GROUP14 TECHNOLOGY

March 19, 2021

Group14 Technologies Accelerates Expansion to International Battery Markets with New Offices in Japan and Korea

Group14 Technologies Accelerates Expansion to International Battery Markets with New Offices in Japan and Korea

Woodinville, Wash., March 19, 2021 01:00 ET – Group14 Technologies, a global provider of silicon-carbon composite materials for lithium-ion markets, announced the company's international expansion with new offices in Yokohama, Japan and Seoul, South Korea. With the vast array of major consumer electronics and electric mobility players in APAC, the international expansion positions Group14 as a key global supplier to meet increasing customer demand for high-performing lithium-silicon battery materials.

“With Asia’s dominance of the EV battery market, the decision to expand our presence internationally was an easy one for the team,” said Grant Ray, Vice President of Marketing at Group14 Technologies. “This move allows us to strengthen the relationship with our existing APAC customers and acquire new customers in the largest and fastest growing markets for consumer electronics and EVs.”

A leading provider of anode battery materials, Group14’s breakthrough lithium-silicon technology, SCC55™, promises to deliver dramatically more energy density per volume to meet the increasing global demand for high-performing lithium-ion-based storage. The company is rapidly expanding, adding nearly 20 team members in the last three months, and is expected to grow the team further as the company ramps up production this year.

Group14 has several footprints in Asia; South Korea's SK materials led the company's Series B while earlier financing was led by global manufacturing leaders including Amperex Technology Limited (ATL), the world's largest producer of lithium-ion batteries for consumer electronics headquartered in China, and Showa Denko, the largest producer of graphite, headquartered in Japan.

“Higher-performing battery performance is the key to unlocking the electrification of everything from motorcycles to lightweight trucks,” said Rick Luebbe, CEO of Group14 Technologies. “Once we enable cost-parity with internal combustion engines globally, we will see rapid acceleration of electric vehicle adoption in the years to come.”

About Group14 Technologies

Founded in 2015 to enable the coming electrification of everything, Group14's battery materials breakthrough brings new levels of energy performance to lithium-ion-powered devices and vehicles. Recognized by the Department of Energy for its novel, drop-in ready nanomaterials and reliable industrial-scale process, Group14 serves the global transition to an all-electric future with performance for any use case. Company investors include ATL, BASF, Cabot Corporation, Showa Denko and SK materials.

Woodinville, Wash., March 19, 2021 01:00 ET – Group14 Technologies, a global provider of silicon-carbon composite materials for lithium-ion markets, announced the company's international expansion with new offices in Yokohama, Japan and Seoul, South Korea. With the vast array of major consumer electronics and electric mobility players in APAC, the international expansion positions Group14 as a key global supplier to meet increasing customer demand for high-performing lithium-silicon battery materials.

“With Asia’s dominance of the EV battery market, the decision to expand our presence internationally was an easy one for the team,” said Grant Ray, Vice President of Marketing at Group14 Technologies. “This move allows us to strengthen the relationship with our existing APAC customers and acquire new customers in the largest and fastest growing markets for consumer electronics and EVs.”

A leading provider of anode battery materials, Group14’s breakthrough lithium-silicon technology, SCC55™, promises to deliver dramatically more energy density per volume to meet the increasing global demand for high-performing lithium-ion-based storage. The company is rapidly expanding, adding nearly 20 team members in the last three months, and is expected to grow the team further as the company ramps up production this year.

Group14 has several footprints in Asia; South Korea's SK materials led the company's Series B while earlier financing was led by global manufacturing leaders including Amperex Technology Limited (ATL), the world's largest producer of lithium-ion batteries for consumer electronics headquartered in China, and Showa Denko, the largest producer of graphite, headquartered in Japan.

“Higher-performing battery performance is the key to unlocking the electrification of everything from motorcycles to lightweight trucks,” said Rick Luebbe, CEO of Group14 Technologies. “Once we enable cost-parity with internal combustion engines globally, we will see rapid acceleration of electric vehicle adoption in the years to come.”

About Group14 Technologies

Founded in 2015 to enable the coming electrification of everything, Group14's battery materials breakthrough brings new levels of energy performance to lithium-ion-powered devices and vehicles. Recognized by the Department of Energy for its novel, drop-in ready nanomaterials and reliable industrial-scale process, Group14 serves the global transition to an all-electric future with performance for any use case. Company investors include ATL, BASF, Cabot Corporation, Showa Denko and SK materials.

Related Posts

December 21, 2020

Group14 Technologies Secures $17 Million Series B to Scale Production of Lithium-Silicon Battery Technology

Led by South Korea's SK materials, the investment highlights growing global demand for high-performance, sustainably-sourced battery materials. Group14 will leverage this operating capital to scale production to meet the increasing demand for its flagship product SCC55™, which affords up to 50% more energy density than conventional graphite for lithium-ion batteries.

Led by South Korea's SK materials, the investment highlights growing global demand for high-performance, sustainably-sourced battery materials. Group14 will leverage this operating capital to scale production to meet the increasing demand for its flagship product SCC55™, which affords up to 50% more energy density than conventional graphite for lithium-ion batteries.

October 13, 2020

Group14 and REC Silicon Announce U.S. Anode Factory to Meet Demand for the ‘Electrification of Everything’

Washington plant marks the rise of the Pacific Northwest as a lithium-ion supply chain hub. The large-scale commercial facility will be the first and largest silicon-carbon anode material plant globally that will enable lithium-silicon batteries and accelerate the electrification of everything. The facility will be powered by clean hydro-electric power and has been designed to be carbon-neutral.

Washington plant marks the rise of the Pacific Northwest as a lithium-ion supply chain hub. The large-scale commercial facility will be the first and largest silicon-carbon anode material plant globally that will enable lithium-silicon batteries and accelerate the electrification of everything. The facility will be powered by clean hydro-electric power and has been designed to be carbon-neutral.

September 01, 2020

DOE Selects Group14 in Energy Storage Grand Challenge to Crack Commercial Hurdles for Lithium-Ion Future

Materials technology breakthrough, Scaffold Prime™, enables 30-50% density increase with silicon-carbon, tunable battery materials for the electrification of everything megatrend. Group14 leading $5 million project to integrate best-in-class synergistic technologies to achieve a revolution in lithium-ion battery performance. Initial markets include electric vehicles, consumer electronics, medical devices and aerospace.

Materials technology breakthrough, Scaffold Prime™, enables 30-50% density increase with silicon-carbon, tunable battery materials for the electrification of everything megatrend. Group14 leading $5 million project to integrate best-in-class synergistic technologies to achieve a revolution in lithium-ion battery performance. Initial markets include electric vehicles, consumer electronics, medical devices and aerospace.

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