Nexeon develops and produces materials for better batteries
Nexeon’s technology makes a big difference to the real world performance of battery operated equipment, improving productivity and quality of life
Using silicon in place of carbon in rechargeable Li-ion batteries enables a dramatic improvement in performance
Higher cell energy density enables cost reduction while maintaining or enhancing electric vehicle range
Energy Density by Weight
(Watt hours per gram)
Energy Density by Volume
(Watt hours per litre)
Nexeon and WACKER Renew Strategic Partnership
Nexeon has increased its strategic partnership with globally active chemicals company WACKER Chemie AG. The agreement will see WACKER invest an undisclosed sum in Nexeon and take a 25% stake in the business.
The two companies have worked together intensively in the recent past, and this latest move is clear validation of the technical approach that Nexeon is taking to develop and supply materials into this growing market. WACKER’s expertise will be especially useful as Nexeon achieves increasing customer engagement, and scales to higher manufacturing volumes of its silicon based anode materials.
Innovate UK Funding
Nexeon and its partners have been awarded £7million in Innovate UK funding for a project to develop significantly better materials for Li-ion batteries – an essential step to achieving electric vehicles (EVs) with greater range.
Nexeon leads the silicon material development and scale-up stages of the project, while leading polymer company Synthomer drives the development of a next generation polymer binder optimised to work with silicon, and ensures anode/binder cohesion during a lifetime of charges. Nexeon and University College London (UCL) are jointly leading the work on material characterisation and cell performance.
The project has been funded as part of the Faraday Battery Challenge, which according to Ruth McKernan, Innovate UK Chief Executive: “… draws the very best of the UK’s world-leading research into commercial technologies, and puts UK businesses at the forefront of electric vehicle battery development.”