Nano One signs LFP deal with Our Next Energy

Nano One signs LFP deal with Our Next Energy

Nano One signs LFP deal with Our Next Energy 259 202 Energy Storage Journal

June 15, 2023: Nano One Materials and Our Next Energy have signed a joint development agreement to collaborate on the validation, qualification and production of a North American supply of LFP cathode active materials (CAM), the companies said on June 14.

 The CAM will be produced at Nano One’s Pilot plant in Candiac, Quebec for potential use in cells for Our Next Energy’s Aries and Gemini energy storage system batteries.

Nano One said it is repurposing the Candiac site to use its patented One-Pot process for the pilot production of LFP CAM, with re-commissioning scheduled for the third quarter of 2023.

Dan Blondal, Nano One CEO and founder, said the partners aimed to develop a “robust and economically-resilient LFP battery supply chain that is decoupled and environmentally differentiated from the dominance of the overseas market”.

Our Next Energy started production of its Aries LFP battery pack earlier this year.

The company is also building its first battery cell factory, ONE Circle, which is a 20GWh facility in Michigan that should start operations in 2024.

Nano One announced in February it had completed a key milestone in its cathode materials and techno-economic modelling process with an unnamed global auto manufacturer.