The EV Battery Market Situation:
1. Utilized high energy density & long driving range
2. Adds up to 240 miles (390 km): 50 miles (80 km) range
3. Requires only a 60-sec charge
4. Seeks to solve EV Charging limitation & constraint
The Significance of this Breakthrough:
1. Fast charge & short charging times better than other Li-ion technology
2. Meets automotive requirements for energy density, range, and cost.
3. Enevate is licensing silicon-dominant HD-Energy® Technology
4. Licensees:Battery & EV automotive manufacturers & suppliers
5. New extreme fast charge technology breaks down barriers to EV adoption.