AnteoTech (ASX:ADO) said 890 cycles with 80% capacity retention were achieved for a 70% Silicon Ultranode X technology anode, with 1,070 cycles at 70% capacity also achieved, according to a Friday Australian bourse filing.
Ultranode X seeks to maximize the cycle life for high-energy, high-cycle-life applications such as those required for electric vehicles. It is targeting further improvements to deliver 1,000 cycles at 80% capacity retention.
The firm is working with Mercedes-Benz, and it has gathered an in-depth understanding of anode requirements in the electric vehicle market.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.