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IONETIC says its EV battery pack technology can cut costs and development time for automakers

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UK start-up IONETIC has launched a new battery pack design platform that’s designed to cut the development cost and time for auto manufacturers bringing new EVs to market.

According to IONETIC, custom battery pack designs are often unaffordable, but off-the-shelf solutions suffer from low energy density and poor optimization. This dilemma is especially problematic for lower-volume niche automotive manufacturers with unique requirements.

IONETIC aims to overcome these problems by offering a balance of cost and customization. The company says its software-based platform can boost energy density by 30% and increase utilization of pack volume by up to 120%, compared to existing off-the-shelf solutions.

IONETIC says it can produce a battery pack design in days, and greatly reduce the costs of reaching mass production. The platform can automatically generate designs according to a series of adjustable parameters, while offering a vertically integrated solution for battery pack production.

IONETIC is planning to open its first UK-based battery manufacturing facility next year, which will enable it to begin pilot production of its own battery pack designs.

“There are many stages needed to get a battery pack into production. Automotive companies need to consider requirements, system design, homologation, embedded control, manufacturing options, and vehicle integration, to name a few,” said James Eaton, CEO and co-founder of IONETIC. “These stages are often done by different companies, which can lead to a costly, fragmented process. At IONETIC we facilitate all these stages, simplifying the process and reducing the cost for EV OEMs.”

“We’re currently focusing on niche automotive companies in the UK and Europe,” Eaton continues. “They typically make less than 10,000 vehicles per year, so probably don’t meet the minimum order quantities of large global battery pack suppliers, or can’t meet their high design fees. Trucks, buses, construction vehicles, service vehicles and emergency vehicles all need to electrify in the next decade. We’re also in talks with iconic car brands and sports car manufacturers.”

Source: IONETIC

This article was originally published by Chargedevs.com. Read the original article here.
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