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Renault-Nissan-Mitsubishi Invests in Battery Tech Startup
The Renault-Nissan-Mitsubishi alliance has made an unspecified investment in Enevate Corp., an Irvine, Calif.-based startup specializing in next-generation lithium-ion batteries for electrified vehicles.
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The Renault-Nissan-Mitsubishi alliance has made an unspecified investment in Enevate Corp., an Irvine, Calif.-based startup specializing in next-generation lithium-ion batteries for electrified vehicles.
Enevate was spun off from the University of California in 2005. Among the company’s other investors are battery and electronics giants Lenovo, LG Chem, Samsung and Sumitomo.
Enevate claims its silicon-based anodes and cells have a higher energy density than current batteries, thus enabling a longer driving range and “extreme” fast charging.
The company claims its chemistry enables a battery to be replenished to 75% of capacity in five minutes. Other purported benefits include improved safety and better performance in cold weather.
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