CustomCells, a leader in premium battery technology, today announces a production license agreement with California-based company Enevate. This partnership marks a significant stride in bringing Enevate’s groundbreaking XFC-Energy® silicon-dominant battery technology to the European and global markets, especially in the electric vehicles (EVs) and mobility sectors.
Battery development and industrialization accelerator CustomCells is gearing up to extend its production in the coming years, targeting gigawatt-hour (GWh) capacities for diverse applications. The agreement with Enevate, a battery innovation company based in California, USA, marks an important step in CustomCells’ ongoing efforts to innovate and industrialize premium battery technology on a global scale. The German battery pioneer has successfully constructed cells using Enevate’s advanced silicon-dominant battery technology and engaged in joint commercial dialogues with top OEMs in the e-mobility domain.
Ten times faster charging
Enevate’s silicon-dominant battery technology, known for its ultra-fast charging capabilities, aligns with CustomCells’ commitment to innovation and sustainability. The technology boasts up to ten times faster charging than traditional lithium-ion batteries, alongside high energy densities, enhanced safety, cost-effectiveness, superior low-temperature performance, and a reduced carbon footprint. Notably, Enevate’s technology is compatible with existing battery manufacturing infrastructure, eliminating the need for new capital-intensive processes.
Accelerating the industrialization of high-silicon anode technology
“Combining CustomCells’ world-class manufacturing capabilities with Enevate’s ultra-high- performance battery cell chemistry will enable our companies to jointly grow in multiple key mobility market segments. This license agreement is an important milestone for CustomCells to accelerate the industrialization of this high-silicon anode technology,” says Dr. Dirk Abendroth, CEO of CustomCells.
Enevate CEO Bob Kruse also highlighted the partnership’s importance: “Enevate looks forward to our collaboration with CustomCells to commercialize the Enevate technology addressing the final hurdle to widespread electric vehicle adoption, by offering extreme fast charge, high energy density and improved cold temperature performance. We are extremely proud to establish this partnership to supply the transportation and specialty markets with CustomCells. It shows the trust our partner has in our technology and further validates Enevate’s business model.”
High-performance, sustainable, and cost-effective battery technologies
The partnership between CustomCells and Enevate is set to significantly advance the battery industry, offering innovative solutions that meet the growing global demand for high-performance, sustainable, and cost-effective battery technologies. This collaboration aims to enhance market penetration with next-generation battery technology, catering to a wide array of applications.
-Ends-
About Enevate
Enevate develops and licenses advanced battery technology for electric vehicles (EVs), with a vision of EVs charging as fast as refueling gas cars, accessible and affordable to everyone, and accelerating EVs’ mass adoption. Boasting a portfolio of 649 patents issued and in process, Enevate’s pioneering advancements (including leveraging accelerated battery testing and machine learning) in silicon-dominant anodes and cells have resulted in battery technology that features five-minute extreme fast charging with high energy density, low-temperature operation for cold climates, low cost and safety advantages over conventional batteries. Enevate’s vision is to develop and propagate EV battery technology that contributes to a clean and sustainable environment. The Irvine, California-based company’s investors include Renault-Nissan-Mitsubishi (Alliance Ventures), LG Chem, Samsung Venture Investment Corp, Fidelity Management & Research Company, Mission Ventures, Draper Fisher Jurvetson, Tsing Capital, Infinite Potential Technologies, Presidio Ventures – a Sumitomo Corporation company, Lenovo, CEC Capital, and Bangchak. Enevate®, the Enevate logo, HD-Energy®, XFC-Energy® and eBoost® are registered trademarks of Enevate Corporation.
