Our Next Energy Inc. (ONE), a Novi-based developer of energy storage technology, and 6K Energy, a producer of sustainable advanced materials for lithium-ion batteries in Massachusetts, are collaborating on how to lower the cost and manufacturing capital required to produce material for batteries.
“ONE is focused on developing the most cost-effective and novel methods for producing its Gemini cathode material using 6K materials and processes,” says Mujeeb Ijaz, founder and CEO of ONE.
“Our focus is on building battery technology from a more sustainable, localized supply chain, thereby sharply reducing battery materials cost. Comparing conventional cathode material processing to 6K’s novel approach gives me confidence that we can have a low-cost cathode material for Gemini.”
ONE recently demonstrated a proof-of-concept battery that powered an electric vehicle 752 miles without recharging. The results were validated by a third party using a vehicle dynamometer where the test vehicle, a Tesla Model S retrofitted with an experimental battery, achieved 882 miles at 55 mph.
“This agreement is significant on many fronts,” says Sam Trinch, group president for 6K Energy. “For us at 6K, ONE’s use of our proprietary cathode material emphasizes our vision and mission of manufacturing battery materials at lower cost in the United States, helping to significantly drive down the overall costs of EVs with sustainably produced materials.”