Current demand for electric vehicles cannot be met by global material supply of for example cobalt and nickel, leading to increased prices and prohibiting a global move to a green economy.
Cheaper, more readily available materials are available, but currently do not meet the performance demands in both the required lifetime as in the battery capacity.
Market size and analysis
The market for lithium-ion raw battery materials is worth approx. 3 Bn Euro at > 140 000 tonne material / year, which will grow to 500 000 tonne material / year in 2025. Main growth is in China, where our technology is patent protected. By 2025 Delft IMP’s coating equipment will be an integral part of battery production megafactories, coating 20 % of all raw battery materials.
After establishing ourselves in the battery market we expect to expand to fuel cell and lighting applications where nanocoatings also provide a strong benefit, unlocking another 8 Bn Euro market.
|First Name||Last Name||Job Title||Impressive Facts|
|Dr. Bart||van Limpt||Company Lead||2nd startup, 10+ years development experience, 8+ patents|
|Prof. Jacob||Moulijn||Strategy||3rd startup, 700+ publications, experienced industry consultant|
|Ir. Aris||Goulas||Project Lead||6+ years experience on technology|
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