Business

Slovakia’s InoBat signs deal with Manz in boost for CEE’s electric car push

Slovakian electric car battery maker InoBat has announced a strategic partnership with Manz, one of Europe’s leading hi-tech equipment manufacturing firms.

Manz will supply production equipment and install a world-first 100MWh artificial intelligence battery centre and production line in Slovakia, close to the heart of one of Europe’s key automotive manufacturing regions.

The partnership with publicly-traded Manz will ensure and accelerate the manufacturing and construction of a 100 million-euro research and development centre and production line, due to begin later this year, with production of the first Li-ion pouch battery cells set to start in 2021. The research and development centre and production line will be followed by a 10GWh gigafactory in 2024, which will serve the European electric vehicle market with innovative and optimised batteries at scale.

“We are excited to work with Manz on our R&D centre in Voderady, Slovakia – a truly European partnership which will not only enhance Europe’s bid for technological sovereignty but also reaffirm our ambition for a fully European supply chain. This will be vital to accelerating the electrification of transport,” says Marian Bocek, CEO and co-founder of InoBat.

InoBat develops intelligent batteries customised to the specifications of the developing electric vehicle sector in the automotive, aviation, and other industries through the use artificial intelligence and a high throughput platform (HTP). This way, the company can design cell chemistries, validate research, and continually improve the safety, quality, and performance of latest battery innovations.

The key advantage of the mix of AI and HTP is that it allows InoBat to carry out research and development to efficiently optimise battery requirements at small scale. These optimisations can then be quickly replicated on a larger scale and this way the company can create solutions to fit a manufacturer’s specification rather than relying on a catalogue approach.

InoBat calls this a “discovery to delivery” approach which fast tracks cell innovation from the laboratory to the factory floor.

Due to its advanced technology, InoBat says it is able to commercialise battery cells 10 times times faster than with standard research methods.

“We pride ourselves on partnering with like-minded companies like InoBat who share the same drive for innovation, and want to help them turn their vision into a reality for a groundbreaking R&D battery centre and production line in Europe on the door step of so many auto manufacturers,” says Jürgen Knie, COO of Manz AG.

The partnership is set to bolster Europe’s drive for e-mobility as InoBat looks to develop a fully integrated value chain which will increase the global competitiveness of the European market and provide a long-term sustainable solution to the automotive industry.

Unlike many news and information platforms, Emerging Europe is free to read, and always will be. There is no paywall here. We are independent, not affiliated with nor representing any political party or business organisation. We want the very best for emerging Europe, nothing more, nothing less. Your support will help us continue to spread the word about this amazing region.

You can contribute here. Thank you.

emerging europe support independent journalism