Few suppliers of synthetic graphite for EV batteries

Although synthetic graphite has been around for more than 100 years, few companies are supplying the material to makers of electric vehicle batteries and battery electrodes.

Here’s a short list of public and private companies engaged in the development and production of synthetic graphite, regarded as higher purity and offering better performance, for EV batteries:

Anovion (USA)

• Founded: 2022

• Partners: Forge Nano, American Battery Factory

• Operations: USA

BTR New Energy Materials (China) (835185.BJE)

• Founded: 2000

• Investor: Syrah Resources SYR

• Partner: CNGR 300919

• Operations: China, Indonesia

Kuntian New Energy Technology (China)

• Founded: 2018

• Investors: Sinopec 600028, SK China, A123 Systems, Eve Energy 300014, BTR New Energy Materials (835185.BJE), Svolt

• Operations: China

Novonix Group (Australia) NVX

• Founded: 2012

• Investor: Phillips 66 PSX

• Partners: LG Energy Solution 373220, Kore Power

• Operations: Australia, Canada, USA

Resonac Holdings (Japan) 4004

formerly Showa Denko

• Founded: 1939

• Operations: Japan

Shanshan Technology (China) (SSHOLG.UL)

• Founded: 1989

• Investors: BYD 002594, CATL 300750

• Partner: BASF BAS

• Operations: China

Vianode (Norway)

• Founded: 2020

• Investors: Elkem ELK, Norsk Hydro NHY

• Operations: Norway

Sources: Felixwire, PitchBook