Enevate announces new production license agreement for silicon-dominant battery technology

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Enevate, a battery company featuring extreme fast-charge and high-energy-density battery technologies for electric vehicles (EVs) and other markets (earlier post), announced a new production license agreement with EnerTech International to commercialize Enevate’s silicon-dominant, XFC-Energy battery technology in the transportation, mobility and reserve power markets.

South Korea-based EnerTech International is a leader in delivering lithium-ion cells using state-of-the-art manufacturing facilities to produce high-performance, large format batteries.

This production license agreement with EnerTech is the next milestone in Enevate’s technology roadmap that leads to commercialization scheduled for 2022. Pre-production batteries have been built and tested using EnerTech’s existing lithium-ion battery manufacturing equipment. With the agreement, Enevate will deliver enabling technology to accelerate EnerTech’s market expansion and…

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