Enevate has unveiled a new production licence agreement with EnerTech International to commercialise Enevate’s silicon-dominant, XFC-Energy battery technology in the transportation, mobility and reserve power markets.
South Korea-based EnerTech International delivers lithium-ion cells using manufacturing facilities for large format batteries.
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The production licence agreement with EnerTech is the next milestone in Enevate’s technology roadmap that leads to commercialisation scheduled for 2022. Pre-production batteries have been built and tested using EnerTech’s existing lithium-ion battery manufacturing equipment. With the agreement, Enevate will deliver enabling technology to accelerate EnerTech’s expansion and triple its manufacturing capacity output.
Enevate maintains its next-gen lithium-ion battery technology delivers up to ten times faster charging than conventional lithium-ion batteries with high energy densities along with other benefits, including improved safety and low-temperature operation for cold climates. With its Extreme Fast Charge capability, Enevate technology allows a battery to charge in five minutes.
“Combining EnerTech’s manufacturing base with Enevate’s technology will enable our growth plans across multiple segments as we match development pace with our customers’ ever-increasing battery specification requirements, now and into the future,” said EnerTech International CEO, Duke Oh.
Enevate’s battery technology is compatible with lithium-ion cathode chemistries plus solid-state electrolytes and is manufacturable using existing production lines and capital equipment.
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