24M Ships Impervio™-Enabled Lithium Metal Battery Cell Prototypes to Major Global Automotive OEM

Milestone marks a significant step toward large-scale production of safer batteries for electric vehicles

DETROIT, October 22, 2024--(BUSINESS WIRE)--Reuters Automotive USA 2024 – 24M Technologies today announced the delivery of commercial-sized lithium metal battery cells, integrated with its Impervio™ separator and Eternalyte™ electrolyte, to a major automotive original equipment manufacturer (OEM). This milestone marks a significant step toward large-scale production of safer, more reliable, electric vehicle (EV) batteries.

Momentum is building for 24M’s breakthrough Impervio technology, a transformative battery separator that prevents fires by obstructing dendrite propagation. The technology controls the cell at the individual electrode level, preventing dendrites from propagating and enabling early fault detection. Impervio can prevent a thermal runaway by monitoring the cell’s electrochemistry and enabling a failsafe in the event of a potential short.

"The growing concerns around battery fire safety must be addressed to ensure widespread adoption of EVs and a more sustainable energy future," said Naoki Ota, CEO and President of 24M Technologies. "This shipment of Impervio-enabled battery cells to a major OEM, is a significant first step in restoring consumer confidence that a safer, longer-lasting, and more efficient battery is obtainable."

The Impervio separator works with all battery formats and easily integrates into existing manufacturing processes. Because of this, OEMs can test and ultimately integrate the technology in their own facilities without making significant changes to their current production lines, whether using conventional battery production methods or the 24M SemiSolid™ process. With the available 24M prototypes, OEMs can test the innovations for rapid integration and deployment across the automotive industry.

In addition to addressing critical safety challenges, 24M is at the forefront of overcoming other barriers to widespread EV adoption. When combined, 24M innovations like Eternalyte™, 24M ETOP™ and Liforever™, enable a new era of EVs that can achieve up to 1,000 miles of range with batteries that are 100% recyclable.

If you are attending the Reuters Automotive USA 2024 Conference this week in Detroit, MI, visit the 24M team at Booth 22. 24M CFO/COO Rich Chleboski will also speak on Tuesday, October 22 at 2:30 p.m. on the Purple Stage (252AB) about how emerging technology innovation across the industry can rebuild consumer trust and boost adoption of EVs.

About 24M Technologies

24M answers the world’s need for affordable energy storage by offering a revolutionary battery manufacturing and product design technology set enabled by the 24M SemiSolid™ and Unit Cell manufacturing platform. By re-inventing today’s battery products and manufacturing methods, 24M solves the critical, decades-old challenge associated with the world’s preferred energy storage products and technologies: reducing their high cost while improving their performance, safety and recyclability. Founded and led by some of the battery industry’s foremost inventors, scientists and entrepreneurs, 24M is headquartered in Cambridge, Mass. For more information, please visit www.24-m.com.

24M® is a registered trademark of 24M Technologies, Inc. Impervio™, Eternalyte™, Liforever™ and 24M SemiSolid™ are pending trademarks of 24M Technologies, Inc.

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