Arkema acquires a stake in Tiamat and accelerates in next generation batteries
Ending dependence on lithium
Since 2017, the start-up Tiamat has been designing, developing, industrializing and marketing sodium-ion batteries, a new lithium-free technology enabling in particular to avoid the constraints associated with the supply of this metal.
Alongside strategic investors such as Stellantis Ventures and MBDA, Arkema contributed to Tiamat's recent €22 million fund-raising. Thanks to these funds and with the support of the French government and the European Union, Tiamat is aiming to build a 5 GWh Giga-factory in France, entirely dedicated to the production of sodium-ion battery cells. An initial tranche of 0.7 GWh could be operational by the end of 2025, and a thousand jobs could eventually be created.
"Our portfolio of advanced materials enables us to provide solutions for all our customers' battery technologies. The sodium-ion technology developed by Tiamat is very interesting, as it will enable to do away with the dependence to lithium and several strategic metals. This operation enriches our ecosystem, and is perfectly in line with Arkema's strategy: innovative materials for a sustainable world", Armand AJDARI, Arkema's Chief Technology Officer.
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The topic world Battery Technology combines relevant knowledge in a unique way. Here you will find everything about suppliers and their products, webinars, white papers, catalogs and brochures.