The agreement is aimed at developing new battery materials that could recharge electronic devices and power tools quickly or function as part of a hybrid battery system to extend the range of EVs.

Graphene, which is claimed to improve the power and cycling stability of Li-ion batteries, while at the same time maintaining high-energy storage capacities, is at the core of the project that aims to develop batteries, which can simultaneously store large amounts of energy and recharge quickly.

The collaboration is expected to bring together PNNL and Princeton’s work in the field of graphene-based battery electrodes and Vorbeck’s experience in the production and application of graphene, for the rapid commercialization of this energy storage technology.

Targray Technology, a materials distribution and supply company, has been contracted to bring the battery electrode materials to market.

John Lettow, president of Vorbeck Materials, said: “PNNL battery materials synthesis expertise, their pioneering work in this area and IP position, together with Vorbeck’s leading work in graphene production and commercialization is a strong combination.

“We are excited to be working with the talented team at PNNL and to add battery electrode materials to our list of graphene-based products, furthering the work on applications of graphene developed in collaboration with Princeton University and our commercial partners.”