EQONIC Develops Lithium-Free Battery Technology for Energy Storage

EQONIC announced a new battery technology on October 8, 2025, targeting significantly lower energy storage expenses. The company's design eliminates lithium, sodium, and rare earth elements from its battery chemistry. This addresses supply chain vulnerabilities and safety concerns associated with conventional batteries. Material costs are reportedly 30% of those for typical lithium-ion batteries. EQONIC projects a large-scale manufacturing cost of £50 per kilowatt-hour. This is approximately half the current industry average. A key feature of the technology is the elimination of thermal runaway, a major cause of battery fires. The company intends to license its technology and form partnerships with established manufacturers. This strategy aims to minimize capital risk and facilitate widespread adoption. Rather than competing directly with major battery producers, EQONIC will focus on collaborative ventures. Strategic advisors with extensive automotive industry experience support the company's market positioning. The absence of lithium and other critical materials offers a potential solution to geopolitical supply chain risks. The company claims the new battery chemistry also reduces environmental impact and enhances safety profiles for energy storage systems.