Canadian firm Nano One Materials has been awarded up to $1.9 million to develop lithium-ion battery materials production technology.
The investment from Innovation, Science and Economic Development Canada (ISED) will support work at Nano One’s pilot plant.
The cash will go toward the design, construction and operation of the firm’s plant, which is due for completion in early 2017.
All critical components of the pilot are expected to arrive by the end of the year, with some key items already installed.
Nano One plans to use the pilot to showcase its technology and simulate full-scale production of lithium-ion cathode materials.
The company also plans to adapt to market needs and produce a range of cathode materials, including lithium nickel manganese cobalt oxide, high voltage spinel and lithium iron phosphate.
Final pilot assembly will take place in Nano One’s facility, which will house a new laboratory.
The cash is being made available through Automotive Supplier’s Innovation Program (ASIP).
In August, Dan Blondal, Nano One’s CEO announced it had completed its Contribution Agreement with Sustainable Development Technology Canada for a $2.08 million technology commercialisation grant and received an initial instalment of $488,944 for the first phase of the project.
