NanoXplore Unit to Supply Li-Ion Battery Cells to Commercial Vehicle Maker
Published: Aug. 31, 2023 at 8:14 a.m. ET
By Robb M. Stewart
Canadian graphene powder manufacturer NanoXplore said commercial terms have been agreed for a deal to supply Li-ion battery cells with a commercial vehicle maker.
The Montreal-based company said Thursday the agreement with the undisclosed vehicle company will see battery cells produced at its VoltaXplore subsidiary’s gigafactory…
By Robb M. Stewart
Canadian graphene powder manufacturer NanoXplore said commercial terms have been agreed for a deal to supply Li-ion battery cells with a commercial vehicle maker.
The Montreal-based company said Thursday the agreement with the undisclosed vehicle company will see battery cells produced at its VoltaXplore subsidiary’s gigafactory from 2026.
The agreement covers 1 gigawatt hour per year for a duration of 10 years, following a pricing formula that passes through raw material costs to the customer, NanoXplore said.
At the same time, the company said Nicolas Veilleux has been named director of automation and construction at VoltaXplore. Veilleux worked as the senior manager of cell controls engineering at Tesla before joining VoltaXplore this year.
Write to Robb M. Stewart at robb.stewart@wsj.com
