Proactive Investors - Finance
02 Jun 2026, 07:26 UTC · 2h ago
Gelion partners with Nissan on solid-state battery project

Proactive Investors - Finance
02 Jun 2026, 07:26 UTC · 2h ago

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Gelion PLC announced a three-year collaboration with Nissan and the University of Oxford to develop next-generation solid-state EV batteries using its proprietary NES cathode technology. — Partnership with a major global OEM like Nissan validates the technology and provides a clear path toward automotive commercialization.
+0.80The CoRe-SoLiS project has secured £2.4 million in combined grant funding from Innovate UK, with £1.6 million awarded directly to Gelion's UK subsidiary. — Non-dilutive funding reduces immediate capital burn and indicates government backing of the technical approach.
+0.40Gelion's NES technology aims to replace nickel and cobalt in batteries with sulfur, which the company claims is abundantly available and free from supply chain constraints. — Reducing reliance on critical minerals like cobalt and nickel mitigates geopolitical risk and lowers long-term raw material costs.
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Shares rose 16% following the announcement of a three-year collaboration with Nissan and the University of Oxford and the securing of grant funding.
The company is collaborating on next-generation solid-state EV batteries through its EV36Zero programme.
The company has an expanded research collaboration with Gelion regarding NES cathode technology.
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