- Date 2023-11-20
- First commercial production of sodium manganese oxide (NMO) in Europe
- Optimized for use in stationary energy storage and electric vehicles
- Positioning in the future market of sodium batteries
IBU-tec advanced materials AG (“IBU-tec”) has launched its new product IBUvolt® NMO, a cathode material for batteries of the future. Sodium manganese oxide (NMO) forms the basis for novel sodium-ion batteries that do not require lithium or other rare raw materials. IBU-tec is thus the first manufacturer in Europe to produce and commercially distribute NMO in larger quantities. IBU-tec’s material is primarily designed for use in stationary energy storage systems and smaller electric vehicles, e.g. for inner-city traffic.
Further information: IBU-tec, Corporate News, 11/02/2023
https://www.ibu-tec.com/investor-relations/financial-news/news-article/ibu-tec-advanced-materials-ag-is-the-first-manufacturer-in-europe-to-commercially-produce-layer-oxides-for-sodium-ion-batteries/