Echion enters agreement with Taiwanese li

Echion enters agreement with Taiwanese li-ion battery manufacturer GUS Technology.

The world's leading supplier of niobium anodes Echion Technologies (Echion) and Taiwan-based GUS Technology, a specialist in lithium-ion batteries, pouch cells, and energy storage systems (ESS), have entered into a Memorandum of Understanding (MoU) agreement.

The agreement, signed at the inauguration event of GUS Technology's brand-new gigafactory in Taiwan, marks the beginning of deep collaboration between the two companies. The MoU provides GUS with secured availability of Echion's innovative niobium-based anode material, XNO®, and access to Echion's electrochemistry support for cell design.

Ben Ting, Chief Commercial Officer at Echion, celebrated the new partnership, saying:

The official recognition of our relationship is an exciting step on our journey with GUS.

"There is clear mutual benefit in our collaboration which will help us to deliver the industrial battery solutions of the future. Echion benefits from GUS’ experience and reputation for high-quality, fast-charging, and long cycle life lithium-ion cells and products, and GUS benefits from a new, differentiated battery material and our expertise in its use. GUS and Echion share common ground in their desire to quickly deploy high performance batteries globally, and this is a significant step towards that."

The agreement will also allow Echion and GUS to provide early access to battery cells and modules powered by XNO® for a range of original equipment manufacturers (OEMs) and end users.

Dr. C.C. Chang, chairman of GUS Technology said:

We are thrilled to announce our partnership with Echion Technologies, a pioneering innovator in our industry.

"At GUS, we share the same collaborative culture as Echion, making this partnership a perfect fit for unlocking new markets. By combining our cutting-edge battery-cell technology with Echion's highly innovative XNO® anode technology, we are poised to revolutionise the battery sector. This only marks the beginning of a promising and fruitful partnership that we are eager to explore and develop further."

Echion's niobium-based anode material, XNO® delivers lithium-ion battery performance highly suited for industrial, commercial, and high value applications that demand the highest up-time, lowest total cost of ownership and maximum performance.

XNO® enables lithium-ion batteries that can safely charge in less than ten minutes, maintain high energy densities even at low temperatures, and deliver high power across a cycle life of more than 10,000 cycles. Applications powered by XNO® include battery electric and hybrid trains, mining haul trucks, high-demand buses and delivery vehicles as well as applications in motorsport and space.

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Echion enters agreement with Taiwanese li-ion battery manufacturer GUS Technology, May 11, 2023