Novonix Expects Mass Production of Anode Material for Panasonic Energy to Start in Second Half of 2027

MT Newswires Live

01/16

Novonix (ASX:NVX) said mass production of anode material for its lead battery material customer, Panasonic Energy, is now expected to start in the second half of 2027, compared with its earlier expectation of mass production this year, according to a Friday Australian bourse filing.

The company entered into a binding off-take agreement with Panasonic for high-performance synthetic graphite anode material in February 2024.

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