevity.

Ingevity Chief Development and Innovation Officer Erik Ripple may even characterize Ingevity on Nexeon’s Board of Administrators.

Supply: Ingevity


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