24M announced that its technology license and joint development partner, Kyocera Corporation, aims to double its production capacity for 24M SemiSolid lithium-ion residential energy storage batteries by FY2026. 24M said that Kyocera is accelerating production due to increased demand for energy storage products. (Earlier post.)
In 2020, 24M and Kyocera became the first partners to commercialize the 24M SemiSolid electrode and unit cell manufacturing process through the launch of Enerezza. With its cost-effective, safe, and long-lasting energy storage solution, Enerezza is empowering consumers economically compared to conventional energy storage products.
Kyocera currently has an annual production capacity of 20,000 units and plans to double this capacity by FY2026 with a ¥10-billion (US$67-million) investment in developing a new lithium-ion battery production line leveraging 24M technology. This expansion will enable the Shiga Yasu plant to achieve an annual production capacity of 400 MWh of 24M SemiSolid batteries.
In March 2024, 24M and Kyocera jointly received the 2024 Electrochemical Society of Japan Technology Award (Tanahashi Award).
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