International Battery Company (IBC) and Xponential Battery Materials (XBM) have signed an MoU to jointly develop a sustainable, high-energy density, low-weight, and cost-effective Li-Sulfur (Li-S) Solid-State Battery (SSB), for EV battery markets.
The demand for affordable and sustainable, urban e-mobility battery solutions presents a massive opportunity for new technologies and architectures in the battery industry. This collaboration establishes a development partnership that aims to leverage IBC’s chemistry-agnostic innovation platform with XBM’s unique approach to supplying CarbonX Li-S Active Cathode Material (CAM) material. In addition, XBM will bring related LSB and solid-state cell manufacturing know-how to help IBC accelerate commercial-scale cell production in the US.
Turning Industrial Waste Byproducts into Sustainable Battery Materials – US-based XBM takes abundant waste byproducts from petroleum (sulfur) and paper processing (lignin/tannin) industries to serve as a critical domestic EV battery material supply chain feedstock.
“Our CarbonX Li-S cathode active material is the most sustainable EV lithium-ion battery (“LIB”) cathode material with nearly 2x the specific capacity compared to other LIB cathode materials, at roughly half the cost of competing LSB cathode materials. We are very excited to be working with the team at IBC as they expand their operations in the US.”
Phil Roberts, XBM’s CEO
