• First known delivery of Synthetic Graphite AAM C-sample in North America
• Material meets all Panasonic's required specifications
• Mass production expected to commence in the second half of 2027

Novonix Limited, a leading battery materials company, has delivered a mass production qualification sample of synthetic graphite anode active material to its lead customer, Panasonic Energy. This marks the first known delivery of such a sample produced in North America, signifying a critical step towards establishing a U.S. supply chain. The delivered material meets all of Panasonic's required specifications, although formal validation is pending Panasonic's assessment. This milestone underscores Novonix's progress towards full-scale commercial production and aligns with the company's earlier guidance of commencing mass production for Panasonic in the second half of 2027, subject to successful completion of the qualification process.

Novonix expects mass production for Panasonic to begin in the second half of 2027.

Novonix aims to develop a secure North American battery materials supply chain and reduce reliance on China.