Solidion Partners with Giga Solar to Develop 5x More Powerful EV Battery Materials
Partnership with Foxconn backed Giga Solar will accelerate
Leveraging Solidion’s 550+ patent portfolio and advanced R&D capabilities, the collaboration with Giga Solar, and the previously announced partnership with Bluestar Materials Company, will focus on a total solution of high-quality SiOx anode materials. Foxconn, the global electronics manufacturer contracted by Apple among many others, previously invested
These advanced materials offer a fivefold increase in specific capacity compared to traditional graphite anodes, while maintaining safety and stability, a critical step forward for improving the energy density and performance of lithium-ion batteries. Enhanced anode technology like this is vital to extending the durability and range of electric vehicles (EVs), addressing one of the most significant challenges in the EV industry.
The MOU also positions Solidion and Giga Solar, who already have approximately 100 Metric Tons per Annum (MTPA) capacity in
“The agreement highlights Solidion’s commitment to driving innovation in the energy storage sector. By collaborating with Giga Solar, we are accelerating the introduction of advanced silicon-based solutions that not only enhance battery performance but also strengthen our ability to meet the growing market demand,” said Jaymes Winters, CEO of Solidion Technology, Inc. “This partnership is a testament to our dedication to delivering battery solutions that prioritize efficiency, durability, and sustainability.”
Solidion’s partnership with Giga Solar is expected to bring significant benefits, including:
- The industrialization of an optimized production process for SiOx anodes.
- The potential to reduce production costs through innovation and collaboration.
- The establishment of a robust supply chain for SiOx materials in the U.S. market.
- Enhanced opportunities to capture market share in the growing EV and energy storage industries.
For more information, please visit www.solidiontech.com or contact Investor Relations.
About Solidion Technology
Headquartered in
About Giga Solar Materials Corp.
Headquartered in Hsinchu,
About Bluestar Materials Company
Bluestar Materials Inc. is a materials and process design company founded by Professor Chung-Wen Lan at National Taiwan University (NTU), specializing in developing production technologies for next-generation battery materials. The company’s first silicon monoxide (SiO) production facility has been successfully implemented and is currently utilized by Giga Solar. Additionally, innovative and cost-effective technology for amorphous silicon is under development.
Forward-Looking Statements
This earnings release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the current beliefs and expectations of Solidion’s management and are subject to significant risks and uncertainties. Actual results may differ from those set forth in the forward-looking statements. Factors that could cause Solidion’s actual results to differ materially from those described in the forward-looking statements can be found in Solidion’s Annual Report on Form 10-K for the year ended December 31, 2023 and Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2024, which have been filed with the Securities and Exchange Commission and are available on Solidion’s website, and on the Securities and Exchange Commission’s website (www.sec.gov). Solidion does not undertake to update any forward-looking statements.
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