Gelion – Material Transfer Agreement with a Global Automotive OEM
By Google News Motors ·
Gelion – Material Transfer Agreement with a Global Automotive OEM
Gelion has entered into a Material Transfer Agreement (“MTA”) with a top 15 global automotive original equipment manufacturer entered into a Material Transfer Agreement (“MTA”) with a top 15 global automotive original equipment manufacturer (OEM Partner) to assess the applicability of Gelion’s NES™ cathode platform across a range of future electric vehicle (EV) battery technologies.
Under the agreement, Gelion will supply its sulfur-based cathode active material, coated cathodes and liquid electrolyte to the OEM Partner for evaluation in both liquid and solid electrolyte configurations including pathways relevant to lithium metal and graphitic anodes for both luxury and mass-market EV applications.
The MTA materially increases the penetration of Gelion’s technology in EV applications across the full spectrum of lithium-sulfur battery configurations, including lithium metal and graphitic anodes in both liquid and solid electrolyte systems.
Our priority markets are commercial & defense drones, EVs and devices.
”We are honoured to be working with these major global automotive OEMs, and today’s announcement marks further progress towards the adoption of our technology and the generation of commercial revenues via funded programmes and eventually license and royalty revenue in the global EV market, alongside some of the industry’s leading companies.
The growing engagement from global EV manufacturers reinforces the potential and attractiveness of our NES™ technology. This momentum is also mirrored in our agreements and partnerships across drones and devices, while our work with Tier 1 materials suppliers is advancing the scale-up of our unique, patented battery materials.”
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Gelion – Material Transfer Agreement with a Global Automotive OEM, source
Originally published by Google News Motors
