US-based manufacturer Group14 Technologies has closed its $463-million Series D funding round to continue scaling the manufacture of its silicon battery material, SCC55, in the US and South Korea. The round was led by South Korean battery materials firm SK, and included other existing investors such as Porsche Investments, ATL, OMERS, Decarbonization Partners, Lightrock Climate… Read more »
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Group14 sets silicon battery performance benchmark
US-based silicon battery anode material producer Group14 Technologies has announced a key performance benchmark for its SCC55 material—enabling silicon battery manufacturers to consistently achieve over 1,500 charge cycles, in some cases more than 3,000 cycles, across a range of applications. The goal of the silicon battery industry has long been to meet 1,000 charge cycles,… Read more »
BASF and Group14 collaborate on silicon anode battery durable at extreme temperatures
German chemical manufacturer BASF and US silicon battery materials manufacturer Group14 Technologies have collaborated on a market-ready silicon battery solution using commercially available materials: BASF’s Licity 2698 X F binder and Group14’s silicon battery material, SCC55. BASF and Group14 claim they have developed a drop-in-ready solution that enhances the performance of batteries with silicon-dominant anodes,… Read more »
Group14 delivers silicon battery material to 100 customers from South Korean JV factory
US-based silicon battery materials manufacturer Group14 Technologies has completed shipments of its SCC55 material to more than 100 EV and consumer electronics battery manufacturing customers worldwide from its joint venture (JV) factory in Sangju, South Korea. The facility, designed and built using Group14’s modular manufacturing technology, started producing SCC55 material in August. The factory has… Read more »
Group14 receives $200-million DOE grant to build US silane plant for silicon-based battery materials
US-based silicon battery materials manufacturer Group14 Technologies has received a $200-million grant from the US Department of Energy (DOE) through the Office of Manufacturing and Energy Supply Chains to build a silane plant in the US to diversify and strengthen the US battery supply chain. Silane is a key component in the materials for lithium-ion… Read more »
Group14 and CustomCells sign supply agreement for advanced silicon battery material
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 »
Group14 signs offtake deals with 3 EV manufacturers for silicon battery materials
US-based silicon battery materials supplier Group14 Technologies has signed offtake agreements totaling at least $300 million with three EV and two consumer electronic battery cell manufacturers across Europe, Asia and North America. Group14’s customers deliver batteries to various industries, including automotive, consumer electronics and electric vertical take-off and landing (eVTOL). The company’s silicon-carbon anode material,… Read more »
Group14 begins construction of second US silicon battery materials factory
Battery manufacturer Group14 Technologies has begun the construction of its second commercial-scale Battery Active Materials (BAM-2) factory in Moses Lake, Washington. The 1 million-square-foot campus will manufacture commercial quantities of SCC55, together with the BAM-1 factory in Woodinville, Washington. SCC55 is a stable silicon-carbon composite anode with five times the capacity of graphite, which affords… Read more »
Group14 Technologies raises $214 million for development of silicon battery tech
Group14 Technologies, a global manufacturer and supplier of silicon battery tech, has raised $214 million in additional financing from a consortium that includes Microsoft’s Climate Innovation Fund, Lightrock Climate Impact Fund, Moore Strategic Ventures, Oman Investment Authority and Molicel, bringing the company’s Series C round total to $614 million. Group14 launched its first Battery Active… Read more »
Group14 raises $400 million for silicon-carbon battery materials factory in US
Silicon-carbon battery tech supplier Group14 Technologies has raised $400 million in Series C funding, which it plans to use to open its second battery active materials factory in the US. The plant will produce the company’s proprietary SCC55 lithium-silicon battery material for Porsche subsidiary Cellforce Group, which will use it to begin producing battery cells… Read more »