eVehicle Technology
acoustic vehicle alerting system

6K Energy Announces IRA Compliant for North American Battery Production

6k energy factory

6K Energy, part of 6K, announced its cathode active material (CAM) meets strict government regulations under the

6K Energy, part of 6K, announced its cathode active material (CAM) meets strict government regulations under the Inflation Reduction Act (IRA), a first for both LFP and NMC materials. With over 30 partners, including top automotive OEMs and battery cell producers, 6K Energy’s CAM shows excellent performance. The company is supplying large amounts of vital materials from its Battery Center of Excellence to support customers’ qualification processes.

6K’s award-winning UniMelt® production system continues to deliver multiple Li-ion materials, including NMC, LFP, lithium salts, and alkaline battery CAM, with strong specification performance meeting or exceeding industry requirements. The company’s NMC811 single crystal CAM delivers high capacity with excellent rate performance while exceeding electric vehicle (EV) cycle-life requirements. LFP CAM is achieving over 160mA/gm capacity with exceptional efficiency, trending to >6k cycles while maintaining 80% capacity, which is ideal for energy storage system (ESS) applications.

The 6K Energy Battery Center of Excellence can produce tons of material annually matching production intent processes that will be deployed in their PlusCAM™ plant in Jackson, TN, with a projected SoP in mid-2025. The multi-chemistry facility will offer single crystal NMC811 and two LFP variants: a direct replacement of LFP made in China today and a new spherical option offering benefits for electrode construction, especially effective for delivery of powder when utilizing a dry coating process.

“During the past year, we’ve witnessed a transformation in the battery industry like never before. Targets for domestic production of batteries and battery material were once just aspirational goals and are now being mandated by the government with the introduction of the Inflation Reduction Act,” said Sam Trinch, President of 6K Energy. “While the industry is now scrambling to meet this new material production requirement for critical lithium-ion batteries, 6K Energy is already well aligned to provide the industry with LFP and NMC materials that can not only meet these new IRA requirements – but truly change the way companies approach sustainable material production by shifting from less efficient and less sustainable materials currently being produced in China.”

Signed into law by the Biden administration in August of 2022, the IRA offers significant tax credits for battery production in the US – as much as $35/kWh for the production of battery cells and an additional $10/kWh for battery module assembly. The Advanced Manufacturing Production Credit also offers a $7500 tax incentive for EV battery production – including 10% of the cost of critical mineral production and 10% of the cost of electrode active material production.

6K Energy’s PlusCAM facility is the world’s only sustainable battery material production plant capable of delivering IRA compliant cathode active material at a significantly lower cost than materials coming from China. The PlusCAM facility fully leverages the UniMelt plasma technology to deliver both NMC and LFP at a significantly lower cost than Chinese suppliers – backed by lower energy consumption and as much as 65% less carbon emissions. The facility is set to be the flagship production site for multi-material supply of battery material to major OEMs and suppliers.

SOURCE: 6K Energy

Avatar photo

eVehicle Technology

Join thousands of eVehicle Experts and get the latest updates straight to your inbox!