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Mitra Chem Announces Shipment of First U.S. Made, Lab Tested and Approved Lithium Iron Phosphate (“LFP”) Cathode Samples to Global Tier 1 Battery Cell Manufacturer

Mitra Chem announces the shipment of the first lab-tested and approved Lithium Iron Phosphate (“lfp”) cathode samples to the global Tier 1 battery cell manufacturer.

Mitra Chem, one of the only U.S. producers of iron-based lithium iron phosphate (LFP) cathodes, announced that it has begun shipping its commercial-grade LFP materials to a global Tier 1 battery cell manufacturer. for customer approval and qualification.

The company produced the battery products’ proprietary materials from its 15,000 square foot Mountain View-based facility, where the company was able to create an LFP cathode with performance exceeding industry standard materials. mainly in China.

Achieving these samples in an accelerated timeframe of just four months was made possible by deploying the proprietary machine learning algorithms that the company’s co-founders developed.

The passage of the Cut Inflation Act stimulated demand for US-made battery materials by providing consumer tax credits tied to the use of US-made materials.

The company said today it has additional sample requests to cover the next seven months, including nearly all of the world’s Tier 1 battery cell manufacturers and several branded automotive OEMs.

Viva Kumarthe CEO said:

EV manufacturers and cell manufacturers want US-made LFP cathodes and they want them now.

“Mitra Chem is one of the only companies outside of China that has the plans and the capacity to produce these cathodes on a large scale. We’ve heard customer feedback and are adapting quickly to meet this huge increase in demand. »

The company also announced today that it is expected to begin commercial production by 2025.

As Tesla and other battery and electric vehicle companies turn to better, safer, and cheaper iron-based battery cathodes such as lithium-iron-phosphate (LFP), nearly 100% of the Industrialized manufacture of iron-based cathodes still occurs in China today.

Mitra Chem will provide a much-needed alternative by building the first large-scale production of LFP cathodes in the United States.

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MITRA CHEM ANNOUNCES SHIPMENT OF FIRST USA-MADE LITHIUM IRON PHOSPHATE (“LFP”) CATHODE SAMPLES LABORATORY TESTED AND APPROVED TO GLOBAL LEVEL 1 BATTERY CELL MANUFACTURER, MOUNTAIN VIEW, CA, September 16, 2022