Solidion (STI) announced the signing of a strategic memorandum of understanding, or MOU, with Giga Solar Materials, materials manufacturer out of Taiwan. The partnership represents a step forward in accelerating the production of innovative Silicon Oxide, or SiOx, anode materials in the United States and playing a role in securing a lithium battery materials supply chain in North America. Leveraging Solidion’s 550+ patent portfolio and R&D capabilities, the collaboration with Giga Solar, and the previously announced partnership with Bluestar Materials, will focus on a total solution of high-quality SiOx anode materials. Foxconn previously invested $36M through Giga Storage Corp, a subsidiary in an EV partnership with Giga Solar.
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