NGen invests $29.7 million in five new Canadian EV manufacturing projects  – Charged EVs

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NGen invests .7 million in five new Canadian EV manufacturing projects  – Charged EVs


Manufacturing innovation cluster Next Generation Manufacturing Canada (NGen) is investing C$40 million ($29.7 million) in five new advanced manufacturing projects involving 10 companies under its Electric Vehicle Manufacturing Value Chain Program.

One of the pairs is battery materials developer Nano One Materials and professional services company Worley Chemetics, which will receive C$2.8 million.

Nano One is developing the process to produce more streamlined, less expensive and less energy-intensive cathode active materials (CAM) for lithium-ion batteries. Nano One and Worley Chemetics plan to use the NGen funding to advance their strategic alliance announced in May 2024 to develop, market and sell CAM facility packages. The two companies plan to produce equipment—tanks, reactors, furnaces and kilns—for Nano One’s One-Pot cathode technology process at Worley’s alloy fabrication shop in Pickering, Ontario.

The process engineering design package will include intellectual property rights, flow sheets, detailed engineering, the operational know-how and proprietary equipment including reactors and kiln components that will be supported by NGen.

Chemetics will support Nano One in identifying the best materials and fabrication methods for the equipment required, as well as engineering and delivering the technology.

“NGen backing Worley Chemetics’ collaboration with Nano One will accelerate the commercial trajectory of the One-Pot process,” said Laura Leonard, Worley’s Group President of Technology Solutions. “The fastest path to net zero is to standardize or as we are doing with Nano One, design one, build many.”

Source: Nano One



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