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Factbox-Few suppliers of synthetic graphite for EV batteries

Published 09/12/2023, 06:27 AM
Updated 09/12/2023, 10:31 AM
© Reuters. FILE PHOTO: A sign directing towards electric vehicle charging points is seen in a car park in Manchester, Britain, September 8, 2023. REUTERS/Phil Noble/File Photo

(Reuters) - Although synthetic graphite has been around for more than 100 years, few companies are supplying the material to makers of electric vehicle batteries and battery electrodes.

Here’s a short list of public and private companies engaged in the development and production of synthetic graphite, regarded as higher purity and offering better performance, for EV batteries:

Anovion (USA) * Founded: 2022 * Partners: Forge Nano, American Battery Factory * Operations: USA

BTR New Energy Materials (China) * Founded: 2000 * Investor: Syrah Resources * Partner: CNGR * Operations: China, Indonesia

Kuntian New Energy Technology (China) * Founded: 2018 * Investors: Sinopec (OTC:SHIIY), SK China, A123 Systems, Eve Energy,BTR New Energy Materials, Svolt * Operations: China

Novonix Group (Australia) * Founded: 2012 * Investor: Phillips 66 (NYSE:PSX) * Partners: LG Energy Solution, Kore Power * Operations: Australia, Canada, USA

Resonac Holdings (Japan)

formerly Showa Denko * Founded: 1939 * Operations: Japan

Shanshan Technology (China) * Founded: 1989 * Investors: BYD (SZ:002594), CATL * Partner: BASF * Operations: China

Vianode (Norway) * Founded: 2020 * Investors: Elkem, Norsk Hydro (OTC:NHYDY) * Operations: Norway

Sources: Felixwire, PitchBook

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