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Renault-Nissan-Mitsubishi Invest In 5-Minute Battery Charge Startup Enevate
Alliance Ventures, the strategic venture capital arm of Renault-Nissan-Mitsubishi Alliance, has participated in the latest round of funding in Enevate Corporation, a battery start-up based in Irvine, California.
The Renault-Nissan-Mitsubishi Alliance is just another high-profile investor – right after LG Chem in October – which makes us think that Enevate really has something feasible in the works.
Enevate promises that its silicon-dominant lithium-ion cells combines several advantages:
extreme fast-charging capabilities (can be charged to 75% capacity in five minutes)
high energy density for long-range EVs (around 250-300 Wh/kg)
can also safely charge and discharge down to -40°C and capture more energy during regenerative braking
low cost
improved safety