Amprius lands US$21m SiCore battery deal in China

Amprius Technologies has secured a US$21m purchase order for its SiCore cylindrical battery cells from a new electric mobility customer in China, covering light electric vehicles including scooters, three-wheelers and motorcycles. The order marks the battery firm’s entry into the high-volume light electric vehicle segment in the Chinese market.

The SiCore cells use a silicon anode to deliver energy density up to 100% higher than conventional graphite-anode cells, with a rated cycle life of more than 2,000 cycles. Each cell has a capacity of 30 Ah.

In a statement, Tom Stepien, Chief Executive of Amprius, said: “Current conventional batteries used in two and three-wheelers are constrained by their inherently low energy density. Our silicon anode technology addresses this shortcoming by delivering higher energy density while maintaining the cycle life that these applications require. This purchase order underscores the increasing demand for higher-performance batteries in high-volume mobility markets.”

The battery market for light electric vehicles, including e-scooters, e-bikes, three-wheelers and electric motorcycles, is growing at a 15% compound annual growth rate and is projected to reach 26 GW/h by 2030, according to a study by Ratel Consulting.

Source: Amprius