Enevate and NantG Power, two leading companies at the forefront of battery innovation, enabling high-speed charge and energy density battery technologies for electric vehicles (EVs) and other markets, have recently announced a strategic alliance for the manufacture of a next-gen battery. This strategic alliance leverages their respective expertise in cathode and anode innovations to advance and commercialize a breakthrough silicon-dominant battery technology set to make a significant impact in the fields of transportation, mobility, and beyond.
Through this partnership and licensing agreement, Enevate and NantG Power are poised to deliver groundbreaking solutions that address the escalating demands of the battery market. Their shared objective is to push the boundaries of existing battery technologies while maintaining a strong focus on cost-effectiveness and sustainability. This collaborative effort aims to expand market penetration by democratizing access to affordable and revolutionary next-generation battery technology.
Located in El Segundo, California, NantG Power, a member of the NantWorks ecosystem, is renowned for ultra-high-performance lithium-ion battery cell technology, with a particular emphasis on enhancing energy density and rapid charging capabilities. Its innovative approach employs advanced techniques, such as artificial intelligence and Multiphysics computer modeling, to create tailor-made battery cells that excel in terms of performance, cost-efficiency, and sustainability. NantG Power's ambitious vision includes doubling the current battery performance by focusing on novel anode/cathode nano-materials, 3D ionically and electronically conductive scaffolds, engineered interphases, next-generation electrolytes, improved manufacturing techniques, and enhanced analytics.
To expedite the development and integration of next-generation batteries into electric micromobility, NantG Power and Enevate plan to manufacture these batteries at multiple gigawatt-hour (GWh) capacities. These batteries will be incorporated into products associated with NANT, including heavy-lift drones, electric scooters, and rapid-charge storage systems.
For Enevate, the production license agreement with NantG Power represents a pivotal step toward commercializing their groundbreaking silicon-dominant battery technology. This technology offers up to ten times faster charging compared to conventional lithium-ion batteries while also delivering high energy densities and numerous other advantages, such as enhanced safety, reliable operation in cold climates, and a reduced carbon footprint. Importantly, Enevate's technology seamlessly integrates with state-of-the-art battery manufacturing equipment, eliminating the need for costly new production processes. With its rapid charging capability, Enevate's technology empowers batteries to recharge in as little as five minutes, all while delivering top-tier energy density and performance.
About Enevate
Enevate is a company specializing in the development and licensing of advanced battery technology tailored for electric vehicles (EVs). Its overarching vision entails the realization of EVs capable of charging as swiftly as refueling traditional gasoline-powered cars, all while ensuring accessibility and affordability for a broad spectrum of consumers, thereby expediting the widespread adoption of EVs. The company prides itself on an extensive portfolio comprising 649 patents, both issued and currently in progress. Enevate's pioneering innovations, characterized by the integration of accelerated battery testing and machine learning, revolve around silicon-dominant anodes and cells.
About NantG Power
NantG Power is renowned for its ability to deliver revolutionary battery technology breakthroughs that facilitate the rapid growth of various industries worldwide, encompassing renewable energy storage, the electrification of automobiles, aviation, heavy equipment, consumer electronics, and data centers, among others. The company is dedicated to the intelligent identification, development, and deployment of the most innovative technologies, with a core mission of leaving the world in an improved state compared to its initial condition. This objective is achieved through the utilization of novel materials, inventive designs, and unconventional approaches complemented by world-class data analytics.