Australia Invests $4 Million in Next-Gen Battery Technology
Be Happy investors, knowing Australia has invested in ADO,
Australia is powering ahead in the race to improve energy storage by backing silicon anode technology for lithium-ion batteries. The Australian Renewable Energy Agency (ARENA) has committed nearly $4 million to support the commercialisation of AnteoTech Ltd’s innovative battery solution. The Brisbane-based company will use the funding to advance its technology.
This $11.1 million project aims to bring the silicon anode technology to market over the next three years. It could lower battery costs, improve energy storage capacity, and extend the driving range of electric vehicles (EVs),
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