Farasis Energy, Inc. is an advanced lithium ion battery technology company focused on developing and commercializing innovative energy storage solutions to meet the increasingly critical, global demand for improved battery performance, cost, and safety.
Farasis Energy, Inc. is a pre-IPO company. Our mission is to commercialize world leading battery systems to enable a revolution in energy efficiency addressing the rapidly changing transportation, consumer electronics and power distribution markets.
Farasis Energy
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1.21
Overall Excellence Rating
Industry
Retail & WholesaleCategory
Appliances, Electrical, Electronics ManufacturingESG/Ethical Impact
Our understanding of corporate social responsibility includes the responsibility for sustainable products and production which also includes battery recycling. Ultimately, this can only be achieved by producing and processing raw materials ethically and sustainably from the mine through to end of life management. We therefore use a carbon-neutral process certified by DEKRA to manufacture our cells. In addition, Farasis Energy has a proprietary direct recycling process for lithium-ion batteries. This process is the result of more than 10 years of pioneering research and development in the field of lithium-ion battery recycling. It reduces waste and conserves resources by recovering and reusing valuable lithium-ion battery materials, notably the cathode powder, from used batteries, and cell manufacturing scrap for new production – all whilst maintaining cell performance. The cathode material is one of the most expensive components in cell production.
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Awards Received
2023
Revenues
364000000.00
Website Traffic
Employee Rating
3.10
Customer Rating
Company Size
100-1000
ESG Risk Rating
3.00
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