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CHASM and Ingevity Expand Partnership Through License Agreement to Secure Local CNT Supply Chain for North American and European EV Battery Gigafactories
CHASM Advanced Materials, Inc. (CHASM) announced today the signing by Ingevity Corporation (NYSE: NGVT) of a license agreement for CHASM's patented, low-cost, and highly scalable carbon nanotube (CNT) production technology. The agreement grants Ingevity the rights to manufacture CHASM's NTeC®-E CNT conductive additives for battery applications in North America and select European countries.
About this update from Ingevity Corporation
[{"type":"text","content":"CANTON, Mass., Nov. 11, 2025 /PRNewswire/ -- CHASM Advanced Materials, Inc. (CHASM) announced today the signing by Ingevity Corporation (NYSE: NGVT) of a license agreement for CHASM's patented, low-cost, and highly scalable carbon nanotube (CNT) production technology. The agreement grants Ingevity the rights to manufacture CHASM's NTeC®-E CNT conductive additives for battery applications in North America and select European countries.","length":446,"tagName":"p"},{"type":"image","alt":"CHASM is a U.S.-based carbon nanotube producer enabling global, low-cost, and scalable CNT manufacturing through its technology licensing model.","displaySize":"","headline":null,"caption":"CHASM is a U.S.-based carbon nanotube producer enabling global, low-cost, and scalable CNT manufacturing through its technology licensing model.","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":196,"url":"https://media.zenfs.com/en/prnewswire.com/e5c730d271d1016de066c7e7013c4a65"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/lr026IlH1HS_UIYK9IgL7Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM0NTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/e5c730d271d1016de066c7e7013c4a65","width":400,"height":196}},"href":"https://mma.prnewswire.com/media/2818953/CHASM_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Building upon the joint development agreement (JDA) signed in February 2024, this new license strengthens the partnership between the two companies and advances their shared mission to build secure, local supply chains for high-performance battery materials supporting the rapidly expanding EV gigafactory ecosystem in North America and Europe.","length":344,"tagName":"p"},{"type":"text","content":"Under the JDA, CHASM's NTeC®-E CNT was validated by Ingevity's battery laboratories, battery OEMs, and third-party testing facilities to be not only more conductive than other commercial CNT products, but also to deliver superior capacity retention at high C-rates and over extended cycle life — in both commercial lithium-ion cathodes and silicon anodes.","length":363,"tagName":"p"},{"type":"text","content":"CHASM's NTeC®-E high-purity, high-performance conductive CNT additives are designed to integrate seamlessly into commercial lithium-ion cathode, high-nickel cathode, silicon anode, ...