We are thrilled to announce that AM Batteries has been named one of America’s Top Greentech Companies in 2024 by TIME magazine. This prestigious recognition highlights our dedication to innovation, sustainability, and driving positive change in the battery industry.
TIME magazine, in collaboration with Statista, evaluated over 4,600 sustainability-focused companies across the United States to identify those making significant strides in environmental stewardship, financial resilience, and innovative practices. The methodology included analyzing data points such as the value of the company’s intellectual property portfolios, revenue streams, funding sources, and environmental metrics.
At AM Batteries, we are focused on revolutionizing lithium-ion battery manufacturing through our cutting-edge dry-electrode technology. We are proud that our technology can reduce a battery plant’s energy consumption and carbon footprint by over 40% while also eliminating the need for toxic solvents. In addition, our approach reduces the upfront capital expenditures required for electrode manufacturing by over 30%.
CEO Lie Shi shares his thoughts on this achievement: “Earning recognition as one of America’s Top Greentech Companies by TIME is a testament to our team’s commitment to driving sustainable innovation in the battery industry. AM Batteries dry battery electrode technology not only offers environmental benefits but also unlocks higher energy density, faster charging, and lower-cost lithium-ion batteries. We are excited about the positive impact our technology will have on the EV market and renewable energy storage solutions.”
As we celebrate this milestone, we remain committed to pushing the boundaries of greentech innovation and leading the charge toward a cleaner, more sustainable future. We invite you to join us on this journey of innovation and sustainability.
Read more about the list on TIME’s website.
