Draft:Group14 Technologies

  • Comment: You are welcome to rewrite the article, but do not remove the AfC history as you did here. Bobby Cohn (talk) 19:48, 6 August 2024 (UTC)
  • Comment: Hard to escape the impression that this is a promotional piece; actual notability is difficult to assess in part because of incomplete citations, and many of the citations (bare URLs) being company links. Drmies (talk) 23:40, 4 June 2024 (UTC)
  • Comment: Thanks for your submission! I am declining this for now as the draft relies too heavily on primary sources and does not establish the subject's notability. Please click on the links above for more information, and change the sourcing to use more reliable sources instead. A couple of the links currently in § External links could be good resources. Let me know if you have any questions! (please Reply to icon mention me on reply; thanks!) TechnoSquirrel69 (sigh) 22:04, 4 June 2024 (UTC)

Group14 Technologies is an American manufacturer and supplier of advanced silicon battery technology for rechargeable lithium-silicon batteries.[1] Headquartered in Woodinville, Washington, Group14 operates one commercial factory in Woodinville, Washington, and is building a second commercial factory in Moses Lake, Washington. [2] [3] [4] Group14 is partnering with SK, Inc. to build a joint venture factory in Sangju, South Korea, which is in the final stages of commissioning and is expected to be completed in 2024. [4] [5] [6] Group14 acquired Schmid Silicon Group and plans to restart a silane facility in Spreetal, Germany, in 2025. [7]

Group14 currently delivers its silicon battery technology, SCC55™, to a list of customers that include Porsche for electric vehicle batteries and Amperex Technology Limited (ATL) for smartphones.[8] [9] [10] [11]

Group14 announced that it expects to have 30 GWh of production capacity from 2024-2025, and will become the world's first mass producer of advanced silicon materials for EV programs. [4]

History

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Group14 was founded in 2015 by Rick Luebbe and Dr. Rick Costantino[1] [12] after it was spun out from the energy storage materials company EnerG2, which was acquired by German chemical company BASF in 2016. [13] [14]

In April 2021, Group14 launched its first commercial Battery Active Materials factory (BAM-1) in Woodinville, Washington.[2] [15] In April 2023, Group14 broke ground on its second commercial BAM factory (BAM-2) in Moses Lake, Washington; the construction was supported by a $100 million grant from the United States Department of Energy. [16] [17] [18] [19] [20] In July 2021, Group14 announced a joint venture with SK to build a BAM factory in Sangju, South Korea, which is expected to have a nameplate manufacturing capacity of 2,000 tons of SCC55™, equivalent to 10 GWh of silicon battery capacity annually. [4] [5] [6] [21] [22] In July 2023, Group14 acquired Schmid Silicon Group and announced plans to restart a silane factory in Spreetal, Germany in 2025. [7] [23]

In June 2024, Group14 announced it had signed five multi-year binding offtake agreements with three leading electric vehicle cell manufacturers and two leading consumer electronic cell manufacturers across Europe, Asia, and North America. [4]

Technology

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SCC55™ is a silicon-carbon composite anode material that promises up to 50% greater energy density and 0-80% extreme-fast charging in under 10 minutes.[11] [18] [23] [24] [25] [26] Today, Group14 delivers to more than 100 customers representing 95% of worldwide lithium-ion battery production. [18] [27]

In October 2021, Farasis Energy announced it had achieved increased energy density with SCC55™ that would enable them to reach 330 Wh/kg in automotive cells with more than 1,000 charge-discharge cycles.[28] [29] [30]

In November 2021, Group14 announced a strategic partnership with StoreDot, revealing that SCC55™ combined with StoreDot’s extreme-fast charging (XFC) technology enabled an energy density of 300Wh/Kg with over 700 cycles capable of being charged 0%-80% in 10 minutes.[31] [32]

Group14 announced it earned ISO 9001 certification for its BAM-1 factory in Woodinville, Washington, in April 2023.[33]

Applications

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In May 2022, Porsche AG announced plans to produce lithium-silicon battery cells with Group14's technology in Germany in 2024 to help power their electric vehicles.[8] [9] [11] [17] [34] [35]

In February 2023, Group14 announced it began commercial delivery of SCC55™ to Amperex Technology Limited (ATL) for use in smartphones.[10] In January 2024, Group14 announced that SCC55™ was in batteries for more than one million smartphones through its partnership with ATL. [10] [36]

In May 2024, Molicel announced it was utilizing SCC55™ to power its ultra-high-power P50B lithium-ion battery cells.[37]

Finance

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To date, Group14 has received more than $650 million in financing.[38] [39] [40]

In November 2019, Group14 announced it raised $18 million from investors including BASF Venture Capital and OVP Venture Partners. [38] [41] In December 2020, South Korea’s SK materials led Group14’s $17M Series B round.[42] [43]

In May 2022, Group14 announced it raised $400 million in Series C funding led by Porsche AG with participation from OMERS Capital Markets, Decarbonization Partners, Riverstone Holdings LLC, Vsquared Ventures, Moore Strategic Ventures, and other large institutional investors.[8] [9] [11] [25] [44]Group14 announced it would leverage the funding to accelerate the development of its second U.S. factory to supply a minimum of 600,000 EVs annually. [45]

In December 2022, Group14 announced it raised $214 million in additional financing from a consortium of investors including Microsoft Climate Innovation Fund, Lightrock Climate Impact Fund, Moore Strategic Ventures, Oman Investment Authority, and Molicel to complete its total $614 million Series C round.[39] [40] [46]

In October 2022, Group14 announced it received $100 million as part of the Battery Materials Processing and Battery Manufacturing award from the US Department of Energy's Office of Manufacturing and Energy Supply Chains (MESC).[16] [47] [48]

References

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  1. ^ a b https://www.group14.technology/
  2. ^ a b "Group14 Technologies Launches Commercial Manufacturing Factory to Onshore Domestic Battery Supply Chain" (Press release).
  3. ^ "Group14 Technologies Begins Construction of the World's Largest Commercial Factory for Advanced Silicon Battery Materials" (Press release).
  4. ^ a b c d e "Group14 Signs Agreements with Five Leading EV and CE Cell Manufacturers Supporting Global Electrification Efforts" (Press release).
  5. ^ a b "Group14 Technologies Announces Joint Venture with SK materials to Accelerate Global Dual Sourcing for Lithium-Silicon Battery Materials" (Press release).
  6. ^ a b "Group14 Technologies Accelerates Capability to Meet Demand in Asia for Silicon Battery Technology by Advancing its IP Leadership" (Press release).
  7. ^ a b "Group14 Technologies Commences Phase I Expansion into Europe with the Planned Restart of its Silane Manufacturing Factory in Germany" (Press release).
  8. ^ a b c "Porsche AG Takes the Lead in Group14 Technologies' $400M Raise to Accelerate Global Production of Lithium-Silicon Battery Materials" (Press release).
  9. ^ a b c "Porsche AG acquires stake in innovative producer of battery materials". 5 April 2022.
  10. ^ a b c "Group14 Technologies Enters Production to Power the Next Generation of Smartphones for Amperex Technology Limited (ATL)" (Press release).
  11. ^ a b c d https://www.reuters.com/business/autos-transportation/porsche-leads-400-million-investment-ev-battery-startup-group14-2022-05-04/
  12. ^ "The story of Group14 Technologies: The journey to the electrification of everything". Group14.
  13. ^ "EnerG2 Announces the Launch of Group14 Technologies".
  14. ^ https://www.geekwire.com/2019/battery-startup-group14-technologies-raises-14m-make-materials-electric-cars/
  15. ^ https://electrek.co/2021/04/14/group14-announces-us-manufacturing-facility-to-produce-lithium-silicon-battery-materials/
  16. ^ a b https://www.geekwire.com/2022/group14-awarded-100m-by-dept-of-energy-as-part-of-effort-to-expand-u-s-battery-manufacturing/
  17. ^ a b https://www.fastcompany.com/91040975/group14-technologies-most-innovative-companies-2024
  18. ^ a b c https://www.axios.com/local/seattle/2024/04/02/group14-ev-battery-lithium-tech-washington
  19. ^ "New silicon battery factory could bring hundreds of jobs, new industries to Moses Lake | Boomtown". 11 April 2023.
  20. ^ https://www.geekwire.com/2023/first-look-renderings-of-the-worlds-largest-factory-for-advanced-silicon-battery-materials/
  21. ^ "[Herald Interview] Group14, SK Materials to operate Asia's largest silicon plant for EVs". 17 December 2023.
  22. ^ "Group14's Silicon Battery Material Enables Breakthrough Power and Charging Performance". Group14.
  23. ^ a b https://www.ft.com/content/d9640938-f177-485d-88f2-1ee1b7c306d9
  24. ^ "Woodinville tech company is 'revolutionizing' electric vehicle batteries". 4 January 2024.
  25. ^ a b "Group14 SCC55: The 200 Best Inventions of 2022". 10 November 2022.
  26. ^ "The Transition to Lithium-Silicon Batteries". Group14.
  27. ^ https://www.fastcompany.com/91040975/group14-technologies-most-innovative-companies-2024
  28. ^ "Farasis Energy Reports 25% Energy Boost for EV Batteries with SCC55™". Group14.
  29. ^ "Mercedes-Backed Farasis Says Silicon Boosts Battery Energy 25%". Bloomberg. 7 October 2021.
  30. ^ "Farasis Batteries with Silicon-Carbon Anode Get 25% Energy Boost".
  31. ^ "StoreDot and Group14 Technologies Partner to Enhance Extreme Fast Charging Battery Technology with Lithium-silicon" (Press release).
  32. ^ "Is This Black Powder the Secret Solution to EV Charging Woes?".
  33. ^ "Group14 Technologies Fortifies Global Manufacturing Roadmap for Silicon Battery Materials with ISO 9001 Certification" (Press release).
  34. ^ "Group14 Technologies Raises $400 from Porsche-Led Investor Group". Forbes.
  35. ^ "Porsche Behind World's Biggest Silicon Battery Materials Factory". 11 April 2023.
  36. ^ "Apple Supplier TDK Bets New Battery Will Change Smartphone Game". Bloomberg. 4 January 2024.
  37. ^ "Group14's Silicon Battery Material Enables Breakthrough Power and Charging Performance with Molicel's "P50B" Ultra-High Power Cells" (Press release).
  38. ^ a b "About Us". Group14.
  39. ^ a b "Group14 Closes an Additional $214M to Complete $614M Series C Funding Round" (Press release).
  40. ^ a b https://www.bizjournals.com/seattle/news/2023/12/10/rick-luebbe-group14-battery-tech-woodinville.html
  41. ^ https://pitchbook.com/newsletter/group14-technologies-secures-18m
  42. ^ "Group14 Technologies Powering Next Generation of Batteries with $17M Series B". 21 December 2020.
  43. ^ "Group14 Raises $17M to Scale Production of Its 'Revolutionary' Battery Tech | Built in Seattle".
  44. ^ "Porsche joins $400M bet on Group14's silicon batteries". 4 May 2022.
  45. ^ "Electric vehicles: The 'entire industry' is transitioning to silicon batteries, Group14 CEO says". 9 May 2022.
  46. ^ "The 12 Largest Global Startup Funding Rounds of December 2022 – AlleyWatch".
  47. ^ "Biden Administration and DOE Award $100 Million to Group14 Technologies to Strengthen U.S. Supply Chain for Advanced Battery Materials Manufacturing" (Press release).
  48. ^ "Group14 Concludes Contract for $100M Award from U.S. DOE". Group14.