Sunrise Announces Successful Development of New Generation Porous Silicon-Carbon Material for Solid-State Batteries
11 Juli 2024 - 6:33PM
Sunrise New Energy Co., Ltd. (“Sunrise New Energy”, the “Company”,
“we” or “our”) (NASDAQ: EPOW), today announced the successful
development of a new generation of anode material for solid-state
batteries. This innovative porous silicon-carbon material promises
a long driving range of over 1000 kilometers for the electric
vehicle and high capacity.
The new anode material boasts an impressive first charging
capacity of nearly 1800mAh/g and a first coulomb efficiency of
approximately 91%. Additionally, the material demonstrates a robust
cycle life, capable of enduring around 1500 to 2000 cycles.
"The successful development of the new generation porous
silicon-carbon material is a milestone for Sunrise. It offers a
higher energy density, meaning it can store more energy per unit
volume or weight, leading to either a longer battery life or
smaller, lighter battery packs. It also promises a longer cycle
life, withstanding more charge-discharge cycles without degrading,
thereby increasing the lifespan of the battery." stated Mr. Haiping
Hu, CEO of Sunrise New Energy. "This breakthrough is expected to
pave the way for longer-lasting, more efficient batteries,
accelerating the adoption of electric vehicles and contributing to
a more sustainable future."
About Sunrise New Energy Co., Ltd
Headquartered in Zibo, Shandong Province, China,
Sunrise New Energy Co., Ltd., through its joint venture, is engaged
in the manufacturing and sale of graphite anode material for
lithium-ion batteries. The Company's joint venture has completed
the construction of a manufacturing facility with a production
capacity of 50,000 tons in Guizhou Province, China. The plant runs
on inexpensive electricity from renewable sources, which helps to
make Sunrise New Energy a low-cost and low–environmental-impact
producer of graphite anode material. Mr. Haiping Hu, the
founder and CEO of the Company, is a major pioneer
for the graphite anode industry in China starting from
1999. The Company’s management team is also composed
of experts with years of experiences and strong
track-records of success in the graphite anode industry. In
addition, the Company also operates a knowledge sharing
platform in China. For further information, please visit the
Company’s website at www.sunrisenewenergy.com. The Company
maintains a Twitter account (@sunrisenewener1) to keep investors up
to date on the latest development of the Company.
Forward-looking statement
Certain statements in this press release
regarding the Company's future expectations, plans and prospects
constitute forward-looking statements as defined by Private
Securities Litigation Reform Act of 1995. Forward-looking
statements include statements about plans, goals, objectives,
strategies, future events, expected results, assumptions and any
other factual statements that have not occurred. Any words that
refer to "may", "will", "want", "should", "believe", "expect",
"expect", "estimate", "estimate" or similar non-factual words,
shall be regarded as forward-looking statements. Due to various
factors, the actual results may differ materially from the
historical results or the contents expressed in these
forward-looking statements. These factors include, but are not
limited to, the company's strategic objectives, the company's
future plans, market demand and user acceptance of the company's
products or services, technological updates, economic trends, the
company's reputation and brand, the impact of industry competition
and bidding, relevant policies and regulations, the ups and downs
of China's macroeconomic conditions, the relevant international
market conditions, and other related risks and
assumptions disclosed in the Company’s Annual Report on Form 20-F
published on the SEC’s website. In view of the above and other
related reasons, we urge investors to visit the SEC’s website
and consider other factors that may affect the Company's future
operating results. The Company is under no obligation to make
public amendments to changes in these forward-looking statements
unless required by law.
For more information, please contact:
The Company:
IR Department
Email: IR@sunrisenewenergy.com
Phone: +86 4009919228
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