the silicon anode materials space for the electric vehicle industry.
NEO Battery Materials Ltd. (TSXV: NBM) (OTC: NBMFF) is a Vancouver-based resource company focused on silicon materials for lithium-ion batteries in electric vehicles. The Company is focusing on developing silicon anode materials through unique nanocoating layers.
Silicon-based hybrid anode in the battery industry
NEO's mission is to help accelerate the mass adoption of electric vehicles through low-cost, long-running, and fast-charging silicon anode materials.
Silicon is recognized as the most promising material to increase the energy density and run-time of the lithium-ion battery. The material provides improvements in capacity and efficiency over lithium-ion batteries using graphite in their anode materials.
The Company intends to become a silicon anode active materials supplier to the electric vehicle industry.