Group14 Technologies adds Dr. Michael Steiner to its Board of Directors

– USA, WA –  Group14 Technologies, a global manufacturer and supplier of advanced silicon battery technology, today announced the appointment of Dr. Michael Steiner to its board of directors, bringing decades of product innovation experience to leading global automakers such as Porsche and Daimler.

About Group14 Technologies

Founded to enable the coming electrification of everything, Group14’s breakthrough technology for silicon batteries elevates the performance for all applications to accelerate the global transition to an all-electric future. Group14 currently operates a commercial-scale Battery Active Materials factory in Washington state with two forthcoming factories: one in South Korea as part of a joint venture with SK Group (coming online in 2022) and a second U.S. factory (coming online in 2023). Group14 has raised $441 million in financing from Porsche AG, OMERS Capital Markets, Decarbonization Partners, Riverstone Holdings LLC, Vsquared Ventures, Moore Strategic Ventures, Amperex Technology Limited, BASF, Cabot Corporation, Showa Denko, OVP Venture Partners and SK Inc.

For more information: https://group14.technology/en/

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