Enevate Secures Funding from LG Chem to Accelerate Fast Charge Li-Ion Battery Technology Development for Electric Vehicles
Enevate Corporation , an advanced lithium-ion (Li-ion) battery technology company, announced that LG Chem , a leading high volume battery manufacturer in South Korea, has participated in Enevate’s recent funding. This investment is a nod to the viability of Enevate’s technology which could enable Electric Vehicles (EVs) to charge in the same time as gas cars without compromise.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181023005147/en/
Enevate’s HD-Energy® Technology for EVs allows Li-ion batteries to be charged to 75 percent capacity in five minutes , while also providing higher energy densities than available for today’s current long-range EVs. They can also safely charge and discharge down to -40°C and capture more energy during regenerative braking, extending their range in cold climates.
“The strategic investment from LG Chem indicates the significance of our technology because it could directly address consumer concerns with EVs, such as charge time and range anxiety, cost, and safety,” says Robert A. Rango , Enevate’s President and CEO. “We look forward to our strategic partnerships with companies such as LG Chem to commercialize advanced batteries that will accelerate the adoption of EVs worldwide.”
Enevate offers a complete HD-Energy Technology and licensing package to rapidly enable global EV automotive and EV battery manufacturers to quickly achieve production volume and drive adoption of next-generation features that take EVs to the next level.
Enevate Corporation , with global headquarters 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. Enevate's pioneering work on silicon-dominant anodes and cells has resulted in its breakthrough HD-Energy® Technology featuring extreme fast charging with uncompromised high energy density, excellent low-temperature operation for cold climates, low cost, and safety advantages over conventional graphite Li-ion batteries.
Investors include Mission Ventures, Draper Fisher Jurvetson, Tsing Capital, Infinite Potential Technologies, Presidio Ventures – a Sumitomo Corporation company, CEC Capital, Samsung, Lenovo, and LG Chem. Enevate, the Enevate logo, HD-Energy, and eBoost are registered trademarks of the Enevate Corporation. To learn more about, or to license, Enevate’s industry-defining battery technology, visit www.enevate.com .
Enevate Media Contact:
Information om Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco
Følg pressemeddelelser fra Business Wire
Skriv dig op her, og modtag pressemeddelelser på e-mail. Indtast din e-mail, klik på abonner, og følg instruktionerne i den udsendte e-mail.
Flere pressemeddelelser fra Business Wire
CA-VELODYNE-LIDAR,-INC.19.3.2019 02:02:07 CET | Pressemeddelelse
Velodyne Demonstrates Lidar Solution for Rich Perception Data Collection on NVIDIA DRIVE Platform
WESTERN-UNION19.3.2019 02:02:07 CET | Pressemeddelelse
Western Union Teams Up with Thunes to Expand Payout Capabilities to Mobile Wallets
WI-KOHLER-CO.19.3.2019 01:24:05 CET | Pressemeddelelse
Kohler Celebrates the Details of Design at Milan Design Week 2019
AMS19.3.2019 01:11:14 CET | Pressemeddelelse
ams and Wise Road Capital Advance Further Development for Environmental, Flow and Pressure Sensors Through Creation of a Joint Venture
NY-WEWORK-COMPANIES19.3.2019 00:46:12 CET | Pressemeddelelse
The We Company FY 2018 Financial Results Conference Call
NV-RIMINI-STREET19.3.2019 00:02:10 CET | Pressemeddelelse
FANCL Regains Control of Their IT Roadmap by Switching to Rimini Street Support for its SAP Application
I vores nyhedsrum kan du læse alle vores pressemeddelelser, tilgå materiale i form af billeder og dokumenter samt finde vores kontaktoplysninger.Besøg vores nyhedsrum