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Enevate announces battery production agreement with EnerTech

Battery maker Enevate has announced a new production license agreement with battery cell producer EnerTech International to commercialize Enevate’s silicon-dominant, XFC-Energy battery technology in the transportation, mobility and reserve power markets.

The production license agreement with EnerTech is the next milestone in Enevate’s technology roadmap that leads to commercialization scheduled for 2022. Pre-production batteries have been built and tested using EnerTech’s existing lithium-ion battery manufacturing equipment. Under the agreement, Enevate will deliver enabling technology to accelerate EnerTech’s market expansion and triple its manufacturing capacity output.

Enevate says its next-gen technology delivers up to 10 times faster charging than conventional lithium-ion batteries, along with other benefits, including improved safety and low-temperature operation for cold climates.

“Combining EnerTech’s world-class manufacturing base with Enevate’s revolutionizing 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 CEO Duke Oh.

“This production license agreement with EnerTech represents another step toward establishing Enevate technology as the de facto standard for offering fast charge, high energy density, and improved safety,” said Enevate CEO Robert A. Rango.

Source: Enevate

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