Green Graphite Technologies Secures USD 682K Funding to Advance Graphite Production for EV Batteries
Green Graphite Technologies Inc. has secured USD 682K in funding through Ontario Vehicle Innovation Network’s (OVIN) R&D Partnership Fund – Electric Vehicle (EV) Stream to advance its proprietary high-purity natural graphite technology for EV battery anode materials, in collaboration with Rain Carbon Canada Inc.
January 24, 2025. By Mrinmoy Dey
In collaboration with Rain Carbon Canada Inc., GGT aims to refine and scale up its proprietary process for producing high purity natural graphite battery anode materials, ensuring it meets the rigorous standards required for next-generation EV batteries.
This partnership brings together GGT’s cutting-edge graphite purification technology and Rain Carbon’s extensive expertise in carbon precursors, carbon material processing and coating, creating a powerful synergy that will drive innovation and sustainability in the EV sector.
“Though the Ontario Vehicle Innovation Network, our government is proud to support strategic projects that will reinforce Ontario’s leadership in the electric vehicle (EV) industry and accelerate the commercialisation of innovative technology,” said Vic Fedeli, Ontario’s Minister of Economic Development, Job Creation and Trade.
He further added, “We congratulate Green Graphic Technologies Inc and Rain Carbon Canada Inc. on their partnership and look forward to seeing their combined expertise driving economic growth and advance the delivery of graphite across our growing EV supply chain.”
Gillian Holcroft, CEO of Green Graphite Technologies Inc. stated, “Our focus is on developing sustainable and efficient materials that are critical to the success of the EV industry. This project, supported by OVIN, is a significant step forward in our mission to deliver high-quality graphite that will power the future of transportation in Ontario and beyond.”
The project, with a total budget of USD 2.05 million, is designed to enhance battery performance and longevity while reducing the environmental impact of battery production. By advancing the commercialisation of this innovative technology, GGT and Rain Carbon are contributing to Ontario’s efforts to develop sustainable and efficient EV components.
Claudia Krywiak, President and CEO of the Ontario Centre of Innovation (OCI) said, “This partnership exemplifies the strength of Ontario’s innovation ecosystem and the critical role it plays in shaping the future of electric vehicle technology.”
She further added, “Through the OVIN R&D Partnership Fund, we are proud to support Green Graphite Technologies as they advance sustainable solutions for high-purity graphite production, strengthening Ontario’s EV supply chain and reinforcing the province’s leadership in clean technology and advanced manufacturing.”
please contact: contact@energetica-india.net.
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