Epsilon Advanced Materials joins hands with US C4V | Commercial

2021-11-22 08:35:08 By : Mr. John Zhu

Diversified battery anode materials company and Epsilon Advanced Materials (EAMPL), a subsidiary of Epsilon Carbon, said on Monday that it has cooperated with US technology provider C4V to strengthen the latter's domestic supply chain. According to a press release, according to the Memorandum of Understanding (MoU), the cooperation between the two companies aims to use the synergy of the two companies' innovative product designs to improve the performance and safety of lithium-ion batteries. EAMPL has signed a preliminary agreement with Charge CCCV LLC (C4V) to develop and verify the large-scale supply of synthetic anode materials to support C4V's domestic supply chain vision of establishing a super factory in India. This memorandum of understanding will enable C4V to obtain an additional Indian anode material partner with appropriate technology, performance and production capabilities to support their upcoming application for the Indian government's PLI-ACC program. As part of the agreement, Epsilon and C4V will jointly develop tailor-made high-end synthetic anode materials suitable for C4V lithium-ion batteries and gigabit production line applications. According to the news released, this cooperation aims to reach a long-term volume supply agreement for battery materials for C4V batteries, which is aimed at important growth markets in India, including automotive and industrial applications. "Our goal is to lead the global electric vehicle market for various industrial and automotive applications by combining our raw material technology with C4V's innovative battery manufacturing technology. This partnership will give us the opportunity to develop anodes for global supply in India. Material supply ecosystem," said Vikram Handa, managing director of Epsilon Advanced Materials. He said that this move will not only support India's vision for Aatmanirbhar Bharat, but will also make the country a battery material manufacturing center on the global map. ''This memorandum of understanding is part of the C4V acceleration plan as it fulfills its role as a supplier of future battery technology to provide services to its partners in India. At EAMPL, we have found a partner who shares the values ​​of sustainable development with us, and we look forward to an exciting future,” said Kuldeep Gupta, Vice President of C4V Strategic Alliance, headquartered in India. Epsilon Advanced Materials was established in 2018. Marking its entry into the field of lithium-ion batteries, the company currently has 2500 tons/year of positive electrode precursor materials (EMC series) and coke powder pilot test facilities (EMP series) and graphite anodes (EMG series). It has ambitious plans To increase its production capacity and become a mature anode manufacturer in the global LIB supply chain.

(This story has not been edited by Devdiscourse staff, it was automatically generated from the joint feed.)

Email: info@devdiscourse.com Phone: 91-130-6444012, 91-7027739813, 14, 15