US lithium-ion technology firm BioSolar has signed a joint development agreement with Li-ion battery manufacturer Top Battery from South Korea. The two companies plan to integrate their technologies to assess, develop and manufacture lithium products.
This agreement follows BioSolar’s announcement that it had successfully completed the laboratory phase of its silicon alloy nanocomposite anode material development with data suggesting it can achieve higher capacity with lowered costs.
The US company has also recently launched the engineering phase that focuses on designing and testing the electrodes based on its anode material, as well as full cell design and evaluation with commercially available high capacity cathodes.
By joining forces with an experienced manufacturer, the aim is to develop a lithium-ion battery with higher capacity and energy density and bring the new development to market.
Dr Whan Jin Roh, CEO of Top Battery, said: “We are hopeful that BioSolar’s focus on silicon alloy nanocomposite anode material development will yield results that ultimately reduce costs and improve efficiencies, a series of objectives that would immediately be of interest to the global market.”