- It aims to develop technologies capable of increasing the storage capacity, lowering the cost and extending the life of lithium-ion batteries for EV
- BioSolar and its technology partner will develop a new material processing technology to produce Silicon Oxide Composite anode material
BioSolar said that it has commenced its EV battery material processing technology program. The company also said that though it has generally focused on energy storage technology and materials in the past, it is now evolving its technology effort to become a developer of battery technologies for the electric vehicle (EV) market.
The company also said that it will use the knowledge gained from its previous R&D efforts. It aims to develop technologies capable of increasing the storage capacity, lowering the cost and extending the life of lithium-ion batteries for EV.
Dr. David Lee, CEO of BioSolar said, “While we are still experiencing shipping delays for equipment and materials required for the development work due to COVID-19, the preparation work is now under way. Our technology partner has evaluated many suppliers globally, identifying the best and most reliable sources. Orders have been placed to acquire initial set of equipment and material, and we will report on the progress as additional milestones for the project are achieved.”
Produce Silicon Oxide Composite anode material
As the first step, BioSolar and its technology partner will develop a new material processing technology to produce Silicon Oxide Composite anode material. This anode has received interest recently because of its superior cycle and calendar life performance. The company said that it expects that a new processing technology can be developed to produce a type of Silicon Oxide Composite anode material that will significantly lower the cost of lithium-ion batteries for EVs.