Amprius Technologies has partnered with a South Korean battery manufacturer to expand its global production footprint and enhance its capacity to deliver high-performance SiCore cells. The partnership adds to Amprius' existing contracted production capacity of over 1.8 GWh. Amprius develops, manufactures, and markets lithium-ion batteries for mobility applications.
Amprius Technologies, Inc. (NYSE: AMPX), a leading manufacturer of high-energy and high-power lithium-ion batteries, has announced a strategic partnership with a South Korean battery manufacturer to expand its global production footprint. This collaboration aims to enhance Amprius' capacity to deliver high-performance SiCore cells, adding to its existing contracted production capacity of over 1.8 GWh [1].
The partnership underscores Amprius' commitment to scaling its operations and meeting the growing demand for its advanced battery technology. The company's SiCore platform offers up to 80% higher energy density than conventional lithium-ion batteries, making it an attractive solution for various mobility applications, including electric vehicles, drones, and high-altitude pseudo satellites [2].
Amprius Technologies, Inc. was founded in 2008 and is headquartered in Fremont, California. The company's corporate headquarters and R&D lab are located in Fremont, where it maintains a MWh scale manufacturing facility for the fabrication of silicon anodes and cells. To serve customer demand, Amprius has secured several agreements to secure over 1.8 GWh of contract manufacturing capacity [3].
The partnership with the South Korean battery manufacturer is expected to further bolster Amprius' position in the global battery market. By expanding its production capabilities, Amprius can better serve its customers and contribute to the broader goal of accelerating electrification and reducing carbon emissions across industries [4].
References:
[1] https://finance.yahoo.com/quote/AMPX/
[2] https://www.stocktitan.net/news/AMPX/amprius-selected-for-amazon-devices-climate-tech-iy74v6baiv43.html
[3] https://www.marketscreener.com/quote/stock/AMPRIUS-TECHNOLOGIES-INC-143837983/news/Amprius-Technologies-Inc-Selects-for-Amazon-Devices-Climate-Tech-Accelerator-50502682/
[4] https://cn.linkedin.com/company/ampriustechnologies
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