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Sunday, April 18, 2021

Electric Vehicle EV Lithium-Ion Batteries; the Rise of Nano One Materials Corp (CVE: NNO) (OTCMKTS: NNOMF)

Nano One Materials Corp (CVE: NNO) (OTCMKTS: NNOMF) is making a powerful run up the charts as it’s Lithium Nickel Manganese (LNM) battery systems gain serious traction and positions the Company’s patented technology as the leading platform for the global production of a new generation of battery materials. Nano One’s LNM cathode is a leading candidate for next generation lithium-ion and solid-state batteries because its durability and dimensional stability enable a stable interface with both liquid and solid electrolytes.

Nano one just added another major global EV leader to its pipeline and is well positioned to become a leader in the space. Nano One has developed processes, materials and now a battery innovation to enable its novel cathode materials for the future of lithium-ion batteries. The Company’s pilot and partnership activities are being funded with the assistance and support of the Government of Canada through Sustainable Development Technology Canada (SDTC), the Automotive Supplier Innovation Program (ASIP) a program of Innovation, Science and Economic Development Canada (ISED), and the Province of British Columbia through the Ministry of Energy, Mines and Petroleum Resources.

Nano One Materials Corp (CVE: NNO) (OTCMKTS: NNOMF) has developed patented technology for the low-cost production of high-performance lithium ion battery cathode materials used in electric vehicles, energy storage and consumer electronics. The processing technology enables lower cost feedstocks, simplifies production, and advances performance for a wide range of cathode materials. Nano One has built a demonstration pilot plant and is partnered with global leaders in the lithium ion battery supply chain to advance its lithium iron phosphate (LFP), lithium nickel manganese cobalt oxide (NMC) and lithium nickel manganese oxide (LNM) cathode technologies for large growth opportunities in e-mobility and renewable energy storage applications.

Nano One’s pilot and partnership activities are being funded with the assistance and support of the Government of Canada through Sustainable Development Technology Canada (SDTC), the Automotive Supplier Innovation Program (ASIP) a program of Innovation, Science and Economic Development Canada (ISED), and the Province of British Columbia through the Ministry of Energy, Mines and Petroleum Resources. Nano One’s mission is to establish its patented technology as a leading platform for the global production of a new generation of battery materials.

The Company has made great progress on the longevity and stability of it’s Lithium Nickel Manganese (LNM) battery system having achieved over 500 fast charge and discharge cycles at 45°C, in an innovative battery design that pairs its high-voltage LNM cathode with a conventional electrolyte and a graphite anode. Nano one has reached 1000 fast charge and discharge cycles at 25°C demonstrating that issues of excessive gassing, anode contamination and poor cycling may be overcome. Nano One’s proprietary LNM battery enables the benefits of increased voltage, elevated operating temperatures and fast charging, by eliminating failure from gassing in the first few cycles and failure from manganese contamination of the anode in the first 100 cycles.

Nano One’s LNM battery innovation breaks through the barriers that have hindered the commercialization of LNM cathode materials in both conventional liquid and advanced solid-state batteries. LNM, also known as high voltage spinel (HVS), is a cobalt-free, low-cost cathode material that operates at 4.7 volts. This voltage is 25% higher than commercial high nickel cathodes, providing improved efficiency, thermal management and power. Battery pack models suggest that LNM cathodes may reduce costs by over 30% as compared to high nickel NMC materials. Inspired by ESG (Environmental, Social, and Governance) concerns, the Nano One patented One Pot process combines sulfate-free feedstocks with lithium carbonate, additives and coating materials in a single reaction to, ultimately, form coated single crystal cathode materials with enhanced durability. This process further improves LNM economics and environmental sustainability by eliminating cobalt feedstock and sulfate waste and by reducing energy and water consumption.

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Nano One’s LNM cathode is a leading candidate for next generation lithium-ion and solid-state batteries because its durability and dimensional stability enable a stable interface with both liquid and solid electrolytes. Several independent evaluations are currently underway within the automotive and battery supply chain demanding lower cost, higher voltage and improved safety without compromising longevity and performance. Nano One has developed processes, materials and now a battery innovation to enable its novel cathode materials for the future of lithium-ion batteries.

On December 18 Nano One announced it has entered into a cathode evaluation and benchmark agreement with an American based multinational auto manufacturer to jointly evaluate Nano One’s cathode materials for automotive lithium ion batteries. Financial compensation towards the project is confidential. Nano One’s One-Pot process forms durable single crystal cathode powders and protective coatings simultaneously, directly from sulfate-free metal salts and lithium carbonate. It is an environmentally inspired process using limited water and produces no waste stream. The process eliminates intermediate products, additional coating steps and the costly requirements for metal-sulfates and lithium hydroxide feedstocks. This aligns Nano One with the sustainability and cost objectives of automotive companies, investment communities and governmental infrastructure initiatives.

“The goal of this project is to evaluate the performance and commercial benefit of Nano One’s patented One-Pot process for nickel rich and cobalt free cathode materials in electric vehicle applications,” said Ms. Hamutal Ben Bassat, VP of Business Development for Nano One. “This agreement formalizes efforts that began earlier this year and aligns Nano One with its second major automotive company. These are formative steps in developing a long term relationship. We are confident that given economic viability it will lead to commercial opportunities and strategies to integrate Nano One’s technologies into the electric vehicle value chain.”

 

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Nano One  is making a powerful run up the charts as it’s Lithium Nickel Manganese (LNM) battery systems gain serious traction and positions the Company’s patented technology as the leading platform for the global production of a new generation of battery materials. Nano One’s LNM cathode is a leading candidate for next generation lithium-ion and solid-state batteries because its durability and dimensional stability enable a stable interface with both liquid and solid electrolytes. Nano one just added another major global EV leader to its pipeline and is well positioned to become a leader in the space. Nano One has developed processes, materials and now a battery innovation to enable its novel cathode materials for the future of lithium-ion batteries. The Company’s pilot and partnership activities are being funded with the assistance and support of the Government of Canada through Sustainable Development Technology Canada (SDTC), the Automotive Supplier Innovation Program (ASIP) a program of Innovation, Science and Economic Development Canada (ISED), and the Province of British Columbia through the Ministry of Energy, Mines and Petroleum Resources. We will be updating on Nano One when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with Nano One.

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Disclosure: we hold no position in Nano One either long or short and we have not been compensated for this article.

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