Sweden pledges extra $19m in Loss and Damage Fund
Sweden pledges additional $19 million to the Loss and Damage Fund at the 29th United ...
The world’s first ‘intelligent’ electric vehicle battery has been launched to the world by European EV battery producer, InoBat Auto.
Speaking at the GLOBSEC Tatra Summit 2020, Marian Bocek, the CEO of Inobat Auto, announced that after only a year of research and development, his firm is now able to unveil the world’s first battery developed through a combination of artificial intelligence (AI) and high throughput (HTP) technology.
InoBat’s technology-led approach to battery production enables them to create better batteries more quickly and efficiently, while delivering an increase in operational range for current best-in-class electric vehicles of almost 20%.
This technology enables InoBat to reduce its dependence on cobalt, in addition to also boosting energy density to a goal of 330 Wh/kg and 1,000 Wh/L by the end of 2023.
Marian Bocek commented: “It is with great pride that I can introduce the world to the first intelligent battery cell. InoBat is a world leader in battery cell innovation, and our vision to create the best batteries customised to meet the highest performance, safety and cost needs of electric vehicles is today a reality.”
The company is developing a world-first AI-driven battery research centre and production line in Voderady, Slovakia, which will begin producing its first intelligent batteries in 2021.
InoBat is also progressing plans to build a €1 billion ($1.1 billion) 10 GWh Gigafactory with the potential to provide 240,000 EVs with cutting edge, bespoke batteries in 2025.
The battery launch comes just days after former CEO Aston Martin and COO of Nissan, Dr. Andy Palmer joined InoBat as Non-Executive Vice Chairman to drive the company’s vision for electrification forward.
Bocek added: “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.”
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