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Sunday, Mar 16, 2025
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INNOVATION: BOB KRUSE

CEO, ENEVATE

WHY: Predicts the Irvine-based company’s fast-charging battery technology will be used for EV automobiles “a few years into the future” following implementation in batteries for e-bikes and motorcycles in 2023.
IN THE NEWS: Signed third production license agreement for its technology; formed a strategic alliance with NantG Power of El Segundo to manufacture and launch an ultra-high-performance battery.
NOTABLE: Kruse predicted in June that Enevate may go public. Raised nearly $200M as of June, with more financing planned.
QUOTABLE: “Our technology has safety advantages over today’s technology, so we enable a safer cell.”

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