EV battery developer Enevate in Irvine has formed a strategic alliance with NantG Power of El Segundo to manufacture and launch an ultra-high-performance battery.
The two companies will combine their proprietary cathode and anode innovations to commercialize silicon-dominant battery technology in the transportation, mobility, and other markets.
The production license agreement with NantG Power is a “significant milestone” in accelerating Enevate’s technology toward commercialization, the Irvine-based firm said in a statement today.
Enevate’s technology allows a battery to charge in as fast as five minutes while delivering industry-leading energy density and performance.
