US-headquartered firms SES Holdings and Entek Membranes have entered into an exclusive supply agreement for separator materials in the development and production of high-energy lithium-metal secondary batteries.
The deal allows SES to reduce supply chain issues while ensuring the cycle life its its lithium-metal batteries.
Yongkyu Son, SES’ cheif technology officer said its was always a concern when you scaling productionwhen bringing a new product to market and the supply agreement with Entek Membranes helpe alliviate those concerns.
Son said: “We are really honored to make this commitment with Entek Membranes. Supply chain disruption is a major consideration for auto makers as they look to put modern technologies in their cars, especially in the compressed timeframes that the market is demanding.”
SES iaims to fully commercialise its next generation hybrid lithium-metal battery technology and plans to build a giga-scale battery production plant at an undisclosed location.
In July, SES announced plans to list on the New York Stock Exchange (NYSE) through a merger with Ivanhoe Capital Acquisition Corp. Upon the closing of the transaction, the combined company will be listed on the NYSE under the new ticker symbol “SES”.