Group14 Technologies, a developer of silicon-carbon composite materials as an alternative to the graphite used in lithium-ion batteries, has begun shipping its SCC55 material from a 10-gigawatt-hour joint venture (JV) plant in Sangju, South Korea.
The company has completed shipments to more than 100 EV and consumer electronics (CE) battery manufacturing customers worldwide. The JV factory, deployed in partnership with SK Inc, has an initial annual capacity of 2,000 tons of SCC55 to power approximately 100,000 to 250,000 EVs annually.
The first shipments of SCC55 were delivered to battery manufacturers responsible for supplying over 95% of the world's battery production, as well as to leading automakers and CE companies. The material is planned to reach the market in 2025. It is designed to enhance battery performance by improving energy density and extremely fast-charging capabilities.
Analyst QuickTake: Commercial shipments of SCC55 from the company’s BAM-1 plant in North America and the JV factory in Asia establish the company as the first and only advanced silicon battery materials manufacturer to offer dual sourcing, a critical requirement for automotive industry suppliers. Moreover, Group14’s BAM-2 plant in Moses Lake, Washington, is expected to add an additional 4,000 tons of capacity in 2025, bringing the total annual capacity for SCC55 material to over 30 gigawatt hours.
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