We missed a very important breakthrough for EVs with Novonix's...

We missed a very important breakthrough for EVs with Novonix's new Single Crystale Cathode & DPMG patent, increased Range on a Single Charge....."higher energy density"

So not only does this Patent together with Novonix's other product, their PUREgraphite anode material increase the life of EV and Grid Batteries to 1+ million miles, but also reduces the cost and environmental impact significantly.

So between the PUREgraphite anode Material and the Single Crystal Cathode + DMPG Breakthroughs we have the following breakthroughs for EVs and Grid Storage:

1. Longer life from 300k miles to 1-1.2million miles or 40 yrs in an EV and from 8 Yrs on the Grid (ESS) to 20+yrs.
2. Cheaper batteries by at least 25%
3. Longer Range on a Single Charge from the same size battery, which explains all these EV companies increasing range in their vehicles over the last 3-4 weeks to well over 400-420miles

https://themarketherald.com.au/novonix-asxnvx-patents-single-crystal-cathode-tech-2020-06-09/

Novonix (NVX) has patented a novel single crystal cathode productiontechnique, which opens the door to low-cost, high-performance battery cells.

The company believes thenew system has the potential to significantly outperform traditional systems inboth energy density and product lifetime.

"The single crystal cathode development complements Novonix’s PUREgraphite anode product, both addressing the ultra-long-life battery performance requirements critical to the achieving the million-mile battery life being sought by leading electric vehicle automakers," he said.

This sustainable approach has the knock-on effect of reducing the downstream carbon footprint for electric vehicle manufacturers. This is important in terms of their overall viability and marketing potential as green technology providers.

With the novel techniques and technologies being developed by Novonix, there could be a game-changing step-shift afoot in the EV and ESS markets.