On October 9, local time, Marian Bocek, CEO of European electric vehicle battery manufacturer InoBat Auto (InoBat), said in a statement that it will release the world's first "smart" electric vehicle battery. Bocek said that after a year of research and development, InoBat has launched the world's first battery that combines artificial intelligence (AI) with high throughput (HTP) technology.
Compared with standard research methods, InoBat's battery production method can produce better batteries faster and more efficiently, and at the same time can increase the cruising range of current best-performing electric vehicles by 20%. In addition, this technology can also reduce dependence on cobalt materials. The company's goal is to have the energy density of the battery reach 330 Wh/kg and 1,000 Wh/I by the end of 2023.
Currently, InoBat is developing the world's first AI-driven battery research center and production line in Voderady, Slovakia, and the production line will start producing the first smart battery in 2021. In addition, the company also plans to spend 1 billion euros in 2025 to build a super battery factory with a capacity of 10 GWh and provide cutting-edge customized batteries for 240,000 electric vehicles.
Just days before InoBat released the battery, Dr. Andy Palmer, former CEO of Aston Martin and former COO of Nissan, joined InoBat as a non-executive vice chairman to promote the company's electrification vision.
InoBat's goal is to accelerate the popularization of electric mobility solutions in Europe through the development of a fully integrated value chain, thereby enhancing the global competitiveness of the European economy and providing a long-term sustainable solution for the automotive market.
In addition, InoBat is supported by a group of investors and technology companies, including the leading investor infrastructure technology asset management company IPM Group (IPM), strategic investors and partners including CEZ (a strategic investment of 10 million euros in InoBat Auto) , Matador, AEN, MSM Group, Across and Wildcat Discovery Technologies.
Recently, InoBat has also established a strategic partnership with the global high-tech engineering company Manz AG, which will provide production equipment for its R&D center and production line, while its R&D center and production line will be designed by the construction company Takenaka.