top of page
Aerial View of Waves_edited.jpg

What's new?

Want even more? Check us out on LinkedIn.

Echion sign deal to supply Morrow Batteries

Alex Gawley
May 19, 20221 min read

Congratulations to ZCF portfolio company Echion on their latest partnership announcement, which will see them supplying their unique XNO Anode material to Morrow Batteries, Norway for use in their LNMO-X batteries


This is an amazing milestone for Echion, demonstrating not just the impressive technical milestones they have achieved but also a really clear market signal for the benefits they provide. The new LNMO-X batteries will have improved safety, cycle-life, and fast-charging capabilities without compromising energy density - key features of Echion's Niobium tech.


Rahul Fotedar, Morrow, CTO commented: “The technology’s ability to deliver competitive energy density at blistering charging speeds and long cycle life has the potential to unlock new application areas. Our cooperation with Echion is key to the scaling of this innovative battery product.”

Bringing these battery characteristics to the EV market can accelerate the adoption of EVs across the spectrum of use cases, helping us speed up the removal of nearly 6Gt of CO2(e) emissions associated with road transport.


Comments

Risk to Capital

 

Investing in start-ups and early-stage companies involves risks, including illiquidity, lack of dividends, loss of investment and dilution. It should be done only as part of a diversified portfolio. There is no assurance that the investment objectives of any investment opportunity will be achieved or that the strategies and methods described herein will be successful. Past performance is not necessarily a guide to future performance and the value of an investment may go down as well as up.

 

The investments which we promote are targeted exclusively at investors who understand the risks of investing in early-stage businesses and can make their own investment decisions. Any pitches for investment are not offers to the public and investments can only be made through Sapphire Capital Partners LLP as the fund manager. Neither Zero Carbon Capital Limited, Sapphire Capital Partners LLP nor any of their members, directors or employees provide any financial, legal or tax advice in relation to the investments and investors are recommended to seek independent advice before committing or if they have any doubts as to the appropriateness or suitability of such an investment in relation to their specific circumstances.

 

Zero Carbon Capital Limited is a private limited company registered in England and Wales with registration number 12028532. Registered office: Station House, North Street, Havant, England, PO9 1QU.

​

Zero Carbon Capital Limited (FRN: 916588) is an appointed representative of Sapphire Capital Partners LLP (FRN: 565716), who are authorised and regulated by the Financial Conduct Authority.

Investments made in investee companies via alternative investment funds may be covered by the Financial Services Compensation Scheme (FSCS). For more details, please contact us or refer to their website: https://www.fscs.org.uk

© 2024 - Privacy

bottom of page