Enerezza is the World’s First Residential SemiSolid Lithium-ion Battery System

Kyocera Corporation (President: Hideo Tanimoto) and 24M
(President & CTO: Naoki Ota) announced today that Kyocera has
formally launched its residential energy storage system, Enerezza,
the world’s first system built using 24M’s novel SemiSolid
electrode manufacturing process. In addition, Kyocera has extended
its commitment to 24M’s unique manufacturing platform with plans
to start full-scale mass production in the fall of 2020.

In June 2019, Kyocera began pilot production of 24M’s
SemiSolid battery technology to validate its use in residential
energy storage systems in the Japanese market. Based on the
successful pilot, Kyocera recently rolled out its full Enerezza
product line — a 24M-based residential energy storage system
available in 5.0 kWh, 10.0 kWh, and 15.0 kWh capacities designed to
meet diverse customer needs.

“Kyocera and our customers benefit from long battery life,
unparalleled safety, and the low-cost approach enabled by 24M’s
unique manufacturing process,” said Toshihide Koyano, Deputy
General Manager of Corporate Solar Energy Group at Kyocera. “At
Kyocera, we believe that 24M’s SemiSolid technology is the
emerging standard for lithium-ion battery manufacturing. We are
delighted to be the first company to deliver residential energy
storage products using 24M’s novel process.”

24M’s innovative manufacturing process delivers market-leading
price-performance. SemiSolid electrodes use no binder, mixing
electrolyte with active materials to form a clay-like slurry with
unique attributes. As a result, the 24M process eliminates the need
for a significant amount of inactive materials and
capital-intensive processes like drying and electrolyte filling,
thus dramatically reducing manufacturing cost.

“Kyocera’s launch of the Enerezza residential energy storage
product line marks a significant milestone for 24M,” said Naoki
Ota, President and CTO of 24M. “After many years of hard work,
our technology is commercially available thanks to our dedicated
partner Kyocera.”

About Kyocera Corporation

Kyocera Corporation (TOKYO:6971) the parent and global
headquarters of the Kyocera Group, was founded in 1959 as a
producer of fine ceramics (also known as “advanced ceramics”).
By combining these engineered materials with metals and integrating
them with other technologies, Kyocera has become a leading supplier
of industrial and automotive components, semiconductor packages,
electronic devices, solar power generating systems, printers,
copiers and mobile phones. During the year ended March 31, 2019,
the company’s consolidated sales revenue totaled 1.62 trillion
yen (approx. USD14.6 billion). Kyocera appears on the “Derwent
Top 100 Global Innovators 2018-19” list by Clarivate Analytics
and is ranked #655 on Forbes magazine’s 2019 “Global 2000”
list of the World’s Largest Public Companies.

For more information, visit global.kyocera.com

About 24M

24M answers the world’s need for affordable energy storage by
enabling a new, more cost-effective solution–SemiSolid
lithium-ion technology. By re-inventing the design of the battery
cell as well as the manufacturing method, 24M solves the critical,
decades-old challenge associated with the world’s preferred
energy storage chemistry: reducing its high cost while improving
its performance. Founded and led by some of the battery
industry’s foremost inventors, scientists and entrepreneurs, 24M
is headquartered in Cambridge, Mass.

For more information, visit www.24-m.com.

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Enerezza is the World’s First Residential SemiSolid Lithium-ion
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Enerezza is the World’s First Residential SemiSolid Lithium-ion Battery System

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