American automotive supplier BorgWarner has announced its investment in Qnovo Inc., a privately held, Silicon Valley-based software and controls company that specializes in battery health measurement and fast charging. The company is the lead investor for Qnovo's multi-million-dollar Series-C capital raise.
The latest investment deepens BorgWarner's capacity to further its battery solutions portfolio by partnering with Qnovo. The intelligent battery management software developed by Qnovo offers multiple benefits including predictive safety measures, faster charging, and extended battery life.
Further, the software implements adaptive charging algorithms and predictive tools into an application that runs on 'AutoSAR' or an equivalent vehicle operating system. When combined with fleet monitoring, it delivers a compelling solution for adaptive charging and advanced battery pack diagnostics.
"BorgWarner sees a great opportunity with our strategic investment to collaborate with Qnovo, allowing us to leverage its advanced battery management software in our electrification portfolio," said Harry Husted, Chief Technology Officer of BorgWarner.
"We look forward to partnering with Qnovo as they enter the automotive industry to provide battery solutions to the electric vehicle market."
Qnovo claims to fundamentally improve user experience by reimagining the battery and its management. Augmenting battery chemistry with the company's unique battery management intelligence software results in Qnovo's ability to enhance battery safety, enable fast charging, expand longevity and increase capacity utilization.