What is claimed to be the world’s first ‘intelligent’ electric vehicle battery was today launched by European EV battery producer, Inobat. Speaking at the GLOBSEC Tatra Summit 2020, the company’s CEO, Marian Bocek took to the stage with a physical prototype of the AI-built battery, which is said to have an higher energy density and an increase in operational range of 20% over current batteries. The announcement comes after only a year of research and development and its battery has been developed through a combination of Artificial Intelligence (AI) and High Throughput (HTP) technology.
InoBat’s technology-led approach to battery production enables it to create 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.
The company is developing an 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 EUR 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.
InoBat aims to accelerate the rapid implementation of electro-mobility solutions in Europe by developing a fully integrated value chain, which will increase the global competitiveness of the European economy and provide a long-term sustainable solution to the automotive market.