German battery manufacturer CustomCells and US silicon-carbon battery materials producer Group14 Technologies have signed a multiyear agreement to supply CustomCells with Group14’s SCC55 silicon battery material.
The agreement is expected to exceed $300 million in contract value. It will secure a supply of SCC55 beyond 2030 for use by CustomCells’ planned US battery factory, which will have a capacity of up to 2 GWh per year.
“Group14’s SCC55 opens the doors to the next level of performance,” said Dr. Dirk Abendroth, CEO of CustomCells. “The collaboration secures us access to silicon as an anode material for the next generation of cells and the generation after that. This enables a significantly higher energy density, including increased range, extreme fast charging and reduced battery weight.”
Source: Group14
