A Canadian underdog claims it has finally built a better battery than China. (Semafor)
NEO Battery Materials announced that its new silicon anode drone batteries deliver a 50% capacity improvement over rival products, asserting it has technically surpassed the Chinese giants (like CATL and BYD) that currently have a stranglehold on the market.
The bottom line: With Chinese energy storage orders rising 144% annually in 2025, Western governments are desperate for a viable alternative. NEO is explicitly marketing its tech as a geopolitical shield against “supply chain concentration and security concerns.”