This facility enables Echion to mass-produce XNO at scale to meet the worldwide demand for the product. Echion’s unique partnership with CBMM ensures a robust and reliable supply chain for XNO.
The opening marked a significant milestone in the strategic partnership between Echion and CBMM and represents a major step forward in the companies’ joint goal of expanding the use of niobium in battery production.
Echion’s niobium-based anode material, XNO, enables Li-ion batteries to fast charge safely, maintain high energy densities even at extreme temperatures, and deliver high power across a cycle life of more than 10,000 cycles. XNO has been specifically engineered to allow electrified heavy-duty industrial, commercial, and mass-transport vehicles to operate with the highest productivity and the lowest total cost of ownership.
CBMM has set a target of achieving 30% of its revenue from non-steel-based products by 2030. Every year, CBMM invests R$ 250 million (US$43 million) in its Technology Program. This collaboration with Echion is fundamental to maximizing the potential of new materials, focusing on the development of niobium-enhanced anodes that increase battery efficiency and durability.