Nessox SIGNED

Project "Nessox" data sheet

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 Partnership

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 Project objective

Electric vehicles are poised to replace the high-polluting gasoline transport, driven by international policies aimed to reduce greenhouse gas emissions. Nonetheless, market uptake of electric cars is still low, less than 1% of automotive sales in 2016. The adoption of electric vehicles is hindered by long recharging times (on average 4 hours) and limited autonomy (max 300 km), due to performances constraints of the Li-ion batteries, the state-of-art in e-vehicles. After 4 years of research, BETTERY has developed NESSOX, a patented new class of batteries that allow for fast recharge of the battery and outstanding performances in terms of autonomy, size and weight. The core technology is the patented design NESSOX, based on combining the lightness and high performances of the Li/O2 technology with the modularity of flow batteries, and a proprietary semi-solid catholyte based on a carbon nanoparticles, which assure flexibility and high performances. NESSOX intend to introduce a new paradigm in electric vehicle transportation, by finally freeing e-drivers from the inconvenience of long recharging stops and limited duration of the battery, thus unleashing the market adoption of e-vehicles. BETTERY plans to initially target the small vehicles market (e-bikes and e-scooters), and then move to the automotive sector. Global leaders in the automotive supply sector expressed their interest in collaborating for product development and distribution. BETTERY is a high-tech start-up founded in 2018 by engineers and chemists with extensive experience in research, product development and project management. The Phase 1 project will be a launch pad for the future commercialization of the system, enabling BETTERY to validate the Nessox performances and the market opportunity in key areas, assess the process’ economic performance indicators, and refine the business plan to attract the future investment needed for scaling up the production.