Last November, Montreal-based graphene producer NanoXplore (GRA:TSX) revealed its 5-year strategic plan. Included in the plan was an announcement to increase graphene production capacity to 20,000 tons per year (tpa) by 2027 (from 4,000 tpa), expansion of the Sheet Molding Compound (SMC) facility located in Newton, South Carolina, and a pledge to participate in energy transition and sustainability megatrends. The includes NanoXplore’s foray into the EV (electric vehicle) battery business via its wholly owned subsidiary VoltaXplore.
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By Charles Marleau CIM® and William Mitchell CIM®