HPQ Silicon Projects Annual Capacity of 1.5 Million HPQ ENDURA+ 18650 Cells

Core Viewpoint - HPQ Silicon Inc. and Novacium SAS are advancing the production of third-generation engineered silicon-based anode materials, with plans to scale production significantly to meet the growing demand for high-performance lithium-ion batteries [1][5]. Group 1: Production Capacity and Plans - Novacium's facility in Lyon, France, is set to produce approximately 2 tonnes per year of GEN3 anode material, supporting the manufacturing of up to 1.5 million lithium-ion battery cells annually [2]. - Plans are in place to expand production capacity to 50 tonnes per year, which would enable the manufacture of approximately 40 million battery cells annually [5]. - The company is in discussions with financing partners to support the development of a dedicated pilot plant for GEN3 anode material production [7][8]. Group 2: Market Positioning and Strategy - The GEN3 technology demonstrates commercial readiness, allowing for the production of over a million high-performance battery cells per year [3]. - By leveraging existing large-scale battery production facilities, the company aims to bring advanced cells to market quickly and at competitive costs [3]. - Current market prices for comparable 18650 cells range from US$4.50 to US$8.00, positioning HPQ and Novacium to capture significant value in a growing market [4]. Group 3: Future Outlook - Scaling production to 50 tonnes per year is seen as a critical step towards industrial relevance and meeting the fast-growing demand for high-performance cylindrical lithium-ion batteries [9]. - Successful financing and construction of the dedicated plant will enable the transition to commercial-scale production and long-term revenue generation [8][9].