Panasonic Power Companions with NOVONIX for Sustainable Artificial Graphite Provide in EV Battery Manufacturing

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Off-take settlement with NOVONIX advances Panasonic Power’s dedication to carbon footprint discount and resilient provide chain in North American

Osaka, Japan — Panasonic Power Co., Ltd., a Panasonic Group Firm, at present introduced it has signed a binding off-take settlement with the main battery supplies and know-how firm NOVONIX Restricted (“NOVONIX”; Queensland, Australia) for the availability of artificial graphite, the primary element of the anodes of lithium-ion batteries utilized in electrical autos (EVs). In keeping with Panasonic Power’s Medium- to Lengthy-term Technique to strengthen its North America-focused provide chain and cut back its environmental influence, the artificial graphite will likely be utilized by Panasonic Power’s EV battery manufacturing services within the U.S., with shipments scheduled to begin in 2025 from NOVONIX’s facility in Tennessee.

By 2031, Panasonic Power goals to cut back the carbon footprint of the complete lithium-ion battery provide chain for EVs by 50% in comparison with 2022 ranges. The vast majority of emissions come up from useful resource mining, uncooked materials processing, and logistics. Subsequently, along with decreasing the carbon footprint generated throughout battery manufacturing by the carbon neutralization of all factories, Panasonic Power actively addresses environmental influence discount within the upstream provide chain. This settlement will permit Panasonic Power to leverage NOVONIX’s modern environmental know-how and procure 10,000 tons of graphite from NOVONIX’s North American operations over a interval of 4 years, a strategically essential step within the discount of the environmental influence of its provide chain.

There are two varieties of graphite for lithium-ion batteries: pure graphite and artificial graphite. Artificial graphite affords enhanced battery sturdiness, permitting for dependable efficiency throughout repeated charging and discharging cycles. Artificial graphite is historically produced via prolonged high-temperature remedy in an Acheson furnace, lasting 30 days per manufacturing cycle, with temperatures reaching as much as 3,000℃. Nonetheless, this manufacturing methodology poses challenges because of its excessive vitality consumption and ensuing CO2 emissions, and firms are actively growing modern manufacturing strategies to beat these drawbacks.

NOVONIX’s proprietary graphitization furnaces are the primary of its type for large-scale manufacturing, enabling environment friendly mass manufacturing of artificial graphite in simply round three days per cycle. This innovation is predicted to cut back the degrees of CO2 emitted through the manufacturing of artificial graphite in comparison with typical Acheson furnaces. It represents a big contribution in direction of Panasonic Power’s purpose of halving its carbon footprint, and demonstrates the corporate’s dedication to environmental sustainability.

Within the North American market, encompassing the U.S. because the world’s second-largest for brand spanking new automobile gross sales, Panasonic Power goals to facilitate the widespread adoption of EVs by offering high-quality and high-capacity batteries that provide prolonged driving vary. The corporate will leverage its experience and expertise to take the lead within the lithium-ion battery {industry}. Via strategic partnerships, it should speed up its efforts in direction of reaching zero emissions and serving to construct a sustainable society.

About Panasonic Power Co., Ltd.: Panasonic Power Co., Ltd., established in April 2022 as a part of the Panasonic Group’s swap to an working firm system, supplies modern battery technology-based merchandise and options globally. Via its automotive lithium-ion batteries, storage battery methods and dry batteries, the corporate brings protected, dependable, and handy energy to a broad vary of enterprise areas, from mobility and social infrastructure to medical and client merchandise. Panasonic Power is dedicated to contributing to a society that realizes happiness and environmental sustainability, and thru its enterprise actions the Firm goals to deal with societal points whereas taking the lead on environmental initiatives. For extra particulars, please go to https://www.panasonic.com/world/vitality/.

About NOVONIX Restricted: NOVONIX is a number one battery know-how firm revolutionizing the worldwide lithium-ion battery {industry} with modern, sustainable applied sciences, high-performance supplies, and extra environment friendly manufacturing strategies. The corporate manufactures industry-leading battery cell testing gear, is rising its high-performance artificial graphite anode materials manufacturing operations, and has developed an all-dry, zero-waste cathode synthesis course of. Via superior R&D capabilities, proprietary know-how, and strategic partnerships, NOVONIX has gained a outstanding place within the electrical automobile and vitality storage methods battery {industry} and is powering a cleaner vitality future. To be taught extra, go to us at www.novonixgroup.com or on LinkedIn and X.

Courtesy of Panasonic Power Co.