Elevated Materials, a key player in advanced battery materials, is set to significantly ramp up its production of ultra-thin lithium metal films, with plans to triple capacity in 2026 to meet escalating customer demand. The company closed out 2025 with its highest output to date, supplying more than 30 customers globally.
Scaling Up for Commercial Battery Programs
The company’s commitment to expansion is driven by strong market signals. In 2025, Elevated Materials saw a substantial uptick in orders, highlighted by the delivery of over 100 kilometers of lithium film to a single customer. This large-scale delivery underscores the growing need for high-quality, scalable lithium metal solutions in the electric vehicle (EV) and energy storage sectors.
Technological Advancements and Market Focus
Established in February 2025 with backing from the TPG Rise Climate Fund, Elevated Materials has focused on its proprietary roll-to-roll vacuum deposition platforms. These systems produce ELi, an ultra-thin lithium metal film designed to enhance anode architectures. The material is crucial for applications spanning electric vehicles, consumer electronics, aviation, and grid-scale energy storage.
CEO Highlights Demand for Safer, High-Performance Batteries
Jim Cushing, CEO of Elevated Materials, emphasized the industry’s long-standing search for reliable, high-quality ultra-thin lithium films. “The industry has long been seeking a reliable source of high-quality, ultra-thin lithium films to improve battery performance,” Cushing stated. He added, “Demand has been particularly strong for lithium metal anodes, where ELi significantly improves both safety and performance.”
Gigawatt-Hour Scale Manufacturing on the Horizon
Looking ahead, Cushing confirmed the company’s aggressive scaling strategy. “As we move into 2026, Elevated Materials will continue ramping to true gigawatt-hour scale manufacturing,” he said. “With accelerating customer demand, we are tripling production capacity to support the commercial battery programs of our key customers.” This strategic expansion is poised to support the widespread adoption of next-generation battery technologies.
