NanoXplore has announced that it has received a contribution of up to CA$2.75 million (around US$1,920,000) from the Government of Canada under the Energy Innovation Program (EIP). This support will help advance the development of ultra high-power cylindrical format lithium-ion cells for defense and power tools.
The announcement was made by Canada’s Minister of Energy and Natural Resources, as part of a broader investment supporting eight projects across the country. These projects are designed to accelerate battery innovation and expand domestic production capacity, positioning Canada as a global player in the clean energy transition.
NanoXplore has announced that it has received a contribution of up to CA$2.75 million (around US$1,920,000) from the Government of Canada under the Energy Innovation Program (EIP). This support will help advance the development of ultra high-power cylindrical format lithium-ion cells for defense and power tools.The announcement was made by Canada’s Minister of Energy and Natural Resources, as part of a broader investment supporting eight projects across the country. These projects are designed to accelerate battery innovation and expand domestic production capacity, positioning Canada as a global player in the clean energy transition.
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