Gelion CEO: Top-five automaker backs NES cathode in first co-funded EV evaluation

Gelion's NES cathode material is gaining traction with multiple top global automakers, though EV revenue remains modest and years away.

• Top-five OEM deal: Gelion signed a co-funded proof-of-concept agreement with a top-five global automotive OEM to test its nano-encapsulated sulfur (NES) cathode material in EV battery cells.
• Funding split: The OEM supplies engineering expertise, testing facilities and program funding; Gelion provides NES battery cells and joint performance testing.

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