At some stage last year Anteo was tasked with tweaking a Europeans EV's companies silicon anode whilst including AnteoX (this is in addition to Anteo working on its own Ultra High Silicon Anode).
This task was completed with the 7th December 2023 announcement below.We don't know how much silicon was going into this EV's anode but it would be well short of the 70% that is being working on with Anteo's own Ultra anode - and so maybe only 15-20% or ??
We also don't know how they did on the cycle numbers but as the task was completed it would seem it was enough.
This EV company is now evaluating the data (note: thats its been over 3 months) pending a design freeze and then incorporation in their new battery.
So how close is the evaluation to finishing, which if successful would see large volumes of AnteoX produced (probably under licence) and some sort of fee for the anode optimisation??? - Potentially if this comes off a signing might be structured with Anteo receiving sort form of upfront fee.
