Panasonic and Sila sign agreement to bring Sila's titanium silicon to improve battery performance for electric vehicles

21 December 2023

Panasonic Energy Co., Ltd., a Panasonic Group company, and Sila, a next-generation battery materials company, today announced an agreement to commercialize Silas High-performance nanocomposite silicon anode, Titan Silicon TM , known. Panasonic's high energy density battery is designed to enable automakers to deliver unprecedented performance for electric vehicles, dramatically increasing vehicle range and reducing charging times. Sila's anode materials will be optimized for Panasonic's next generation of lithium-ion batteries and will be manufactured at the company's facility in Moses Lake, Washington.

Panasonic Energy is a global leader in automotive battery performance development, innovation and production. In order to meet the rapidly growing demand for electric vehicles, the global production capacity of electric car batteries is to be increased to 200 GWh by 30/31. The company has also announced that it will develop groundbreaking high-performance battery technology and achieve a volumetric energy density of 1000 Wh/L by 30/31. By partnering with Sila to optimize Titan Silicon's proven performance enhancement, Panasonic Energy will be able to take a big step towards its 1000 Wh/L target.

“By combining Sila's breakthrough battery material and our advanced cell manufacturing capabilities, we believe we can address concerns such as fear of short ranges and long charging times and help accelerate EV adoption,” said Shoichiro Watanabe, Executive Vice President of Panasonic Energy.

“As the world's leading battery technology company, Panasonic is aggressively pushing the boundaries of performance, and we look forward to optimizing Titan Silicon to achieve these goals,” said Gene Berdichevsky, co-founder and CEO of Sila. “This partnership represents a significant milestone for Sila, our customers and the entire industry and will be instrumental in accelerating consumer adoption of electric vehicles.”

With the introduction of titanium-silicon in WHOOP 4.0 in 2021, Sila was the first company to bring next-generation anode materials to market. In 2022, the company became the first manufacturer of next-generation battery materials to sign a supply agreement with global automobile manufacturer Mercedes Benz. Now Sila is working with the world's leading cell manufacturer to redefine the range and charging times of electric vehicles.

Silas titanium silicon is the first market-proven graphite anode replacement designed for mass production and high performance. The previous 20% higher range is to be doubled. The charging time of the batteries is also improved using Silas nanocomposite silicon, with the aim of reducing charging time to just ten minutes. Titanium silicon produces significantly less CO2 per kWh than graphite and is made in the United States, allowing automakers to meet Inflation Reduction Act tax credit requirements.

About Panasonic Energy Co., Ltd.

Panasonic Energy Co., Ltd. was founded in April 2022 as part of the Panasonic Group's transition to an operational enterprise system and offers innovative products and solutions based on battery technology worldwide. With its lithium-ion automotive batteries, battery storage systems and dry batteries, the company delivers safe, reliable and convenient energy to many business sectors, from mobility and social infrastructure to medical and consumer products. Panasonic Energy wants to contribute to a happy society with environmental sustainability. Through its business activities, the company addresses social issues while taking a leadership role in environmental initiatives.

About Sila

Founded in 2011, Sila is a next-generation battery materials company dedicated to advancing the world's transition to clean energy. Sila delivered the world's first commercially available silicon anode for lithium-ion batteries in 2021. Sila's materials are already helping to improve battery performance in consumer electronics devices and will also power electric vehicles such as the upcoming version of the Mercedes-Benz G-Class. Committed to America's leadership in clean energy production, Sila develops its technology at its manufacturing facility in Moses Lake, Washington. Key financial investors include 8VC, Bessemer Venture Partners, Canada Pension Plan Investment Board, Coatue, In-Q-Tel, Matrix Partners, Sutter Hill Ventures, and funds and accounts advised by T. Rowe Price Associates, Inc.

Contacts
Yalda Rafie
SutherlandGold for Sila
[email protected]

 

Source:businesswire.com