Nano One Materials Corp. (TSX:NANO) (TSX: NANO) CEO Dan Blondal tells Proactive the Vancouver, Canada-based group has completed a project with a global automotive Original Equipment Manufacturer (OEM) and the two parties have signed an MOU.
Blondal says the MOU will evaluate manganese rich cathode materials for potential use in automotive scale battery cells, which he says, improves the simplicity of batteries, reduces cost complexity, and improves chargibility of batteries.