Highlights:
Nano One successfully completes 2019 cathode development project and enters Memorandum of Understanding (MOU) with a Global Automotive Company.
MOU to focus on low cost, cobalt-free, manganese rich, LNMO batteries enabled by Nano One's patented One-Pot process.
Multi-phase agreement includes performance testing and economic feasibility of cell development for potential electric vehicle integration.
Patented One-Pot process and M2CAM technology enables feedstock flexibility, lower costs, enhanced cycle life and sustainability improvements.
Vancouver, British Columbia--(Newsfile Corp. - September 30, 2021) - Nano One Materials Corp. (TSX: NANO) (OTC Pink: NNOMF) (FSE: LBMB) (Nano One) is a clean technology company with patented processes for the low-cost, low-environmental footprint production of high-performance cathode materials used in lithium-ion batteries. Nano One is pleased to announce that it has completed a project with a global automotive OEM (Original Equipment Manufacturer), that was first announced on June 20, 2019 and the two parties have signed an MOU to evaluate manganese rich cathode materials for potential use in automotive scale battery cells.
The completed project successfully demonstrated the synthesis, performance and improved durability of a proprietary and experimental nickel rich cathode formulation, using Nano One's patented One-Pot process. Nano One has built on this success and has now signed an MOU with the same OEM for the...
Read Full Story: https://finance.yahoo.com/news/nano-one-enters-agreement-global-070500416.html
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