- WAE and Nyobolt have signed a strategic collaboration designed to support the next generation of high power density batteries
- The new class of niobium-powered lithium-ion battery technology from Nyobolt delivers a step change in power density, cycle life and fast charging capability, offering 10 times that of conventional EV Battery Systems in the market place today
- The technology has ideal attributes for high performance vehicles, such as motorsport – a sector in which WAE is actively involved as sole battery provider for Extreme E, Formula E Gen 3 and ETCR.
- They are also relevant for heavy duty powertrains such as those used in mining, and other commercial applications where cycle life and uptime are critical characteristics
WAE and niobium-based battery start-up, Nyobolt, announce an engineering and systems integration partnership designed to support and advance an additional solution for the next generation of high power battery systems.
The initial steps in this partnership will be to further assess and develop the technology in a close collaboration, with the next steps being technology demonstration activities to grow market awareness of this exciting technological development.
Nyobolt, a fast growing company tracing its roots to Cambridge University, was founded by Professor Clare Grey and Dr Sai Shivareddy to introduce ultra-fast charging batteries into the market based on a decade of research on new battery anode materials.
The new class of battery technology has been designed to support ultra-fast charging capability, ideally suited to motorsport applications; a sector in which WAE is currently a leading provider supporting battery provision for Extreme E, Formula E Gen 3 and ETCR.
In addition, the technology will be appropriate for heavy duty powertrains such as those used in mining, a sector currently targeting a zero emissions goal.
With a life cycle significantly higher than standard lithium-ion batteries, the technology is perfectly suited for next generation applications that require high power, long life or high cycling. The market opportunity is expected to be over 30 gigawatt hours.
“We are delighted to be part of this engineering and systems integration partnership that we believe will address a wide range of opportunities across a number of diverse applications and we look forward to working with the team at Nyobolt” said Paul McNamara, Technical Director, WAE.
Nyobolt CEO Dr Sai Shivareddy added “Nyobolt is on a mission to supercharge the electric revolution with our ultra-fast charging, ultra-high power density battery systems. Our technology is perfectly suited to the arenas within which WAE operates, including electric powertrains and other power hungry applications ranging from motorsports to heavy industrial applications and we are delighted to be part of this exciting collaboration with them”