Coreshell Aims to Cut EV Battery Costs with Innovative Silicon Anodes

Coreshell Aims to Cut EV Battery Costs with Innovative Silicon Anodes
Coreshell is poised to revolutionize the electric vehicle battery market by substituting traditional graphite with a proprietary coated silicon material. The startup raised $24 million in a Series A2 funding round led by Ferroglobe, aiming to enhance performance and reduce costs. Coreshell's innovation allows for the use of cheaper metallurgical grade silicon while maintaining battery longevity. The company has already produced its first battery samples and plans to partner with major automakers in the coming year. This approach could challenge the dominance of Chinese graphite in the market.