With the vast array of major consumer electronics and electric mobility players in APAC, the international expansion positions Group14 as a key global supplier to meet increasing customer demand for high-performing lithium-silicon battery materials.

Group14 will leverage this operating capital to scale production to meet the increasing demand for its flagship product SCC55™, which affords up to 50% more energy density than conventional graphite for lithium-ion batteries.

Group14 and REC Silicon announced the two are partnering to develop a full-scale, co-located commercial production facility at REC Silicon’s Moses Lake plant.

Group14 was selected as a winner of the Department Of Energy’s Energy Storage Grand Challenge and receives $3.96 million to integrate best-in-class synergistic technologies, delivering batteries that will meet the performance objectives for tomorrow’s electric vehicles.

Group14 announced $18 million in new financing from Amperex Technologies Limited (ATL), Showa Denko (SDK), Cabot Corporation, BASF Venture Capital, and OVP Venture Partners.

Group14 — which derives its name from the periodic table column listing both silicon and carbon — will manufacture silicon-carbon anode materials with increased energy capacity compared to currently available materials while maintaining the low cost and high cycle life of graphite.