NVX 3.08% 63.0¢ novonix limited

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    If they get it right, Zen batteries could be powering bikes, motorcycles tuk tuks, scooters, boats and so on, in cities like Mumbai, Delhi, Manila, Bangkok, Djakarta, Ho Chi Minh City or Cairo.

    Anyone that has been to any of those cities would know that they are choking to death on pollution from the vehicles named above.

    The Zen battery is able to withstand high temperatures, something that lithium batteries are not known for. As it happens, the most populace cities in the world happen to be in the hottest climates.

    Zen claim their batteries last four times longer than regular lithium batteries.

    The market for heat resistant long life batteries would be in the many hundreds of millions.

    That is a market that Zen and Novonix should be in.

    “His goal is to secure acquisition commitments so Zen can move their battery cell prototype into production. When they hit this stage, the company will be able to draw on the expertise of Novonix, another spin-off company that finds its origins in the Jeff Dahn lab.

    Led by PhD alumnus Chris Burns, Novonix is a world-leading developer and supplier of high-performance materials and technologies for the global lithium-ion battery industry. Burns has joined Zen as an advisor and will be an important supporter in helping the company design and manufacture the packs that hold their cells. With collaboration, the company will be able to scale up quickly.

    “We have this amazing opportunity at hand,” said Kempaiah three days before he left for India. “We are going to be talking to original equipment manufacturers to see how we can bring this battery technology from Dalhousie’s Dahn Lab to the Indian market through focused research partnerships. If it goes well, we will be bringing a couple of million dollars in orders our direction.”

    https://www.dal.ca/news/2023/03/13/zen-electric-dalhousie-battery-innovation.html

 
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