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HPQ Silicon Achieves Breakthrough in Li-Ion Battery Technology and $130 Billion Market For Silicon Anodes

Posted by Alavaro Coronel at 9:36 AM on Friday, February 16th, 2024

In electric vehicle (EV) batteries, the anode serves as a critical component, acting as a storage vessel for lithium ions that are then released when the battery is being used to power the car.

Graphite anodes, the current market dominators, have reached their peak energy density. This limitation is prompting a shift toward Silicon-based anodes, which offer up to 10 times the energy density.

Major players like Porsche, Mercedes, and GM are embracing this technology, recognizing its potential to revolutionize EV performance.

But while silicon-based anode materials hold great promise for batteries, they are known to suffer from significant degradation during charging and discharging cycles.

Solving this problem will open up a market for silicon anode materials that could reach $130B by 2033.

ENTER HPQ SILICON INC. (TSX-V: HPQ) (OTCQB: HPQFF) 

HPQ Silicon is a technology company specializing in green engineering for silicon manufacturing. Positioned strategically to become a key supplier for Silicon materials in battery anodes, HPQ Silicon’s efforts align with the US and Canadian governments’ initiatives to establish domestic battery manufacturing ecosystems.

Novacium, HPQ’s France-based affiliate, has acquired patents enhancing anode material performance, particularly in silicon-based Li-ion batteries. With the pressing demand for domestic battery material suppliers, HPQ Silicon’s advancements in engineered SiOx materials position it as a crucial player in meeting the evolving needs of the electric vehicle industry while addressing supply chain vulnerabilities.

FIRST TESTS WITH SIOX MATERIAL BOOST BATTERY PERFORMANCE BY 14%

Preliminary testing of NOVACIUM’s engineered SiOx material demonstrates an outstanding capability to enhance battery performance by over 14% without any noticeable first-cycle degradation.

MILESTONE VALIDATION OF ENGINEERED SIOX MATERIAL

Novacium commissioned an external laboratory to produce 18650 industrial batteries utilizing its proprietary SiOx material. The first batch, serving as benchmarks, displayed a 14% overall improvement in full-battery capacity compared to 100% graphite batteries. This achievement surpasses theoretical estimates, showcasing the immediate industrial potential of Novacium’s SiOx material.

Dr. Jed Kraiem Ph.D., COO of Novacium.

“Charging and discharging cycle tests are ongoing, and preliminary results, after 5 cycles, are not just promising, they exceed our expectations,”

SILICON INTEGRATION SUCCESS: A GAME-CHANGER IN BATTERY MANUFACTURING

The noteworthy aspect is the absence of measurable first-cycle degradation despite the incorporation of silicon, known for its expansion and contraction issues during charging. This breakthrough mitigates capacity loss, signifying the potential application of this technology in battery manufacturing. Novacium and HPQ are pioneering SiOx anode materials, targeting applications in energy storage, consumer electronics, and electric vehicles.

STRATEGIC USE OF 18650 BATTERY MODEL

The selection of the commercial-grade lithium-ion battery model 18650 was strategic, emphasizing its widespread use in consumer electronics and electric vehicle battery packs. With its cylindrical form factor and reputation for durability, high energy density, and efficient power conversion, the 18650 battery is an ideal candidate for showcasing Novacium’s engineered SiOx material.

Mr. Bernard Tourillon, President and CEO of HPQ Silicon Inc. and NOVACIUM SAS.

“Today’s announcement marks a significant milestone, reinforcing our strategic alliance with Novacium. With our exclusive global licences, HPQ is strategically positioned as a reliable and sustainable source of innovatively engineered SiOx battery materials.”

Conclusion: Shaping the Future of Battery Technology

Novacium and HPQ Silicon’s breakthrough not only exceeds expectations but also positions them as leaders in advancing battery technology. As charging and discharging cycle tests continue, the potential implications for electric vehicles and portable electronics are substantial.

Now sit back, relax and watch this powerful interview with Mr. Bernard Tourillon, President and CEO of HPQ Silicon Inc. and NOVACIUM SAS.

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