VFBATTERY REPORT

Chemistry & Cell Components

Pages 115–163 (49 pages)

Battery Report 2023, page 140: Chemistry & Cell Components
Text on page 140

Chemistry & Cell Components

Lithium Metal | Industry Players & Investments

Lithium Metal | Industry Players & Investments

Company

Technology

No. of Employees

No. of Patents

Total Funding ($)

Remarks

QuantumScape

Metal Oxide - Solid State Lithium Metal or Anodeless

Well funded startup with large headcount and patent portfolio, QuantumScape is one of the industry leaders for the field but has been overshadowed recently with lots of promise and no deliveries. It will be interesting to see where QuantumScape is in the next few year as it is the champion of solid state with Li-Metal

Cuberg

Metal Oxide - Liquid Electrolyte - Lithium Metal

Private

Originally a company focused on the development of liquid electrolytes for lithium metal batteries, Cuberg was acquired by Northvolt as a hedge against future battery developments. Northvolt has come out with some excellent 3rd party testing data but that too has been heavily scrutinized for rest times and asymmetrical rates.

Factorial Energy

Metal Oxide - Solid State Lithium Metal or Anodeless

Solid state battery company with a good patent portfolio and a lot of momentum behind it due to recent investments by OEM’s. Till now factorial has has been relatively quiet until it released news of its manufacturing facility. It will be interesting to see the final destination of this company as it challenges the immense hurdles of solid state manufacturing.

SolidEnergy Systems

Metal Oxide - Liquid Electrolyte - Lithium Metal

The low employee and patent count would suggest early stages of development, but the recent UN 38.3 certification is evidence of significant pouch cell development. Nextech is most likely shipping samples but their low patent count may not provide enough of a barrier to entry.

Blue Solutions

Lithium Metal Polymer Batteries

Privately owned by Bollore

Blue Solutions, a Bolloré Group company, is the only manufacturer of all-solid-state batteries commercially available for transportation and stationary applications. They current sells solid-state lithium metal polymer (LMP®) batteries. Lithium metal polymer is not a new technology and has been around, it will be interesting to see where they land in the field of solid state.

Extracted from the PDF; charts and images may read imperfectly.

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