BASQUEVOLT, backed by EIT InnoEnergy, unveils Europe’s first innovation centre to develop 100% European solid-state battery technology.
BASQUEVOLT, a specialist in solid-state technology for mobility and stationary energy storage
applications, backed by EIT InnoEnergy, the innovation engine for sustainable energy supported by the European Institute of Innovation and Technology, an institution of the European Union, has revealed its research and development centre will deliver 100% European solid-state battery technology by the end of 2023.
In cooperation with the CIC energiGUNE, its advanced research partner, the company has been testing its first multilayer cells since last April, demonstrating that its technology can reach a very high energy density (1,000 Wh/l and 450 Wh/kg), while significantly reducing overall battery pack costs. BASQUEVOLT battery cells can be produced through a more efficient less complex process, creating a 30% reduction in the capital investment needed per GWh in a gigafactory and 30% less energy used per kWh produced, compared to lithium-ion batteries.
BASQUEVOLT expects to start producing its 20Ah cells by the end of this year as part of Europe’s ambitions to meet current decarbonisation targets. The batteries will support the use of electric vehicles, making them more accessible and affordable to a wider range of consumers. The company has also set a goal to start the manufacturing of solid-state cells by the end of 2025 at its 1GWh (gigawatt-hour) future facility in Vitoria-Gasteiz. This target indicates its commitment to scaling up its battery production capabilities.
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Francisco Carranza, BASQUEVOLT’s Chief Executive Officer, said:
Today´s unveiling represents a significant milestone for BASQUEVOLT and reaffirms our position as a pioneer in the European solid-state industry.
“Our dedicated research and development team has successfully overcome technical challenges to deliver a cost competitive solid-state battery technology that offers a very high energy density. This breakthrough has the potential to revolutionize multiple sectors, including transportation and energy storage. We remain committed to further refining our solid-state battery technology and collaborating with industry partners to bring this innovation to the market, driving positive change on a global scale.”
Just one year after its creation, with more than 40 employees from 15 different nationalities, BASQUEVOLT has assembled a team of international experts and local talent, fostering a diverse and innovative work environment, now working at full capacity in the development and industrial scale-up of the solid-state battery technology competing with the most advanced companies in the world.
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BASQUEVOLT, backed by EIT InnoEnergy, unveils Europe’s first innovation centre to develop 100% European solid-state battery technology, June 19, 2023
