New Delhi: AMTE Power Plc, a producer of battery cells on Friday signed a memorandum of understanding (“MoU”) with automotive engineering firm Cosworth to help the event of next-generation electrical automobiles.
The non-binding MoU paves the best way for AMTE Power to produce its Ultra High Power (“UHP”) cells to be used in Cosworth’s superior propulsion applied sciences.
Kevin Brundish, CEO of AMTE Power, commented, “This collaboration with Cosworth is the start of a partnership that will see our market-leading UHP cell used to power electric vehicles across high-performance automotive, aerospace and marine markets. It’s another key step in our journey as we scale up production and move towards commercialization.”
A associate to main OEMs, Cosworth designs progressive battery and electrical car options to energy the high-performance automotive, aerospace and marine sectors. Following its current acquisition of electrification specialist Delta, the corporate has accelerated its growth of battery programs to enhance its market-leading electrified powertrains and engines.
AMTE Power’s cell expertise might be utilized in Cosworth’s applied sciences that are developed on the engineering firm’s state-of-the-art amenities, an organization assertion stated.
The differentiated UHP lithium-ion cell is particularly designed by AMTE Power to satisfy the necessities of the electrical car market, balancing energy, weight and security wants. With fast charging and discharging time, the cell is ideally suited to use inside Cosworth’s superior applied sciences and end-to-end car options.
With fully-owned mental property rights for the product, AMTE Power is within the superior levels of growing the UHP cell which is at present going by way of scale-up and testing trials on the UK Battery Industrial Centre (“UKBIC”), it stated.
Along with manufacturing on the facility, the enterprise is accelerating the manufacturing of its cells at its manufacturing manufacturing facility in Thurso, Scotland.
AMTE Power has just lately introduced a sequence of business alternatives because it scales up manufacturing of its next-generation battery cells to help the net-zero transition and continues its pathway in direction of commercialization. To help this progress, the Company introduced final week the placement for its first Megafactory in Dundee, Scotland, which can allow AMTE Power to provide its cells within the UK at an industrial scale and get its high-value merchandise to market rapidly and effectively.
Hal Reisiger, CEO of Cosworth, added, “At Cosworth, we are committed to playing a leading role in the development of future technology in the high-performance automotive space. The new co-operation with AMTE Power will further strengthen our existing capabilities in this important area.”
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Source: auto.economictimes.indiatimes.com