They have developed the Next Generation tech for Lithium Batteries...i.e. Solid State, which is now the future for all Electric Vehicles (Think Tesla: $TSLA )
$TORVF is the USA Symbol for the main company: Volt Carbon Technologies in Canada (TSX-V: VCT).
Company was founded by the recognized world leader in battery and fuel cell technology (Zhongwei Chen, PhD)
https://uwaterloo.ca/chemical-engineering/profile/zhwchen
Website: http://www.voltcarbontech.com/
Company Management is all PhD's.
They will challenge the current major Lithium battery company, which is Quantumscape: $QS (NYSE) trading at $10/share, with a market cap of $3.4 Billion.
Quantumscape is using old tech, which $TORVF will be replacing.
$TORVF has also recently (Sept 14, 2022) patented a revolutionary Air Classification System for Graphite Mining.
This tech can be used by every Graphite Miner on the planet. And Graphite is HUGE.
Highlights:
Next Generation Lithium Battery: No Thermal Runaway
Production ready
-- Simple modification of existing lithium-ion battery production lines results in rapid industry adaptation.
Solid electrolyte separator vs current membrane (which leads to thermal runaway)
Revolutionary air classification system for processing graphite
-- Recently Patented on Sept 14, 2022
-- Graphite flake separation done at mining site vs shipping to processing facility.
-- Graphite Processing Without Reagents or Wet Tailings
CEO Interview:
Battery Tech:
Z
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