- Ionetic
- electric vehicle
- ARC
- EV
- battery
- James Eaton
- development
- battery management system
- BMS
- lithium-ion
UK’s Ionetic Unveils AI-Supported Development System Arc To Cut Down On Battery Pack Development Cost & Time
- by MT Bureau
- October 22, 2024
UK-based EV battery pack technology start-up Ionetic has unveiled what it claims is a world-first software-accelerated, AI-supported development system, Arc, that delivers multi-million dollar savings in battery pack development costs, and halves time-to-market for custom battery packs.
Launched alongside Ionetic’s refreshed logo, brand, and website, Arc slashes the typical around $30 million investment and four-year development cycle required for bespoke EV battery systems from tier 1 suppliers by automating design and integrating pre-validated components into a fully end-to-end battery pack development system. The Arc system allows Ionetic to rapidly deliver cost-effective, performance-optimised battery solutions that meet OEMs’ customer and commercial needs faster and with less risk.
James Eaton, CEO and Co-Founder, Ionetic said: "As the push for electric vehicle adoption accelerates, OEMs need the right partners to bring competitive electrified vehicles to market as fast as possible. Ionetic’s fully end-to-end, in-house offering firmly establishes our position as a battery technology tier 1 at the forefront of innovation; our Arc system allows us to provide OEMs with pre-validated, tailored solutions – enabling them to remove inefficient development processes, focus on vehicle innovation, and eliminate the usual bottlenecks of cost and time. It’s our mission to help OEMs supercharge the electric transition in a way that is profitable and futureproofed for the next era of mobility – a mission that our proprietary technology is primed to achieve.”
The start-up states that battery pack development is one of the most time- and cost-intensive challenges in bringing an EV to market, on-schedule and at an affordable price-point. OEMs needing between 100 and 10,000 battery packs a year are typically faced with a difficult choice: between expensive and time-consuming, highly bespoke battery packs; or low-performance off-the-shelf solutions – with neither option providing a compelling way for OEMs to launch electrified vehicles.
With 95 percent of the world’s OEMs producing low-volume bespoke platforms such as trucks, buses, and sportscars, Ionetic claims its AI-supported, end-to-end approach effectively unleashes the ability of EV OEMs to access high-performance custom battery packs without the usual costs and complexity.
Arc enables Ionetic to deliver batteries to OEMs that combine the best speed and affordability of off-the-shelf solutions with the flexibility and performance of bespoke designs – which reduces time, cost, and development challenges. The system achieves this by seamlessly integrating three elements:
Software: A network of AI-accelerated design tools which remove manual, iterative human design engineering. Instead, Arc rapidly optimises, conceptualises and brings-to-life the battery pack’s design, facilitating significant time- and cost-reductions.
Hardware: Arc is built around a pre-defined design system, including a number of pre-validated systems and components, all whilst supporting multiple different cell formats. This reduces both programme risk and validation time, whilst remaining highly flexible.
Fabrication: Rather than requiring large up-front investment and bespoke manufacturing lines, Arc utilises an innovative, flexible manufacturing system. More akin to the approach taken by semiconductor fabricators, this allows Ionetic’s production facility to serve multiple different customers, without the time and costs typically required for new-line set-up.
Founded in 2022, Ionetic is a leading innovator in EV battery pack technology, combining advanced software tools and smart manufacturing systems to deliver high-performance, cost-effective battery solutions for low-volume OEMs.
- Montra Electric
- Tl Clean Mobility Pvt Ltd
- PM E-DRIVE Scheme
- PM Electric Drive Revolution in Innovative Vehicle Enhancement Scheme
- Last-Mile Mobility
- Electric Vehicles
Montra Electric Praises PM E-DRIVE Scheme
- by MT Bureau
- November 21, 2024
Montra Electric, a brand owned by Tl Clean Mobility Pvt Ltd, has praised the Government of India for the continuation of subsidy support for the electrification of last-mile mobility under the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme.
Roy Kurian, Business Head, Montra Electric (Last Mile Division), said, “Montra Electric sincerely thanks the Ministry of Heavy Industry, Govt of India for ensuring continuity of the subsidy support to last-mile mobility. This crucial support will help the industry navigate challenges and further speed up the shift to electric last-mile solutions.”
The PM E-DRIVE Scheme was launched on 29 September 2024. The scheme was put into effect on 1 October 2024 and will continue until 31 March 2026. Furthermore, EMPS-2024, the number of vehicles and the spending under EMPS-2024 for e-2w and e-3w being implemented from 1 April 2024 to 30 September 2024 are being subsumed under the PM E-DRIVE Scheme; hence, the scheme's effective time will be two years.
- Pure EV
- Arva Electric Vehicles Manufacturing LLC
- Electric Vehicles
- Electric Two-Wheelers
- Pure EV eTryst X
- Pure EV ecoDryft
Pure EV Collaborates With Arva Electric To Expand Footprint In Middle East And Africa
- by MT Bureau
- November 20, 2024
Pure EV, one of India's leading electric two-wheeler manufacturers, has entered into a strategic partnership with Arva Electric Vehicles Manufacturing LLC, a subsidiary of Clarion Investment LLC, with an aim to expand its presence across the Middle East and African regions.
Under the terms of the agreement, Pure EV will provide Arva Electric with a first shipment of 50,000 of its flagship models, the eTryst X and ecoDryft, over the next couple of years. Pure EV's position in these developing markets is anticipated to be cemented when the supply rises to 60,000 units per year after this initial phase. Pure EV will be Arva Electric's key technology partner in addition to supplying motorcycles, offering knowledge and assistance all the way through the distribution process. Pure EV will uphold all intellectual property rights pertaining to the bikes in order to safeguard unique technology as they increase their market share.
Dr Nishanth Dongari, Founder and Managing Director, Pure EV, said, “Our commitment to innovation and user experience ensures that we provide market-ready offerings and meet the growing demand for electric mobility solutions. This partnership not only aims to enhance sales but also to foster sustainable mobility solutions in regions where electric motorcycles are rapidly gaining traction, marking a significant step towards expanding our footprint in Middle East and African markets. By leveraging our strengths and capabilities together with Arva Electric, we are poised to make a significant impact on the electric vehicle landscape globally.”
Aniyan Kutty, Managing Director, Arva Electric Vehicles Manufacturing LLC, said, “We are pleased to partner with Pure EV, as their expertise in R&D and cutting-edge technology helps in building efficient and reliable 2W products. Both the companies are committed to promoting eco-friendly mobility solutions with an aim to reduce carbon emissions and support environmental sustainability in these regions.”
- Atul Greentech Private Limited
- Atul Auto Limited
- Hindustan Petroleum Corporation Limited
- HPCL
- Electric Vehicles
- Electric Three-Wheelers
Atul Greentech Ties Up With HPCL To Expand EV Accessibility
- by MT Bureau
- November 19, 2024
Atul Greentech Private Limited (AGPL), a subsidiary of Atul Auto Limited, has entered into a strategic partnership agreement with Hindustan Petroleum Corporation Limited (HPCL), a premier Government of India enterprise, to expand the reach of electric mobility in India.
Under this agreement, AGPL will offer its cutting-edge electric three-wheelers, ENERGIE and ENERGIE2, through HPCL's huge HP GAS distribution network, taking a key step towards encouraging sustainable mobility in the country. AGPL's ENERGIE and ENERGIE2 electric three-wheelers are intended to fulfil the rising need for sustainable and environmentally friendly transportation options in cities and rural regions. HPCL's support gives AGPL a strong distribution infrastructure, enabling for easy integration into urban and rural markets where cost-effective, sustainable mobility is critical.
Dr Vijay Kedia, Director, Atul Auto, said, “This partnership marks a pivotal moment in our journey towards a sustainable future. At AGPL, we are deeply committed to driving innovation in electric mobility, and our collaboration with HPCL is a testament to that vision. This partnership not only strengthens our product reach but also aligns with India’s growing emphasis on reducing carbon emissions and fostering clean energy solutions. We are confident that this collaboration will not only deliver exceptional value to our customers but also contribute meaningfully to India’s transition to greener transportation.”
- BYD
- BYD India
- Build Your Dreams
- Wang Chuanfu
- Feng Ji
- Game Science
- Denza Z9
- Black Myth: Wukong
BYD Rolls Out 10 Millionth EV, Commits CNY 100 Billion Investment For R&D
- by MT Bureau
- November 18, 2024
Chinese automotive major BYD, one of the world’s leading new energy vehicles (NEV) manufacturer, has attained a new production milestone.
The company recently rolled out its 10 millionth electric vehicle from its Xiaomo Production Base in the Shenzhen-Shanwei Special Cooperation Zone. The milestone was achieved during its 30th anniversary celebration.
Wang Chuanfu, Chairman and President, BYD recalled the journey of the company from being a start-up with 20 employees to now having around one million staff worldwide. The company claims it is now the first automaker in the world to reach the EV sales milestone. What’s interesting to note is that the EV maker had crossed 5 million production milestone in 15 years, with the next 5 million production being attained in just 15 months.
Feng Ji, Founder & CEO of Game Science, the man behind Black Myth: Wukong, a global hit in the gaming industry took possession of Denza Z9, the 10-millionth vehicle produced by BYD.
Going forward, BYD has announced it will invest CNY 100 billion (USD 14 billion) towards developing intelligent technologies that integrate Artificial Intelligence (AI) with automotive systems, driving comprehensive upgrades of its entire vehicle lineup.
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