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NEO Battery Secures Second Fortune 500 Automotive Customer, Expanding Engagement with Global OEMs
NEO Battery Secures Second Fortune 500 Automotive Customer, Expanding Engagement with Global OEMs...
About this update from Neo Battery Materials Ltd
[{"type":"text","content":"\n\n\nNEO Battery Secures Second Fortune 500 Automotive Customer, Expanding Engagement with Global OEMs\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\nCanada NewsWire\n\n\nMarks NEO's Second Battery Purchase Order from a North American Fortune 500 Automotive Company via EN+In-Production & Near-Term Shipment of Pilot-Scale Battery Products for Automotive Integration TestingDemonstrates Repeat Fortune 500 OEM Validation Following Recent Initial OrderNEO's Consistent & Industry-Grade Battery Products De-Risking Battery Testing & Market Entry for Start-Ups and Established CompaniesTORONTO, Dec. 16, 2025 /CNW/ - NEO Battery Materials Ltd. (\"NEO\" or the \"Company\") (TSXV: NBM) (OTC: NBMFF), a low-cost, silicon-enhanced battery developer that enables longer-running, rapid-charging batteries for drones, robotics, and electronics, is pleased to receive a second battery purchase order for near-term delivery from a Fortune 500 automotive OEM (\"Customer\"), arranged via ENPLUS Co. (\"EN+\"), which is coordinating commercial supply with the Customer.\n\n\n\n\n\n\n\nThe purchase order, arranged via ENPLUS Co. (\"EN+\"), relates to a North America-based Fortune 500 automotive company and follows the Company's initial purchase order from an Asia-based Fortune 500 automotive OEM announced last week. The orders will be delivered over the subsequent months and represent the next step toward securing longer-term commercial supply agreements with automotive OEMs.\nThe second order further reinforces NEO Battery's leading quality and performance, delivered through its proprietary technology and manufacturing. The pilot-scale battery products are currently in production and will be shipped promptly for the Customer's integration testing in automotive applications. Revenues are expected to be recognized upon the delivery of the contracted products.\n\"The order reflects the Customer's interest and trust in NEO's ability to manufacture industry-grade, high-performance battery electrodes and cells under production-like conditions,\" stated Dr. J.S. Jeoung, SVP of Cel...