Low-Cost and More Sustainable Battery Production for Electric Vehicles and Grid Storage Enabled by Sylvatex’s Advanced New Cathode Manufacturing Process
Sylvatex Inc (SVX) secured Series A funding of $8.4 million to reduce costs and accelerate the development of electric vehicle battery manufacturing. Sylvatex reduces the total cost of cathode manufacturing - the most expensive battery component - by over 25 percent while slashing plant capital requirements by greater than 40