Panasonic supports CAMX Power’s GEMX® for latest Lithium-Ion Batteries
LEXINGTON, Mass., Aug. 21, 2024 – CAMX Power Inc and Panasonic Energy Corporation, announced that Panasonic, has taken a strategic license to the revolutionary CAMX GEMX® platform technology for lithium-ion batteries. Moreover, the purpose of the collaboration is to create next-generation batteries with elite functionalities and sustainability.
CAMX Power’s GEMX® platform is a game-changer in the world of lithium-ion batteries. Built on a foundation of over 30 patents granted globally, GEMX® leverages molecular engineering to revolutionize cathode particle design.
By strategically placing elements like cobalt, aluminum, and others at critical points within the cathode particles, GEMX® achieves a remarkable balance. However, it reduces cobalt usage while simultaneously enhancing stability, performance, and cost-effectiveness across all classes.
The innovative GEMX® platform has given rise to a series of groundbreaking products, including gNMC®, gNMCA®, gNCA®, and gLNO®. These derivative materials are poised to redefine the future of battery technology.
CAMX Power’s GEMX® Platform: A Breakthrough in Battery Technology
The GEMX® Platform by CAMX Power changes everything in Lithium-ion Batteries. Moreover, it is built on over 30 granted patents globally, it fundamentally converts the design of cathode particle with molecular engineering.
GEMX achieves this balance by infusing small amounts of cobalt and aluminum. Among other things, at precise locations within the cathode particles. This decreases the usage of cobalt while increasing stability, performance, and cost competitiveness for all classes of nickel-based cathode materials, including the high-manganese types.
Panasonic Energy Partners with CAMX Power to Drive EV Innovation
Sachin, the president and founder of CAMX, said, “Instead of attempting production ourselves, CAMX, through license agreements like these can have its inventions rapidly and more broadly come to market for the benefit of society,“
He added, “With a 100-year history of innovation in batteries spanning battery cell technology and business operations, Panasonic Energy has been the power and the powerhouse behind EV and thus the key enabler of the EV revolution now rapidly spreading across the globe. The addition of the Kansas plant to the Sparks, NV gigafactory will keep Panasonic Energy as the premier cell maker,“
Panasonic Energy: Powering the Future
Incorporated in April 2022, Panasonic Energy Co., Ltd. joins the dynamic Panasonic Group. As a worldwide leading innovative battery technology supplier, Panasonic Energy is committed to safe and reliable power solutions.
From electric vehicles all the way through renewable energy storage, medical devices, and consumer electronics, the products and services that Panasonic Energy offers take the world into the future. Moreover, its commitment to innovation and society for a sustainable world sets the group apart.
With lithium-ion batteries, storage battery systems, and dry batteries, Panasonic Energy envisions opening a new frontier not only in mobility, social infrastructure, healthcare, and the consumer markets. Furthermore, engaging people, society, and the environment toward a happier, more sustainable world is demonstrated in every business that it manages.
CAMX Power’s GEMX® Platform
CAMX Power of Massachusetts is an innovator and leading lithium-ion battery material maker. However, among the Massachusetts-based innovator’s flagship inventions is globally patented GEMX Cathode Platform, an electric vehicle, portable electronics game-changer. GEMX massively reduces cobalt usage while enabling performance boosts—making it a highly sought technology for top cell and material makers. With Panasonic Energy joining the growing list of licensees, the GEMX® platform will change across the battery industry.
For advanced battery technologies, CAMX supports promising ideas through the best material synthesis facility, a pilot plant for scalability, and advanced cell-making facilities to bring it to maturity. Innovation within CAMX is de-risked and uniquely scaled up through rigorous development, IP protection, and strategic partnerships for mass production.
By licensing our technologies to large manufacturing partners, CAMX empowers these companies to extend, make, and sell these innovations. However, this collaborative approach ensures that breakthrough battery technologies reach the market more rapidly. The effort will be faster, and consumers and the planet will certainly benefit.