Artificial Intelligence: InoBat Auto Launches “Intelligent,” AI-Built EV Batteries
Production of the first intelligent batteries will begin in 2021.
European electric vehicle (EV) battery producer, InoBat Auto announced Friday the launch of the world’s first intelligent electric vehicle battery. The company said it developed the battery through a combination of artificial intelligence (AI) and High Throughput (HTP) technologies within just a year of research and development. (Automotive World)
These technologies enable InoBat to produce batteries that deliver an operational range of 20% more than the current best in class electric vehicles. The company is also able to use less of cobalt. Further, it expects to boost the energy density of the batteries to 330 Wh/kg and 1,000 Wh/I by the end of 2023.
According to TechEu, InoBat is collaborating with investor Wildcat Discovery Technologies for the supply of high throughput R&D technology.
This technology tests multiple variations of battery chemistry and uses AI to pinpoint a composition that is optimal for the auto manufacturer concerned. This means that it can produce custom-built batteries at reasonable costs and scale.
According to InoBat, it’s AI-driven R&D battery center, a world’s first will develop and produce these intelligent batteries next year.
The company also plans to build a EUR 1 billion 10 GWh Gigafactory with the potential to provide 240,000 EVs with high tech, custom-built batteries in 2025.
“The world’s first intelligent battery marks a huge leap forward in the electrification of transport. At InoBat, we want to fast track innovation to ensure the best batteries for any type of electric vehicle. These batteries will be tested and developed further with scale production starting next year,” Company co-founder and CEO Marian said.
“No other battery cell maker has the technology to discover and demonstrate battery chemistries as quick. InoBat can provide its customers with the ‘best’ answer,” he added.
Related Story: ChargePoint Recharges With $127M To Expand Its Network
Latest Alternative Investment News
Banks and mortgage brokers have to grapple with the hundreds of pages of paperwork for every home loan. Apart from being very time consuming, the highly manual process adds heavily…
Keir Ashman, pensions and investments specialist at Bancroft Wealth, points to the increasing demand for sustainable investments and says investors should be discerning in the choices if they want both…
Venture Capital: Apple Invites Applications From Black Founders and Developers For Its Entrepreneur Camp
In a notice on Monday, Apple (NASDAQ: AAPL) said applications were open from Black founders and developers for its Apple Entrepreneur Camp to be held online from February 16-25, 2021.
The Feminist Coalition Group is a group of Nigerian women working towards the aim of feminine equality in terms of rights, finances, and political and legislative power. The movement has…