ONED, KOCH MODULAR PARTNER WILL SCALE UP SILICON-GRAPHITE EV ANODE MATERIALS

OneD Battery Sciences and Koch Modular said on Wednesday they have teamed up to build a factory in North America to produce enough silicon-graphite anode material to supply batteries for around 1 million EVs annually. The two companies will announce the location for the factory, which should cost a "few hundred million dollars" in the near future. OneD is one of a number of startups developing silicon anode materials, including GDI, Nexeon, and Sila Nanotechnologies, all touting better EV battery performance than graphite.

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