BOB KRUSE
CEO
ENEVATE CORP.
WHY: Developing fast-charging batteries to power cars, motorcycles, tools and boats.
IN THE NEWS: In February, Irvine-based company said its battery technology has been included for the first time in an electric-powered vehicle—the Lightning LS-218 motorcycle. Also signed a fourth licensing agreement for its fast-charging electric vehicle battery technology earlier this year.
NOTABLE: Enevate’s investors include Renault-Nissan-Mitsubishi (Alliance Ventures), LG Chem and Samsung Venture Investment Corp.
QUOTABLE: “Enevate is working on boat, power tool and other specialty applications. Enevate has many significant joint development efforts.”
