German battery manufacturer CustomCells and US silicon-carbon battery materials producer Group14 Technologies have signed a multiyear agreement to supply CustomCells with Group14’s SCC55 silicon battery material. The agreement is expected to exceed $300 million in contract value. It will secure a supply of SCC55 beyond 2030 for use by CustomCells’ planned US battery factory, which… Read more »
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Customcells raises 60 million euros for development of electric aviation
German battery maker Customcells has closed a Series A financing round for 60 million euros with investors that include VC World Fund, Abacon Capital, Vsquared Ventures and Porsche. The company plans to use the funds to expand activities in the electrification of air traffic, intensify R&D and further internationalize operations. Customcells, a spin-off of research… Read more »
Dürr to supply Cellforce with specialized electrode coating process
The Dürr Group will supply German battery manufacturer Cellforce Group, a joint venture between Porsche and battery company Customcells, with electrode coating for high-performance battery cells. Dürr says its process for coating electrodes is unique, because the two sides are not coated one after the other, but simultaneously. This accelerates the process, increases precision and… Read more »