Energy storage technology and materials company, BioSolar has outlined the development strategy for its Silicon Oxide Composite technology programme.
The company is working on meeting industry need for increased storage capacity, extended life and lower cost.
The technology programme is designed to meet the global automotive need for better batteries, as Volkswagen, General Motors and Nissan have all announced plans for new plug-in models, says the company.
Silicon Oxide Composite Anode has generated interest of late, maintains BioSolar, due to what it refers to as “its superior cycle and calendar life performance.”
BioSolar intends to develop a new processing technology to produce a type of Silicon Oxide Composite anode material, which will also lower the cost of lithium-ion batteries for EVs.
BioSolar’s technology programme consists of three critical development stages, including:
- The material design and selection phase that is currently under way
- The optimisation and improvement of the process to produce Silicon Oxide Composite anode material
- The final key stage of achieving product validation with customers, ideally automotive OEMs
The company has faced obstacles and delays, including those experienced by partners and potential customers in evaluating the commercial grade battery prototypes, resulting from the global COVID-19 pandemic.
“While BioSolar has been challenged by this economic business environment, our commitment to our battery technology development remains focused,” said BioSolar CEO, David Lee.
“We are making meaningful progress in our R&D efforts that target the extremely high-growth EV sector. We remain confident and appreciate the contributions of our partners and advisory teams as we to continue to advance our technology.”