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Factbox-Few suppliers of synthetic graphite for EV batteries

2023-09-12 18:53
Although synthetic graphite has been around for more than 100 years, few companies are supplying the material to
Factbox-Few suppliers of synthetic graphite for EV batteries

Although synthetic graphite has been around for more than 100 years, few companies are supplying the material to makers of electric vehicle batteries and battery electrodes.

Here’s a short list of public and private companies engaged in the development and production of synthetic graphite, regarded as higher purity and offering better performance, for EV batteries:

Anovion (USA)

* Founded: 2022 * Partners: Forge Nano, American Battery Factory * Operations: USA

BTR New Energy Materials (China)

* Founded: 2000 * Investor: Syrah Resources * Partner: CNGR * Operations: China, Indonesia

Kuntian New Energy Technology (China)

* Founded: 2018 * Investors: Sinopec, SK China, A123 Systems, Eve Energy,BTR New Energy Materials, Svolt * Operations: China

Novonix Group (Australia)

* Founded: 2012 * Investor: Phillips 66 * Partners: LG Energy Solution, Kore Power * Operations: Australia, Canada, USA

Resonac Holdings (Japan)

formerly Showa Denko

* Founded: 1939 * Operations: Japan

Shanshan Technology (China)

* Founded: 1989 * Investors: BYD, CATL * Partner: BASF * Operations: China

Vianode (Norway)

* Founded: 2020 * Investors: Elkem, Norsk Hydro * Operations: Norway

Sources: Felixwire, PitchBook

(Reporting by Paul Lienert in Detroit; Editing by Timothy Gardner)