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HPQ Silicon’s Novacium Achieves Breakthrough in Battery Technology

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HPQ Silicon’s Novacium Achieves Breakthrough in Battery Technology

HPQ-Silicon Resources ( (TSE:HPQ) ) has provided an update.

HPQ Silicon Inc.’s affiliate, Novacium, has announced that their GEN3 silicon-anode batteries have surpassed 1,000 cycles while maintaining exceptional capacity and durability. These batteries outperform traditional graphite-based batteries by retaining 80% of their original capacity and delivering 18% more capacity, marking a significant advancement in battery technology. This achievement underscores Novacium’s expertise in silicon-anode technology and positions their GEN3 batteries as a superior alternative in the lithium-ion battery market, offering enhanced efficiency and longevity.

More about HPQ-Silicon Resources

HPQ Silicon Inc. is a technology company specializing in green engineering processes. The company focuses on developing advanced silicon-based materials and has a market focus on enhancing lithium-ion battery performance through its affiliate, NOVACIUM SAS.

YTD Price Performance: -15.38%

Average Trading Volume: 210,946

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$91.3M

See more data about HPQ stock on TipRanks’ Stock Analysis page.

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