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Oxis Faces Bankruptcy A Month After Announcing 450 Wh/kg Cells

Oxis Faces Bankruptcy A Month After Announcing 450 Wh/kg Cells May 27, 2021 at 8:47am ET ++ Deliveries of Quasi Solid-State lithium-sulfur batteries were promised to start in Autumn 2021. OXIS Energy announced recently that soon it will start delivering its Quasi Solid-State lithium-sulfur (Li-S) batteries to customers for trial applications, proof of concept and demo systems. Those batteries were promised to offer energy densities of 450 Wh/kg and 550 Wh/L (potentially suitable for electric aircrafts). However, according to Electrive, the company is thin on cash and faces bankruptcy due to a lack of new investments. As the British accountancy firm BDO LLP, which says it has been appointed to wind up Oxis Energy Limited, writes in a statement obtained by our editors, the majority of the 60 staff employed at the headquarters and other sites in Oxfordshire and South Wales have been made redundant. Simon Girling and Chris Marsden of

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