AM Batteries Receives Investment from Shibaura MachineAM Batteries Receives Investment from Shibaura Machine
Shibaura Machine will work with AM Batteries to develop innovative electrode manufacturing methods.
AM Batteries Inc., a US battery manufacturing start-up developing a new electrode manufacturing process, has received an investment from Shibaura Machine Co., a leading global manufacturer of precision injection molding machines, machine tools, & die casting machines.
While active investment in battery manufacturing facilities is expected to continue against a backdrop of market expansion, there is also increasing demand for cutback in costs and energy consumption in the manufacturing process and reductions in environmental burden, such as the use of organic solvents and CO2 emissions.
AM Batteries is working on the development of dry electrode manufacturing method, known as Powder to Electrode, that does not require the use of organic solvents by using a unique powder coating technology. The company provides battery manufacturers with turnkey, advanced dry electrode equipment that cuts costs, boosts performance, and reduces environmental impact — while building a dry coating ecosystem and educating customers.
Compared to the conventional wet process, dry electrode manufacturing not only simplifies the manufacturing process and reduces CO2 emissions, but also contributes to lower manufacturing costs.
Shibaura Machine has played an important role in the global battery manufacturing equipment market by supplying lithium-ion battery separator film production lines and has decided to invest in AM Batteries, looking ahead to the potential of the dry electrode market as well as all-solid-state batteries. Shibaura Machine will work with AM Batteries to develop innovative electrode manufacturing methods.
“As a leader in dry battery electrode technology, AM Batteries is committed to transforming the way batteries are manufactured. Shibaura Machine's investment and collaboration bring invaluable expertise and resources that will accelerate our ability to scale and provide turn-key solutions to battery manufacturers worldwide. Together, we are setting a new standard for innovation in the energy storage industry”, said Lie Shi, CEO of AM Batteries.
AM Batteries was selected as one of America's Top Greentech Companies in 2024 (TIME) and The Best Inventions of 2024 (TIME).
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