Securing Domestic Productionof Critical Battery Materials

Wistron is pleased to be a significant investor in and partner with PNE. Closing this round marks another milestone in advancing PNE’s technology, establishing a foundation for the lithium-ion battery supply chain, and meeting the growing global demand for advanced energy solutions. We are particularly proud to be PNE’s partner in our joint pilot production facility in McKinney, TX, and we are excited for PNE’s future prospects.

Argonne National Laboratory has long been an advocate for direct recycling and it pleases us to see these test results. PNE's rejuvenated cathode material shows very comparable cyclability to pristine commercial material and demonstrates that PNE's direct recycling process can recover the electrochemical performance.

Princeton NuEnergy has an innovative concept and technologies for lithium-ion battery recycling, and Honda has high expectations for their future potential. The plasma-based direct recycling technology will strengthen the EV battery supply chain, and as Honda advances toward its 2050 materials goals, we see great potential in this approach. Honda will continue to search for, collaborate with, and invest in promising venture companies through our global open innovation program.