Ionetic appoints industry veteran Andy Palmer as 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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