BRIEF

on XBM USA LLC

XBM Develops Sustainable EV Battery Cathode Material

Xponential Battery Materials (XBM) has tackled the pressing issue of EV battery raw material shortages. The company has created a sustainable cathode material from industrial waste byproducts. These byproducts, typically seen as environmental hazards, are now repurposed as valuable resources.

The conventional Li-ion EV battery market predominantly depends on materials from China. The high cost and foreign dependency make cathode production a priority for US and EU economic security. XBM's innovation centers on CarbonX, a high-capacity, low-cost lithium-sulfur cathode material derived from petroleum and paper waste.

CarbonX offers double the capacity and a quarter of the cost of current materials, presenting exciting potential for eAviation and consumer electronics. XBM is pursuing production scale-up in the US and discussions with major airlines and electric aircraft developers are underway.

R. P.

Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all XBM USA LLC news