WOODINVILLE, Wash., March 19, 2021 /PRNewswire/ — Group14 Applied sciences, a worldwide supplier of silicon-carbon composite supplies for lithium-ion markets, introduced the corporate’s worldwide enlargement with new workplaces in Yokohama, Japan and Seoul, South Korea. With the huge array of main client electronics and electrical mobility gamers in APAC, the worldwide enlargement positions Group14 as a key world provider to fulfill rising buyer demand for high-performing lithium-silicon battery supplies.
“With Asia’s dominance of the EV battery market, the choice to increase our presence internationally was a straightforward one for the staff,” mentioned Grant Ray, Vice President of Advertising and marketing at Group14 Applied sciences. “This transfer permits us to strengthen the connection with our present APAC prospects and purchase new prospects within the largest and quickest rising markets for client electronics and EVs.”
A number one supplier of anode battery supplies, Group14’s breakthrough lithium-silicon know-how, SCC55™, guarantees to ship dramatically extra vitality density per quantity to fulfill the rising world demand for high-performing lithium-ion-based storage. The corporate is quickly increasing, including almost 20 staff members within the final three months, and is predicted to develop the staff additional as the corporate ramps up manufacturing this yr.
Group14 has a number of footprints in Asia; South Korea’s SK supplies led the corporate’s Sequence B whereas earlier financing was led by world manufacturing leaders together with Amperex Expertise Restricted (ATL), the world’s largest producer of lithium-ion batteries for client electronics headquartered in China, and Showa Denko, the biggest producer of graphite, headquartered in Japan.
“Larger-performing battery efficiency is the important thing to unlocking the electrification of every part from bikes to light-weight vehicles,” mentioned Rick Luebbe, CEO of Group14 Applied sciences. “As soon as we allow cost-parity with inside combustion engines globally, we are going to see speedy acceleration of electrical car adoption within the years to return.”
About Group14 Applied sciences
Based in 2015 to allow the approaching electrification of every part, Group14’s battery supplies breakthrough brings new ranges of vitality efficiency to lithium-ion-powered units and autos. Acknowledged by the Division of Power for its novel, drop-in prepared nanomaterials and dependable industrial-scale course of, Group14 serves the worldwide transition to an all-electric future with efficiency for any use case. Firm traders embrace ATL, BASF, Cabot Company, Showa Denko and SK supplies. Go to us at www.group14.technology.
SOURCE Group14 Applied sciences