AM Batteries' Dry Coating Method Listed on TIME Magazine's Best Inventions of 2024

AM Batteries, the leader in dry battery-electrode (DBE) technology, has been recognized in TIME Magazine's list of the Best Inventions of 2024. The company was named under the Manufacturing and Materials category for its Powder to Electrode dry-coating method.

This technology replaces the traditional solvent-based slurry-coating methods used to make electrodes (wet processing). The AM Batteries process sprays dry active material directly onto current collectors to form a battery electrode. This eliminates the need for toxic solvents and energy- intensive dryers used to evaporate the solvents from the finished electrodes.

"It is an honor to be included in this years' TIME Best Inventions of 2024," said Lie Shi, CEO of AM Batteries. "AM Batteries vision has always been to enable cheaper and cleaner batteries. To be included in TIME's list validates the work that our team and partners have done to shape the future of the battery industry."

In March 2024, Time Magazine also recognized AM Batteries as One of America’s Top Greentech Companies 2024.

Since AM Batteries dry battery technology eliminates solvent recovery and electrode drying, it can reduce the energy consumption and carbon footprint of a battery plant by more than 40%. When considering just electrode manufacturing, the savings can reach 75%. Additionally, it reduces CAPEX by up to 40% and OPEX by over 50%. While AM Batteries is optimized for materials currently used in today's battery production, it is also enabling tomorrow's Na-ion and solid-state chemistries.

For this year's list, TIME solicited nominations from its editors and correspondents around the world, and through an online application process, paying special attention to growing fields — such as health care, AI, and green energy. They then evaluated each contender on key factors, including originality, efficacy, ambition, and impact.

The list, compiled annually, features 200 extraordinary innovations from around the world that are helping to change our lives. Categories were: Beauty, Electronics, Apps & Software, Entertainment & Gaming, Home Health, Design, Social Good, Food & Drink, Household, Experimental, Accessibility, AI, Medical Care, and more.

A few others of interest are:

To view the full list, visit TIME Magazine.