Charged EVs | Sylvatex develops waterless cathode manufacturing course of

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Supplies know-how firm Sylvatex (SVX) has developed a brand new manufacturing course of for cathode lively materials (CAM). The proprietary manufacturing course of makes use of no water.

The corporate not too long ago closed a Sequence A funding spherical of $8.4 million by way of investments from Catalus Capital, Amplify Capital and How Ladies Make investments for the commercialization and scaling of its know-how.

“Most course of enhancements scale back working prices however enhance capital prices; nonetheless, this innovation from SVX is exclusive as a result of it reduces each capital prices and working prices concurrently, leading to a considerable discount in battery prices on a $/kWh foundation,” says VP of Catalus Capital Saif Qazi.

“The corporate’s less complicated and extra sustainable method to CAM manufacturing is anticipated to allow a 25-percent discount in CAM price, a 40-percent discount in plant capital necessities and as much as an 80-percent discount in power utilization,” says SVX.

“SVX’s know-how additionally permits flexibility on uncooked materials inputs, equivalent to transition or recycled metallic oxides, which reduces geopolitical and different provide chain dangers whereas reducing the price of the EV battery,” says SVX.

The corporate additionally says it’s collaborating with EV producers and provide chain companions to qualify supplies and proceed scaling its processes.

Supply: Sylvatex by way of Inexperienced Automotive Congress


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