NewsFlash / Cobalt & Lithium / GDI Raises $11.5M to Expand Silicon-Based Anode Production Capacity
GDI Raises $11.5M to Expand Silicon-Based Anode Production Capacity
iconMay 26, 2025 09:35
Source:SMM
[GDI, a US silicon-based anode enterprise, to expand capacity construction with an additional $11.5 million raised] On May 20, GDI, a US enterprise specializing in silicon-based anode materials, announced that it had raised an additional $11.5 million to expand its silicon-based anode production. GDI stated that the energy density provided by its silicon-based anode is 30% higher than that of traditional graphite, enabling EVs to be charged in less than 15 minutes. Chief Executive Officer Rob Anstey said that the funds would help the company expand production at its pilot plant in the Netherlands over the next 24 months to begin supplying silicon-based anodes to battery manufacturers. Anstey said that GDI had already signed a joint development agreement with an EV manufacturer, which means its anodes will be used in battery cells for drones and medical devices within the next 24-30 months, and in EVs on the road by 2030.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SMM Events & Webinars

All