LionVolt acquires AMTE Power's battery production line in Scotland

Netherlands-based Lionvolt has acquired the battery cell production line of beleaguered company AMTE Power located at Thurso in Scotland. This brings new complementary capabilities, setting stage for its next phase of growth, according to the company. 

LionVolt is expected to repurpose the facility to manufacture solid-state battery cells that embed its's innovative 3D technology. In addition, the company will take on an experienced team of AMTE Power allowing it to build on years of battery cell manufacturing know-how.

"This is a very exciting step in our growth, and brings a complementary skill set that we currently do not have within LionVolt, along with providing us with a manufacturing capability that will be complementary to our pilot line facility at the BIC. The combination of these capabilities will allow us to accelerate the commercialization of our innovative products", commented Kevin Brundish, CEO of LionVolt. 

Based in Eindhoven, LionVolt is leveraging the region's extensive experience in thin film technology to develop a 3D electrode architecture to enable next generation batteries. The company's claims enhanced energy density, superior cycle-life, higher charging speed, and enhanced safety as its USPs in battery technology.

Last month, the company announced that it is moving its operations to Brainport Industries Campus, where the battery startup has leased space to start pilot production of its solid-state batteries, which can take on the limitations of the existing lithium-ion batteries to electrify the automotive sector. 

AMTE Power, the British-born battery manufacturer, ran into financial troubles in June last year when notified its investors on its struggles to raise additional funds to support its development. The company was working on lithium- and sodium-ion cells meant for high-performance EV batteries and long-duration energy storage applications.