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NNO.V -- Breakthrough in EV Battery Longevity

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TSXV:NNO   None
Breakthrough in Battery Longevity with Nano One's Cobalt Free High Voltage Materials

Vancouver, British Columbia--(Newsfile Corp. - October 13, 2020) - Dr. Stephen Campbell, CTO of Nano One Materials (TSXV: NNO) (OTC Pink: NNOMF) (FSE: LBMB) (Nano One), announced that Nano One has developed a breakthrough in longevity for a cobalt free high voltage battery that has been successfully demonstrated at automotive rates of charge and discharge for over 900 cycles. This demonstration battery uses a low cost, cobalt-free Lithium Nickel Manganese (LNM) cathode active material made with Nano One's proprietary one-pot process.

"Our high voltage battery resolves excessive gassing and anode contamination issues that are associated with this configuration when operating at both ambient and elevated temperatures," said Dr. Campbell. "We are able to avoid rapid capacity fade and premature failure and have successfully demonstrated a high voltage lithium ion battery cell with significant cycle life - this is an exceptional outcome. The enabling technology is Nano One's patented LNM cathode material operating up to 4.7 volts and made using our patented One Pot process. The LNM voltage is 25% higher than commercial lithium ion batteries, improving efficiency, thermal management and power."

Nano One's LNM cathode was tested at 25oC in a conventional electrolyte with a graphite anode in a 20-layer 126mAh (0.592 Wh) pouch cell. Ongoing tests are equally encouraging for elevated temperatures. LNM is also known as high voltage spinel (HVS) and is a strong candidate for next generation, solid state batteries where its dimensional stability provides a stable interface with solid electrolytes. Currently, several independent evaluations are underway on Nano One LNM material within the automotive supply chain where the Nano One technology may impart greater and much needed stability.

"Nano One continues to develop processes that make novel cathode materials for the lithium-ion battery future," said Dr. Campbell. "We look forward to bringing materials to market for a wide range of applications through various partnerships."

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