Co-funded PoC Agreement with Global Top 5 Auto OEM

Gelion PLC

13 October 2026

 

13 October 2026

Gelion plc

("Gelion", the "Company" or the "Group")

Proof of Concept Agreement with Major Global Automotive OEM

Global automotive OEM to evaluate Gelion's NES™ cathode active material for EV battery applications

Gelion is seeking to replace the critical minerals in current Lithium-ion battery cathodes with the Company’s Nano-Encapsulated Sulfur (NES™) that are low cost and can be dropped into existing global manufacturing lines. Gelion’s NES™ is made from sulfur which is abundantly available and free from supply chain constraints. 

Gelion (LSE: GELN), the sulfur battery company, is pleased to announce that it has entered into a co-funded Proof of Concept Agreement (the "Agreement") with a top five global automotive original equipment manufacturer (OEM Partner), to jointly undertake a pilot program to test and evaluate Gelion's proprietary Nano-Encapsulated Sulfur (NES™) cathode active material under conditions relevant to electric vehicle (EV) battery applications.

Under the Agreement, the OEM Partner will supply engineering expertise, advanced battery testing facilities and capabilities, and a contribution to the program funding. Gelion will conduct complementary testing to correlate performance data throughout the programme.

This agreement  represents the first co-funded evaluation program by a global automotive OEM of battery cells incorporating Gelion's NES™ cathode material with a graphitic anode following the Materials Testing Agreement (MTA) with a top 15 global automotive player announced last week. NES™ has the potential to be a drop-in cathode material for existing battery production lines without major re-tooling.

Highlights

• First co-funded program to evaluate cells built and designed with Gelion’s NES™ with a graphitic anode by a global automotive OEM
• OEM Partner is contributing engineering expertise and battery testing facilities.
• Broadens Gelion’s development and testing in EV applications, beyond ongoing program with Nissan UK utilising NES™ for solid state battery development and MTA with a top 15 global automotive OEM announced last week.
• Successful completion will represent an important step in the automotive industry's validation of Gelion's NES™ cathode material

Gelion's NES™ cathodes are designed to be compatible with standard anodes and electrolytes currently used in battery manufacturing and have been demonstrated for use with a wide variety of battery chemistries for applications including EVs, devices and military and commercial drones. 

Commenting on the Agreement, Matt Wood, Gelion CEO, said, "This agreement with a top 5 global automotive manufacturer marks a major milestone in the validation of our NES™ cathode material. Combining Gelion's materials expertise with the OEM Partner’s engineering capability and battery testing facilities provides an excellent opportunity to demonstrate the performance and manufacturability potential of our material for demanding automotive applications.”

“We believe NES™ has the potential to address key challenges for EVs by using abundant sulfur and domestic supply chains to deliver high performance at a wide range of temperatures as a drop-in to existing production lines.  We look forward to working with the OEM Partner to test Gelion’s NES™."

For more information, please visit Next-Generation Sulfur Battery Technologies | Gelion or contact:

Gelion plc Matt Wood, CEO Amit Gupta, CFO	via Tavistock
Strand Hanson Limited (Nominated and Financial Adviser) Christopher Raggett / Rob Patrick / Harry Marshall	[phone]
Oberon Capital (Joint Broker) Nick Lovering / Mike Seabrook / Adam Pollock	[phone]
Allenby Capital Limited (Joint Broker) Jos Pinnington / Lauren Wright (Sales and Corporate Broking) Alex Brearley / Ashur Joseph (Corporate Finance)	[phone]
Tavistock (Financial & Corporate PR) Simon Hudson / Nick Elwes / Rebecca Hislaire / Saskia Sizen	[phone] [e-mail]

Market Abuse Regulation

This announcement contains inside information for the purposes of Article 7 of EU Regulation No. 596/2014, which forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended.

About Gelion

Gelion plc (LSE: GELN) is an advanced battery materials company developing next-generation cathode technologies for lithium-ion and lithium-sulfur batteries. Its proprietary Nano-Encapsulated Sulfur (NES™) cathode active material is designed to replace conventional critical-mineral cathodes with abundant sulfur, delivering higher energy density while remaining compatible with existing battery manufacturing infrastructure.

The Company's strategy is to commercialise NES™ through partnerships with leading industrial companies and battery manufacturers, enabling adoption within established global supply chains across automotive, defence, device and other high-performance applications. Gelion works with Tier One industrial partners including TDK (Japan), QinetiQ and Nissan (UK), Top 15 Global Automotive Manufacturer, Top 5 Global Automotive Manufacturer, and National Laboratory of the Rockies (NLR) (US), and Max Planck Institute of Colloids and Interfaces (MPI) (Germany).

For more information, visit www.gelion.com

-ends-

 

END