Amprius Hosts Battery Forum in Taiwan and Presents on its Strategy to Power the Future of Electric Mobility

Rhea-AI Summary

Amprius hosted a Battery Forum in Taiwan to present its Silicon Anode Battery Technologies and partnership opportunities. Industry leaders learned about Amprius' breakthrough technology and future visions. The event featured Amprius' high energy density SiMaxx™ and SiCore™ battery cells. The Company aims to power the future of electric mobility by expanding its global presence and scaling manufacturing efforts in the U.S.

Positive

• Amprius showcased high-performance SiMaxx™ and SiCore™ battery cells delivering up to 450 Wh/kg and 400 Wh/kg, respectively, with long cycle life.

• The company's breakthrough silicon anode battery technologies aim to advance electric mobility and meet industry demands.

• Dr. Sun emphasized the importance of expanding Amprius' presence in global markets to foster partnerships and accelerate manufacturing efforts.

Negative

• Despite the breakthrough technology, Amprius may face challenges in scaling manufacturing efforts in the U.S. and maintaining partnerships with both domestic and international partners.

Over 100 Attendees from Industry-Leading Companies and Institutions Learned About Amprius Breakthrough Silicon Anode Battery Technologies and Partnership Opportunities in Taiwan

FREMONT, Calif.--(BUSINESS WIRE)-- Amprius Technologies, Inc. (“Amprius” or the “Company”) (NYSE: AMPX), a leader in next-generation lithium-ion batteries with its Silicon Anode Platform, hosted the Amprius Battery Forum in Taipei City, Taiwan on Tuesday, April 23, 2024. The forum, centered on advancing electric mobility, attracted leading companies and institutions such as Garmin, cell manufacturer Molicel, and the National Kaohsiung University of Science and Technologies, among others, who had the opportunity to learn about Amprius’ breakthrough technology, future visions, partnerships, and opportunities in Taiwan.

Amprius Hosts Battery Forum in Taiwan and Presents on its Strategy to Power the Future of Electric Mobility (Photo: Business Wire)

At the event, Amprius executives presented on the Company’s next-generation batteries and product roadmap as Amprius strives to power the future of electric mobility. Amprius CEO Dr. Kang Sun highlighted the Company’s breakthrough silicon anode battery technologies and commented on the state of the lithium-ion battery industry, while CTO Dr. Ionel Stefan presented on Amprius’ industry-leading commercially available high energy density SiMaxx™ battery cells delivering up to 450 Wh/kg and 1150 Wh/L.

The Company also showcased its high-performance SiCore™ battery cells, a recently launched product platform that expands Amprius' portfolio of industry-leading silicon anode batteries. Dr. Michael Wang, President of Berzelius (formerly Amprius Nanjing), was in attendance to join the discussion with Dr. Ionel Stefan on the advantages of the new SiCore silicon anode cell chemistry designed to offer high energy density, up to 400 Wh/kg, and long cycle life, achieving as many as 1,200 cycles at full depth of discharge, across a wide range of battery form factors.

“The Amprius Battery Forum allowed us to showcase our cutting-edge battery cells to Taiwan's burgeoning innovation hub,” said Dr. Sun. "Expanding our presence across global markets is pivotal to advancing electric mobility, and we are eager to foster relationships with both domestic and international partners in addition to scaling our manufacturing efforts in the U.S."

For more information on Amprius, please visit the Company’s investor relations website at https://ir.amprius.com.

About Amprius Technologies, Inc.

Amprius Technologies, Inc. is a leading manufacturer of high-energy and high-power lithium-ion batteries producing the industry’s highest known energy density cells. The company’s commercially available SiMaxx™ batteries deliver up to 450 Wh/kg and 1,150 Wh/L, with third-party validation of 500Wh/kg and 1,300 Wh/L. The company’s corporate headquarters is in Fremont, California, where it maintains an R&D lab and a MWh scale manufacturing facility for the fabrication of silicon anodes and cells. To serve customer demand, Amprius entered into a lease agreement for an approximately 774,000 square foot facility in Brighton, Colorado and expanded its product portfolio to include the SiCore™ platform. For additional information, please visit amprius.com. Also, see the company’s LinkedIn and Twitter pages.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240430313521/en/

Investors

Tom Colton, Chris Adusei-Poku

Gateway Group, Inc.

949-574-3860

IR@amprius.com

Media

Zach Kadletz, Brenlyn Motlagh

Gateway Group, Inc.

949-574-3860

Amprius@Gateway-grp.com

Source: Amprius Technologies, Inc.

FAQ

What was the focus of the Amprius Battery Forum in Taiwan?

The focus was on advancing electric mobility and presenting Amprius' breakthrough technology and future visions.

What are the high energy density levels of Amprius' SiMaxx™ and SiCore™ battery cells?

The SiMaxx™ battery cells deliver up to 450 Wh/kg, while the SiCore™ battery cells offer up to 400 Wh/kg.

Who presented on Amprius' next-generation batteries at the event?

Amprius executives, including Dr. Kang Sun and Dr. Ionel Stefan, presented on the Company's innovative battery technologies.

Where can more information about Amprius be found?

More information about Amprius can be found on the Company's investor relations website at https://ir.amprius.com.

What are the major challenges facing Amprius despite its breakthrough technology?

Challenges may include scaling manufacturing efforts in the U.S. and maintaining partnerships with domestic and international partners.