Post by nafizcristia99 on Mar 11, 2024 5:12:28 GMT -5
Compared to lithium batteries, the ions only have to travel a short distance, which makes charging and discharging much faster. Using a solid material rather than a liquid also means that the battery cannot catch fire or explode. As the startup’s CEO and co-founder Karl McGoldrick previously explained to TNW, the heightened surface area inside the battery allows for an almost record-breaking energy density of Wh/kg. Tesla’s , cells, for comparison, measure somewhere between - Wh/kg. The < of EU tech The latest rumblings from the EU tech scene, a story from our wise ol' founder Boris, and some questionable AI art. It's free, every week, in your inbox. Sign up now! Your email address I agree to TNW storing and processing my personal data to receive the requested newsletter(s).
For more information check out TNW's Privacy Policy.* LionVolt further claims its batteries weigh % less and provide % better performance compared to the most advanced lithium-ion batteries available today Uruguay Mobile Number List The cells can already be used in wearables, but the company eventually plans to build a gigafactory in Eindhoven to make batteries for EVs. Armed with fresh equity funding, which brings the company’s total raised so far to €mn, LionVolt looks to embark on the next phase of growth. “A big thank you to our investors for their confidence in us,” the company said on LinkedIn. “Looking forward to accelerating LionVolt as a leading next-gen battery company by leveraging the core strengths of our teams in the Netherlands and the UK.
The announcement comes just two weeks after AMTE Power, which went bankrupt in December, specialised in lithium-ion and sodium-ion cells used in high performance EV batteries and long-duration energy storage. Under the deal, LionVolt now owns the company’s battery-cell manufacturing and production businesses based in Thurso, Scotland. It will repurpose the site to produce its own solid-state battery technology. Sandeep Unnikrishnan, CTO of LionVolt, called it a “dream scenario” for a deeptech company like theirs.
For more information check out TNW's Privacy Policy.* LionVolt further claims its batteries weigh % less and provide % better performance compared to the most advanced lithium-ion batteries available today Uruguay Mobile Number List The cells can already be used in wearables, but the company eventually plans to build a gigafactory in Eindhoven to make batteries for EVs. Armed with fresh equity funding, which brings the company’s total raised so far to €mn, LionVolt looks to embark on the next phase of growth. “A big thank you to our investors for their confidence in us,” the company said on LinkedIn. “Looking forward to accelerating LionVolt as a leading next-gen battery company by leveraging the core strengths of our teams in the Netherlands and the UK.
The announcement comes just two weeks after AMTE Power, which went bankrupt in December, specialised in lithium-ion and sodium-ion cells used in high performance EV batteries and long-duration energy storage. Under the deal, LionVolt now owns the company’s battery-cell manufacturing and production businesses based in Thurso, Scotland. It will repurpose the site to produce its own solid-state battery technology. Sandeep Unnikrishnan, CTO of LionVolt, called it a “dream scenario” for a deeptech company like theirs.