Katsuya Tanaka, Managing Executive Officer, General Manager of Battery Material Division of SMM stated, "Nano One has proven LFP production experience and has demonstrated that their latest technology works at scale, their materials perform, and their costs are competitive. Nano One is also aligned with our belief that less waste and energy intensive CAM production technology is one of the most important keys to contribute to developing EV markets. This is particularly important in Japan, North America, and other emerging markets where the race to meet net-zero goals and establish battery supply chains is just beginning. We are excited to be working with Nano One."