Irvine-based Enevate, which develops batteries for electric vehicles, said today it has signed its third production licensing agreement for the power sources.
The agreement provides for JR Energy Solution of South Korea to commercialize and further scale up Enevate’s silicon-dominant XFC-Energy battery technology.
Enevate develops and licenses advanced battery technology for electric vehicles (EVs), with a vision of EVs charging as fast as refueling gasoline-powered cars.