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Renault Alliance invests in Enevate to advance battery technology for EVs

November 15, 2018, 06:33 AM IST by Santosh Nair
Renault Alliance invests in Enevate to advance battery technology for EVs

>Enevate Corporation, based in California, USA, develops and licenses advanced silicon-dominant Li-ion battery technology that revolutionizes the electric vehicle (EV) market by breaking down barriers to EV adoption

>The company’s research in the field of silicon-dominant anodes and cells, has resulted in its breakthrough HD-Energy technology featuring extreme fast-charging with uncompromised high energy density and other advantages over conventional graphite Li-ion batteries


It was just last week that the Renault Alliance (Renault-Nissan-Mitsubishi) announced their investment in ‘Transit’ to fulfil the company’s autonomous mobility goals. Now, the group is back in the news after announcing its investment in Enevate Corporation.

The investment reflects Enevate’s knowhow in breakthrough Li-ion battery technology that’s capable of extreme fast-charging with high energy density. Enevate’s technology can essentially enable electric vehicles (EVs) to charge in the same amount of time that conventional cars take to refuel!

Enevate’s HD-Energy technology for EVs features five-minute fast charging with long driving range and an added focus on low-temperature operation for cold climates, low cost and safety benefits. Just for the record, this short charging time is superior to any other Li-ion technology available today.

Francois Dossa, Alliance Global VP, said, “We are pleased to participate in Enevate’s latest funding round. This strategic investment allows us to support the development of Enevate proprietary cutting edge electrode technology. Continued development in this critical field will help us accelerate the electrification of our vehicles.”

 

Tags:Mitsubishi,Renault,Nissan
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