Bratislava/Silverstone 6th September 2022: InoBat, the European pioneers of premium electric vehicle battery R&D, engineering, production and recycling, and Cosworth, a world-leading electrified powertrain specialist, have entered a strategic partnership for the supply of InoBat’s battery cells in support of Cosworth’s electrification plans.
The partnership will see InoBat utilise its R & D and manufacturing operations to develop state of the art battery cell chemistries and supply fully optimised battery cells to Cosworth for its innovative battery packs in the high-performance automotive market among other sectors, at the heart of the UK’s high-performance technology cluster at Silverstone.
The Cosworth Group brings over six decades of engineering excellence, evolving to meet the exacting needs of its customers through three development streams: propulsion from its Northampton headquarters, battery and electric vehicle development at Delta, Silverstone and Electronics in Cambridge. Today, it is maximising its strengths through the transition to hybrid, EV, and alternative fuels. InoBat’s innovative and advanced battery solutions, along with Cosworth’s electrification specialisms, makes the partnership a strong fit, supporting both companies’ long-term sustainability goals.
Marian Bocek, Co-Founder and CEO of InoBat commented:
“InoBat and Cosworth are ideal partners in accelerating the global rollout of green battery technology in the exciting high-performance automotive market. We are proud to support Cosworth and its impressive roster of customers through what we believe to be the most innovative and advanced batteries on the market.”
Hal Reisiger CEO of Cosworth commented:
“This is a significant strategic co-operation which will aid Cosworth and InoBat in the acceleration of our battery technology solutions, with knowledge and expertise from both parties leading to innovations for future programmes. We believe that working alongside InoBat is comparable to both companies’ goals in supplying highly efficient, industry-leading rechargeable energy storage system to our clients.”
NOTES TO EDITORS
About InoBat
InoBat specialises in pioneering research, development, manufacture, supply and recycling of innovative electric batteries custom-designed to meet the specific requirements of global mainstream and specialist OEMs within the automotive, commercial vehicle, motorsport, and aerospace sectors. InoBat’s provides innovative solutions across the entire value chain thanks to its “cradle-to-cradle” approach, which showcases the concept of a circular economy. InoBat is backed by a strong consortium of strategic investors and partners such as Rio Tinto, Amara Raja, Ideanomics, IFC, CEZ, IPM Group, Matador, AEN, CSG and Across. A European-based battery manufacturer, InoBat already has a battery research and development facility and pilot line under development in Slovakia. InoBat has also been approved for grant financing under the EU sponsored programme, Important Projects for Common European Interest, and already received a grant from the Slovak Government.
For more information and news on InoBat, please visit inobatauto.eu
About Cosworth
Cosworth is a global technology business with six decades of engineering experience that delivers propulsion, electronics, and software solutions for customers in the automotive, aerospace, and marine sectors. Whether through hybrid or EV propulsion, data connectivity or automation technology, Cosworth is ready to solve new challenges with mobility solutions of the future. No matter the complexity of the project, Cosworth can, design, develop and manufacture clean sheet solutions from its state-of-the-art facilities.
For more information and news on Cosworth, please visit https://www.cosworth.com
Contacts
Katarina Stryckova and Gary Haddon, InoBat Auto
katarina.stryckova@ipmllp.com
gary.haddon@inobat.eu
Fatema Chowdhury and Francis Bradfield, Cosworth
fatema.chowdhury@sinequanon-intl.com
francis.bradfield@cosworth.com