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AMTE Power inks production contract with UKBIC for ultra-high power cells
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AMTE Power, the Scottish developer and manufacturer of lithium-ion and sodium-ion battery cells, has recently signed a contract with UK Battery Industrialization Center for manufacturing battery cells.
The company can now request UKBIC to manufacture up to 60,000 of its Ultra High Power cells each year, over an initial term of 24 months. It is a significant milestone as it will enable AMTE to deliver its first Ultra High Power cells at scale. This will help support the next phase of its commercialization plans.AMTE Power's manufacturing trials in August 2022 for the UHP cells produced on UKBIC's commercial scale equipment showed good performance against the company's target specifications. The UHP cells' low internal resistance provides exceptional power delivery and very fast charging. Testing demonstrated a full charge in six minutes.
Ramping up production at UKBIC is due to start from January 2023. It will enable the business to meet growing demand for high performance electric vehicles as well as fuel cell electric vehicles. AMTE Power has existing non-binding memoranda of understanding in place with key automotive partners Cosworth, Viritech and MAHLE Powertrain, in addition to development agreements with Sprint Power, Eltrium and BMW.
Commenting on the contract, Kevin Brundish, CEO- AMTE Power, said, "Having already secured significant early interest in our Ultra High Power cell from major automotive partners, this contract will enable us to bring our products to market sooner while we progress our own Mega Factory".
The mega factory is located in Dundee, Scotland and is underpinned by the burgeoning potential business to the tune of circa £240 million across the AMTE Power product range.
This collaboration will see Scottish AMTE Power's battery production take the next step and bring the UK on the global cell manufacturing map.
