UK’s Nexeon to supply Panasonic with key components

The use of silicon-rich anodes will enable Panasonic battery cells to store more energy and charge quicker, the companies said. — Reuters

LONDON: UK battery startup Nexeon will supply high-energy silicon anode material to Panasonic’s newest American plant starting in 2025, the companies say.

The use of silicon-rich anodes will enable Panasonic battery cells to store more energy and charge quicker, the companies said. The greater energy density also gives Panasonic the option of making smaller, lighter packs with a similar range to current battery cells.