Product Roadmap

This roadmap includes the ongoing initiative to develop Volt Carbon's 5Ah 400 Wh/kg battery, which is expected to be prototyped in the upcoming quarter. The project has received support from the DAIR Green Fund, funded by the Government of Canada through the Federal Economic Development Agency for Southern Ontario (FedDev Ontario). Additionally, there are plans in place to develop an all-solid-state battery by 2030. The roadmap encompasses various key technologies currently being pursued in the battery industry, such as the development of high-nickel cathodes like NMC 955, further advancements in lithium-ion phosphate technologies (“LFP”), high-voltage electrolyte development, silicone-infused anode development, and optimization of metal organic framework and ceramic separators.

 

In Q2 2023, the Company upgraded its prototype lab with additional fabrication and cycle test equipment, exclusively dedicated to producing and testing quantities of coin cells. This equipment has been acquired to support the objectives outlined in the technology roadmap. Furthermore, the new equipment will facilitate the development of battery-grade anodes refined from the graphite produced at Volt Carbon's Scarborough plant. This activity is anticipated to take place in Q4 2023.