AMTE Power Plc (LON:AMTE), the developer and manufacturer of lithium-ion and sodium-ion battery cells for specialist market, has announced that it has partnered with Sprint Power and Eltrium to accelerate the development of next-generation battery technologies to meet the growing and complex needs of the electric vehicle (EV) market.
The collaboration will commence in 2022 and will aid global car makers and start-ups as they ramp up development of hybrid electric vehicles (HEVs), plug-in hybrid electric vehicles (PHEVs) and battery electric vehicles (BEVs).
Next-gen battery systems will be designed and optimised for mass market EV applications as well as high-performance projects. The scope of the partnership will cover automotive, marine, aerospace, commercial and off-highway vehicles.
AMTE has extensive experience in battery cell technology and production while Sprint Power is an established global leader in realising breakthrough technical developments in power electronics, battery management systems and battery module and pack design. Eltrium provides battery module and pack manufacturing capabilities. Together, the group will provide OEM customers with an end-to-end solution for battery systems development, manufacturing and supply.
The group is well placed to help the EV industry navigate new rules of origin. Legislation coming into force in two years’ time will stipulate batteries need to contain up to 50% of locally sourced materials – be that from the UK or the EU. With all three organisations based in the UK, the partners offer OEMs an immediate solution to this impending regulatory change.
Sustainability will be at the heart of the group’s approach. Critical systems, components and subsystems – including all cells, modules and packs – and production processes at Eltrium will be designed for second-life battery reuse and recyclability.
Kevin Brundish, CEO, commented:
“We are delighted to be joining forces with Sprint Power and Eltrium. The UK and global electric automotive market is expected to see exponential growth over the coming years. AMTE is at the heart of this revolution and is well placed to support the anticipated demand from the EV market.”
Fergal Harrington-Beatty, Head of Electric Vehicles at AMTE Power commented:
“There is huge potential for growth in the EV market as the government gears up for its 2030 deadline to end the sale of petrol and diesel cars. A reliable and secure supply of battery cells that can hit the right performance for OEMs is absolutely vital to underpin that growth. With Sprint and Eltrium, we’re developing the essential blend of technology, engineering expertise and manufacturing know-how to deliver for them.”
Richie Frost, Founder and CEO at Sprint Power, commented:
“Our new collaboration agreement with AMTE Power and Eltrium will deliver a game-changing support network to how next-generation battery tech – from the initial planning and design stages through to start of production – is undertaken within the industry.
“By teaming up with AMTE Power and Eltrium, we have leapt forward to be right at the vanguard of battery technology development. We offer the industry complete bespoke solutions, tapping into our unmatched tech, engineering and production expertise.
“As the EV market grows and OEMs come under increasing pressure to meet new and challenging demands, including tough legislation, Sprint Power along with AMTE Power and Eltrium will be on-hand to boost programmes, enhance development and optimise battery technologies.”