Charged EVs | Toyo Ink plans second US production site for Li-ion battery materials
Toyo Ink plans second US production site for Li-ion battery materials
Tokyo-based specialty chemicals producer Toyo Ink has established a manufacturing subsidiary, LioChem e-Materials, for the production of its Lioaccum conductive carbon nanotube (CNT) dispersions, used in lithium-ion battery (LiB) cathodes. The company says that its Lioaccum dispersion helps to increase LiB capacity and extend the cruising range of EVs, luxury cars in particular.
The new facility in Franklin, Kentucky, scheduled to come onlinein 2025, is a joint venture with business partner Inabata.
Toyo Ink says that, as US production capacity of automotive batteries is forecast to grow eight-fold by 2030, it plans to eventually raise its US production capacity of CNT dispersions to four times the current level.