Ionetic appoints industry veteran Andy Palmer as chairman


Ionetic, the UK start-up specialising in EV battery pack technology, has strengthened the expertise of its senior leadership team with the appointment of automotive executive, Dr Andy Palmer, as its chairman.

As COO and Chief Planning Officer of Nissan Motor Corporation, Palmer oversaw the development and introduction of the world’s first mass-market EVs, the Nissan Leaf and Nissan e-NV200, before leading the launch of four core models and nine derivative vehicles as President & Group CEO of Aston Martin Lagonda.

Palmer joins Ionetic at a key stage in its development, as the business continues to focus on onboarding clients and planning the opening of its first giga-scale manufacturing facility in the UK.

He will draw from his wealth of knowledge and experience to support strategic growth and sales as the business progresses towards ultimately achieving multi-GWh battery pack production capacity.

Ionetic’s EV battery pack design platform can produce a bespoke battery pack design in minutes.

The company says it can produce battery packs that offer over 30% more energy density than off-the-shelf solutions, while reducing development costs by over 90%.

Once it opens its first UK-based factory, Ionetic will be the only UK-based EV battery pack developer to offer an end-to-end solution – managing the entire process from initial design conception, through to homologation, testing and giga-scale production.

Dr Andy Palmer, Chairman of Ionetic, (pictured right, with James Eaton, CEO and Co-Founder of Ionetic) said, “I have witnessed first-hand the need for more cost-effective battery pack solutions that can still meet the performance criteria of automotive OEMs, especially in lower volume.

“Ionetic is doing just this, and I have great belief that its offering will significantly reduce the challenge and headaches of electrification for OEMs.”


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