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NOVI, MI – Dow Energy Materials is about to enter the lithium-ion battery fray as a producer of four materials essential to pack production.
David Klanecky, senior business director, says the startup, based in Midland, MI, will produce cathodes, anodes, electrolytes and separators.
The company is to begin operation by month’s end and initially will employ about 20-25 workers, but commercial production will launch at a later date, the executive says.
“Those components are absolutely critical to determining the performance of a battery cell, as well as the cost, because those four alone account for 75% of the material costs going into a battery,” he tells WardsAuto here.
