InoBat and Cosworth have agreed a deal for the supply of battery cells.
InoBat will develop cell chemistry and supply cells to Cosworth for its battery packs.
Cosworth develops propulsion in Northampton, battery and electric vehicle development at Delta, Silverstone and wlectronics in Cambridge.
InoBat CEO Marian Bocek said: “InoBat and Cosworth are ideal partners in accelerating the global rollout of green battery technology in the exciting high-performance automotive market.”
Cosworth CEO Hal Reisiger added: “This is a significant strategic co-operation which will aid Cosworth and InoBat in the acceleration of our battery technology with knowledge and expertise from both parties leading to innovations for future programmes.”