Oxis Energy fails to raise funds with solid-state Li-sulfur battery pivot

August 02, 2021 | Case Study

U.K-based Oxis Energy has mainly focused on the development of solid-state Li-sulfur batteries. In 2020, when we interviewed the company, it claimed that it was able to achieve 400 Wh/kg in cells that provided 60 cycles and 220 Wh/kg in cells that could achieve 1,400 cycles. However, things have not turned out as expected, and the company has failed to commercialize its cells. In its quest to achieve improved metrics over incumbent Li-ion technologies, Oxis Energy has now entered administration.