Charged EVs | Sylvatex secures $1.4 million from DOE to develop lithium iron phosphate technology - Charged EVs

Posted November 1, 2024 by Marilyn Burkley & filed under Newswire, The Tech.

US-based battery materials manufacturing technology company Sylvatex (SVX) has received $1.4 million in total project funding from the Department of Energy’s Advanced Research Projects Agency-Energy (ARPA-E).

The original award included $500,000 of funding under the TINA Topic W, or Supporting Entrepreneurial Energy Discoveries (SEED), program. Supplemental funding of $982,000 for an additional two-year project will allow SVX to continue the development of competitive, domestically produced battery-grade LFP materials and support new domestic lithium-ion battery (LIB) manufacturing.

The funding follows a recent Realizing Accelerated Manufacturing and Production for Clean Energy Technologies (RAMP) grant from the California Energy Commission (CEC).

“SVX’s nanomaterial platform has already demonstrated a breakthrough in synthesizing cathode materials for lithium-ion batteries,” said Dr. Halle Cheeseman, Program Director for SVX’s SEED and EVs4ALL programs. “Its ARPA-E project will engage in domestic sourcing and production of LFP materials via low-cost feedstocks with a controlled, continuous approach that will reduce energy consumption, waste and cost.”

Source: Sylvatex

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