“LiCAP Technologies has demonstrated the Activated Dry Electrode® process to be superior to the existing wet slurry technology which uses toxic chemicals and energy demanding processes to produce battery electrodes. The proprietary Activated Dry Electrode® process eliminates the need for wet slurries and large drying ovens to save floor space, labor, energy, and eliminates the risk of exposure to toxic NMP solvent. Mass production using this technology would reduce the floor space by at least 65% and reduce energy consumption by 70%. This process is compatible with any battery chemistry, simplifies electrode manufacturing process, and enables high energy and high power density batteries for both EV and ESS applications,” LiCap claims