Indian Firm Scales Single-Walled Carbon Nanotube Production for Batteries and Chips

NoPo Nanotechnologies, a Bangalore-based Indian company, is scaling up production of single-walled carbon nanotubes (SWCNTs) for applications in batteries and electronics. Founded in 2011, the company... Read original →

NoPo Nanotechnologies’ scale-up of single-walled carbon nanotubes (SWCNTs) disrupts material supply chains for both semiconductors and batteries. Technically, consistent sub-2nm-diameter SWCNTs via HiPco could validate carbon nanotube transistors as a viable alternative to EUV-dependent 3nm nodes. In energy storage, NoPo’s dispersions may solve conductivity bottlenecks in sodium-ion batteries. However, while India’s production incentives offer short-term cost advantages, tightening U.S.-EU export controls on nanomaterials will likely increase compliance burdens for global customers. Competitively, OCSiAl is expected to reinforce IP barriers and undercut pricing, while Infineon and GigaDevice may diversify sourcing to mitigate supply risk. Within 18 months, if NoPo secures Series A funding and qualifies for automotive-grade batteries, Asia’s SWCNT capacity balance—long dominated by China and Russia—could shift toward India-Russia rivalry, pressuring TSMC and Samsung to accelerate carbon-based transistor pilot lines.