Nexeon Battery Company of the United Kingdom recently stated that the company plans to invest 40 million pounds to expand its invention of silicon anode lithium-ion batteries.

Nexeon Battery has developed a lithium-ion battery-silicon anode battery with high energy density, long life, large output power and small size. This battery overcomes the limitations of modern technology and highlights higher performance in all aspects. In July this year, Nexeon was awarded the "Green Technology Award."

Nexeon is preparing to invest 40 million pounds to build factories to expand production from 2.5 kilograms a day to 250 tons a year. The company will also recruit more employees.