The funding was secured in partnership with WAE Technologies Ltd (WAE), the Universities of Coventry and Cambridge, and is provided by Innovate UK, part of UK Research and Innovation (UKRI). UKRI provides targeted industries with expertise, facilities and funding to test, demonstrate and develop their ideas, driving UK productivity and economic growth. Nyobolt and its partners will use the funding to accelerate their mission of bringing ultra-fast charging, high-performance and long-life battery technologies to the automotive industry.
Called EXtrAPower (Enabling Xtreme Automotive Power), the collaboration brings together world-leading advanced automotive engineering and electrification expertise through WAE, Coventry University’s battery development and optimization, Cambridge University’s advanced battery chemistry research and Nyobolt’s innovations – End-to-end battery technology.
“Nyobolt’s battery technology solves the market failure of high power and long cycle life in automotive applications,” said Dr. Sai Shivareddy, CEO of Nyobolt. “EXtaAPower will accelerate the adoption of our new technology and the accompanying transition to zero-emission vehicles. We are excited to be working with leading experts in the field to advance innovative ultra-fast charging batteries for vehicles.”
Nyobolt is commercializing battery technology with significant advantages over current state-of-the-art. The project will optimize battery performance over an extended operating temperature range and extend cycle life. The results will provide improved performance and greater efficiency to advance the transition to zero-emission vehicles.
Professor Alexander J. Roberts, Chair of Energy Storage at Coventry University, added: “This project enables us to continue our close collaboration with Nyobolt, following the award of two Faraday Institute industry fellowships.” “Through this project, we will continue to support them Battery development, prototyping and testing activities in the UK, helping them on the road to full commercialization.Cambridge University and WAE as two other consortium partners, the opportunity to enable rapid progress and extensive learning at all stages of technology development is important .”
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