C-BATT Announced as a Joint Venture to Revolutionize Battery Technology

OVIEDO, FL., October 5, 2023 – C-BATT Innovations LLC, a newly formed joint venture, is excited to announce its mission to accelerate the development of novel anode technology. This venture, born from the collaboration between X-BATT, a pioneer in advanced battery materials, and CONSOL Innovations, a wholly-owned subsidiary of CONSOL Energy Inc., is focused on advancing domestic battery materials derived from domestically mined carbon toward ultimate commercialization.

Since 2020, X-BATT has been at the forefront of innovation, integrating carbon with its proprietary, low-cost, resin-based technology to produce high-performance, domestically sourced anode materials. Now, with the formation of C-BATT, this innovative work will continue to evolve, leveraging the strengths of both founding companies.

Founder and CEO of X-BATT, Bill Easter, expressed his excitement, "Collaborating with a forward-looking energy leader like CONSOL propels our technology to the next level. The ability to supplant graphite with an abundant, domestically sourced carbon presents an eco-friendly solution for the growing demand for lithium-ion batteries.”

“We continue to invest in the carbon products sector,” shared Dan Connell, Senior Vice President of CONSOL Innovations. "This opportunity is focused on coupling abundant domestic raw materials with cutting-edge technology and we are excited to team with X-BATT to pursue it further.”

C-BATT stands as a testament to the converging forces of innovation and sustainability and is poised to reshape the landscape of energy storage and battery technology

About X-BATT®

Established in 2019, X-BATT® focuses on leveraging its patented technology for high-capacity, low-cost, scalable lithium-ion battery components and provides customized, cutting-edge solutions that will allow the renewable energy future to be fully realized. 

 www.x-battinc.com  

About CONSOL Innovations LLC

CONSOL Innovations LLC, a wholly-owned subsidiary of CONSOL Energy Inc., is dedicated to creating long-term value through innovative opportunities in the non-combustible carbon products and materials markets. Established to advance sustainable innovations, CONSOL Innovations focuses on developing and commercializing advanced carbon-based products and materials and carbon management technologies. With a mission of “Reimaging Carbon for a Sustainable Future”, the subsidiary is at the forefront of integrating cutting-edge technology and environmental stewardship to support a diversified and resilient energy future.

For more information about CONSOL Innovations and its projects, p

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C-BATT sets sights on revolutionizing battery industry with American-mined carbon