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Stock impact report

Solidion Offers Strategic Partnership Opportunities on Next-Gen EV Batteries

Solidion Technology, Inc. (STI) 
Last solidion technology, inc. earnings: 10/17 06:00 am Check Earnings Report
Company Research Source: GlobeNewswire
DAYTON, Ohio, Aug. 26, 2024 (GLOBE NEWSWIRE) -- Solidion Technology, Inc. (NASDAQ: STI), an advanced battery technology solutions provider, announces that the company is ready to form strategic partnerships aiming to help accelerate commercialization of lithium-sulfur (Li-S) batteries for worldwide electrification of transportation. To realize an EV range of 800 miles on one battery charge, a new battery system capable of delivering an energy density higher than 500 Wh/kg would be needed. Current lithium-ion batteries fall short of this requirement. Li-S batteries, having a theoretical energy density much higher than 600 Wh/kg, are currently the only practical energy storage solution capable of meeting such an energy density goal. Furthermore, the cathode active material for a Li-S battery is sulfur, which is abundant and of low cost. The Li-S battery does not contain high-cost, environmentally less sustainable rare metal elements such as cobalt and nickel. The technical te Show less Read more
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