WAE signs strategic collaboration agreement with Nyobolt
The niobium-based battery start-up, Nyobolt, and Williams Advanced Engineering (WAE) have announced an engineering and systems integration partnership designed to support and advance an additional solution for the next generation of high power battery systems.
This partnership will initially look to assess and develop the technology in close collaboration, with the next steps being to demonstrate the technology and to grow market awareness.
Nyobolt was founded by Cambridge University’s Professor Clare Grey and Dr Sai Shivareddy to introduce ultra-fast charging batteries into the market based on a decade of research on new battery anode materials.
The new class of battery technology has been designed to support ultra-fast charging capability, ideally suited to motorsport applications; a sector in which WAE is currently a leading provider supporting battery provision for Extreme E, Formula E Gen 3 and ETCR.
In addition, the technology will be appropriate for heavy duty powertrains such as those used in mining, a sector currently targeting a zero emissions goal
With a life cycle significantly higher than standard lithium-ion batteries, the technology is suited for next generation applications that require high power, long life or high cycling. The market opportunity is expected to be over 30 gigawatt hours.
“We are delighted to be part of this engineering and systems integration partnership that we believe will address a wide range of opportunities across a number of diverse applications and we look forward to working with the team at Nyobolt” said Paul McNamara, Technical Director, Williams Advanced Engineering.
Nyobolt CEO Dr Sai Shivareddy added “Nyobolt is on a mission to supercharge the electric revolution with our ultra-fast charging, ultra-high power density battery systems. Our technology is perfectly suited to the arenas within which Williams Advanced Engineering operates, including electric powertrains and other power hungry applications ranging from motorsports to heavy industrial applications and we are delighted to be part of this exciting collaboration with them”