Sicona to produce battery anodes in the US

Sicona Battery Technologies has chosen the south-eastern United States near the heart of battery and electric vehicle manufacturing for the development of its first commercial production facilities. By leveraging low cost and abundant silicon metal, Sicona claims its SiCx battery anode materials technology increases the energy density of lithium-ion batteries by 20 percent. Having recently…

Sicona raises $22 million for battery expansion

Sicona Battery Technologies has raised $22 million in Series A funding which will be used to further the company’s development plans both in Australia and the United States. The $22 million investment was led by India’s Himadri Speciality Chemical Ltd, Australian venture capital investor Artesian, and Electrification & Decarbonization AIE LP, a fund managed by…