Israeli battery technology startup Addionics is opening a pilot manufacturing line for its Smart 3D Electrodes for electric vehicle batteries that improve energy density, power, safety and durability without increasing cost.
The new 1,500-square-meter site, the first of its kind anywhere, will serve as the company’s headquarters in addition to its US, UK, and German locations.
Addionics, a 2022 Bloomberg New Energy Finance Pioneer and 2022 Frost & Sullivan Battery Technology Innovation Leadership awardee, is already working with top global companies to integrate its product in the rapidly growing EV market.
Unlike most companies that operate in the market and focus on improvement while changing the battery’s chemical composition, Addionics focuses on the physical structure of the battery. That makes Smart 3D Electrodes compatible with any battery chemistry.
The company’s AI-based, drop-in technology can be seamlessly integrated into any existing assembly line, allowing battery makers to reduce production costs while increasing manufacturing capacity.
“The launch of our facility is a major milestone in commercializing Addionics’ technology and expanding our supply to our worldwide clients and partners,” said Moshiel Biton, Addionics cofounder and CEO.
“Together with our investors and strategic partners, Addionics is on the path to mass production, which will accelerate the EV revolution and will advance the global effort of decarbonization.”
Biton noted that Addionics’ novel manufacturing process will enable the accelerated transition to 3D electrode architecture using silicon, solid-state and advanced Li-Ion technologies.
Addionics, founded in 2018, has raised $40 million and employs about 50 people in Israel, the US, England and Germany.