• Sila Nanotechnology, a developer of silicon anodes material for EV batteries, has partnered with Mercedes-Benz to incorporate its battery chemistry in the upcoming electric G-Class vehicles.

• Sila’s technology enables a 20%–40% increase in energy density, reaching more than 800 Wh/l at the cell level. The silicon anode materials will be manufactured at Sila’s new factory in Washington state. 

• The two companies are targeting mid-decade for the first electric G-Classes to be equipped with the new battery technology.

• Mercedes-Benz first invested in Sila in 2019 as part of the company’s research and development on advanced batteries.

<ul><li> Analyst QuickTake: Earlier this month, Sila announced the purchase of a 600,000+ sq ft facility in Moses Lake, Washington to manufacture its breakthrough silicon-based anode materials. Initially, Sila expected to deliver anode material sufficient to power 100,000–500,000 EVs and 500 million mobile phones annually. Production at the facility was expected to commence in 2H 2024 to reach full production by 1H 2025. Mercedes-Benz is the factory’s first publicly announced automotive customer.</ul>