This Startup Is Planning To Increase EV Range By Boosting Battery Utilization To 120%

The innovative UK start-up Ionetic is popular for its excellence in EV battery pack technology. It has now come up with a new EV battery pack design platform, which can reduce the time and cost of development for automakers that are making new electric vehicles.

Through conventional methods, manufacturing EVs has been expensive and time-consuming for those firms that provide a high-performance and secure battery pack solution. Fully customized designs are simply inaccessible for most consumers. The current off-the-shelf battery pack solutions have low energy density and optimization.

Ionetic brings a perfect blend of cost and customization and helps to escalate the development of battery packs massively. Its innovative software-based platform is expected to increase pack capacity utilization by up to 120 percent while amplifying energy density by 30 percent.

Also, it can develop a battery pack design in just a matter of days and save automobile OEMs over 90 percent on the cost of moving from requirements to mass production. This was made possible as the platform gives a vertically integrated approach to battery pack production, which comprises homologation and mass manufacture, and can automatically develop designs based on multiple fully customizable factors.

The pilot production is slated to start next year after opening its first battery manufacturing facility in the UK.

James Eaton, CEO, and Co-Founder of Ionetic, said, “Automotive companies need to consider requirements, system design, homologation, embedded control, manufacturing options, and vehicle integration, to name a few. At Ionetic we facilitate all these stages, simplifying the process and reducing the cost for EV OEMs. We’re currently focusing on niche automotive companies in the UK and Europe. They typically make less than 10,000 vehicles per year, so probably don’t meet the minimum order quantities of large global battery pack suppliers or can’t meet their high design fees. These niche vehicle-makers are the unsung heroes that keep society functioning.”

Dr. Monica Marinescu, Co-Founder of Ionetic and Senior Lecturer at the Department of Mechanical Engineering, Imperial College London, said, “The EV battery sector is set to grow 15-30 percent annually for the next 10 years and so there is a huge opportunity for an agile start-up such as Ionetic. Our battery solution is the product of a diverse team of battery scientists, educated and trained at Imperial College, one of the world’s leading universities. We leverage the latest, state-of-the-art technologies to help businesses transition to electric mobility.”

Leave a Reply

Your email address will not be published. Required fields are marked *