Nickel-zinc (NiZn) specialist ZAF Energy Systems has received $300,000, the first installment of a $600,000 investment from Missouri’s Department of Economic Development. With the new funding, ZAF will increase production capacity to meet the increasing demand for its NiZn batteries. The company claims that the batteries have double the storage capacity and triple the power of lead-acid batteries in a lighter and more compact package. ZAF also says its batteries are invulnerable to dendrite formation and zinc migration. Currently, ZAF’s priority is to build rapport with the trucking, telecommunications and data storage industries, its largest potential consumers.
“ZAF is now heavily engaged with several large multi-national trucking companies, further proving the significant value opportunity we create for our partners and customers through value-added battery solutions. We believe that our battery technology can remove certain barriers from outdated battery chemistries that are impairing the trucking industry to enable the electrification of next-generation trucks and drive improved fuel efficiency,” says ZAF CSO Dave Wilkins.
Source: ZAF via Green Car Congress