VoltaXplore, a 50/50 joint venture between Martinrea International and NanoXplore aimed at commercializing the production of graphene-enhanced lithium-ion batteries for the electric vehicle market, recently announced the commissioning of its one megawatt-hour demonstration facility in Montreal, Quebec.
The facility is producing batteries, which are currently being optimized. The company expects graphene-enhanced batteries will have several advantages over existing products in the market today, such as greater capacity, increased battery life, faster charging speeds, and improved safety. Tests aimed at validating these benefits are ongoing, with reportedly encouraging results to date.
I am delighted we joined a small group of companies in North America that are producing Li-ion batteries, said Soroush Nazarpour, President and CEO of VoltaXplore and NanoXplore. Our focus is to integrate the supply chain of batteries in North America, which is of great interest to customers of batteries. Now that the facility is commissioned on-time and on-budget with satisfactory battery performance results, we are moving forward on optimizing our battery design for the electric vehicle market through testing with customers.