<ul><li>Coreshell, a startup, plans to reduce the cost of American-made batteries by using specially coated silicon as a replacement for graphite, which is currently dominated by Chinese companies.</li><li>Coreshell has raised $24 million in a Series A2 round, led by Ferroglobe, its silicon supplier, to further develop and supply its silicon anode technology.</li><li>Coreshell uses cheaper metallurgical grade silicon, stabilizing it with a proprietary coating, to offer enhanced performance and longer lifespan, at a lower cost than graphite anodes for electric vehicle batteries.</li><li>Their ultimate goal is to provide an alternative to Chinese graphite, which flooding the market and dominate the sector, and enable automakers to produce cost-effective, high-performing electric vehicles for the mass market.</li></ul>

Coreshell has a plan to slash the price of American made batteries

Discover more