“Enevate is an impressive company now completely focused on EVs with their pure silicon-dominant Li-ion battery technology to improve performance of EV batteries and lower the cost of EVs," said Vishal Sapru, Research Manager at Frost & Sullivan.
“The entire Enevate team is excited to be recognized by Frost and Sullivan. Our customers see the promise of the technology and the impact it can have on the important and emerging electric vehicle market,” said Robert A. Rango, Enevate’s CEO.
Enevate recently introduced its HD-Energy Technology for EVs using its pure silicon-dominant anodes composed of 100 percent active material, which is free from inactive binder additives. Enevate’s licensees can quickly ramp up production from reference Li-ion EV cell designs optimized with Enevate’s anodes and technology.
The company’s technology allows EVs to add more than 240 miles of range with only a five-minute charge, which is essentially the same range conventional cars achieve with one tank of gasoline. These advantages will allow consumers to use EVs the same way they now use gasoline cars.
“Enevate’s revolutionary technology presents a watershed moment in the evolution of EVs by making them as usable and accessible as conventional gasoline cars, thereby alleviating the concerns of hesitant buyers,” said Sapru.
Each year, Frost & Sullivan presents this award to the company that develops a product with innovative features and functionality that is gaining rapid acceptance in the market. The award recognizes the quality of the solution and the customer value enhancements it enables.
