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- Access on: 2024-10-07 11:01:14 (New York)
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April 1, 2024
Contributed by Benjamin Tran, CEO of Bitech Technologies
A Revolutionary Battery is on the Rise: XFC Battery
In the world of EV, if you have a regular electric car battery, be prepared to wait for at least a couple of hours to fully charge your vehicle. However, groundbreaking breakthroughs in rapid charging and higher energy storage technology by Enevate are reducing this time from hours to mere minutes. This results in a charging rate that is ten times faster than what is currently available with traditional EV batteries.
This means that taking your EV on the road won't involve long periods of waiting at charging stations; it may only take five or ten minutes to quickly "refuel" your vehicle along a city street or highway. With extreme fast charge capabilities, you can now reach your destination in the same amount of time as a gas-fueled car when planning road trips. Homeowners can easily leave their homes with a fully charged EV, something not possible with gas cars. And for those living in apartments, recharging on-the-go or upon arrival at their destination has become quick and effortless.
With its innovative business structure and agile approach to technology development, Enevate has a significant advantage over larger companies in terms of speed. Its streamlined research processes and efficient production capabilities allow the company to innovate at a rate three times faster than slower, bigger corporations.
Bitech Technologies [OTCQB: BTTC] has been observing and studying Enevate to identify a new business opportunity in the EV related infrastructure arena. Bitech Technologies believes that in order to promote the widespread use of electric vehicles through high-speed charging, Enevate has revolutionized battery chemistry by replacing the conventional graphite anode with our unique nanoparticles inspired by nature. These particles greatly enhance ion movement, resulting in rapid, secure, and reliable charging.
“As the CEO of a global leader in green energy technology, I have always been passionate about finding innovative solutions to drive sustainable change. In my quest to expand our company's reach and impact, I came across Enevate, the pioneer in XFC-Energy technology”, says Benjamin Tran, CEO of Bitech Technologies.
“I was immediately intrigued by their revolutionary approach towards improving battery performance and extending the range of electric vehicles. With the world rapidly shifting towards cleaner energy sources, this partnership could not have come at a better time. However, as with any new venture, there were challenges that needed to be addressed.
One major concern for me was the cost-effectiveness of manufacturing these cutting-edge batteries. As much as we wanted to promote sustainable transportation through electric vehicles, it was crucial for us to make it accessible and affordable for everyone. With this cost consciousness in mind, our technical team reached out to Enevate with a proposal for collaboration. Together, we could explore ways to streamline our manufacturing process and reduce costs without compromising on quality. The team at Enevate embraced this opportunity with open arms and shared our vision for a greener future.
We began by conducting extensive technology exploration sessions to understand each other's visions better. It is inspiring to see how both companies shared a common goal of utilizing technology for the betterment of society. Through brainstorming sessions, we plan to come up with innovative strategies that would enable us to manufacture XFC-Energy batteries at a lower cost without compromising on efficiency or sustainability.
Our collaboration can go beyond just low-cost manufacturing; we also explored opportunities related to electric vehicles. By combining our expertise in green energy technology and Enevate's revolutionary battery technology, we could create more efficient and powerful electric vehicles that would transform the transportation industry.
With this newfound synergy between Bitech Technologies and Enevate, Bitech Technologies is confident that we could accelerate the adoption of electric vehicles globally while making them more affordable for consumers. Together, we would contribute towards a cleaner and greener future for generations to come.
As we move forward with our initiatives, I am excited about the endless possibilities that lie ahead. Together, Bitech Technologies and Enevate will continue to pave the way for sustainable transportation and lead the charge towards a more environmentally friendly world.”
Enevate has caught the attention of the electric vehicle industry due to our rapid advancements in cell technology. Their team of experts has made the seemingly impossible possible by creating a cell that offers fast charging, long range, and superior performance in low temperatures.
Through utilizing our extensive knowledge in battery chemistry and investing in various tools, their top-notch scientists and engineers have achieved this remarkable breakthrough at Enevate.
In the current market for electric vehicles, customers are faced with a choice between acceptable range and slower charging or higher range and faster charging at a higher cost. This presents a compromise for both options. However, with Enevate's XFC-Energy® Technology, this trade-off is no longer necessary. The technology offers both fast charging and extended range.
Enevate's technology is based on three fundamental elements: a pure silicon anode, electrolyte, and cell design. Through its innovative multi-layer design, the company able to efficiently pack more energy into each cell by utilizing its XFC-Energy® silicon-dominant anode layer which takes up significantly less space than a traditional graphite anode layer. As a result, its large-format EV cells achieve impressive energy densities of over 1000 Wh/L and 350 Wh/kg.
The pure silicon anode plays a crucial role in our battery composition. XFC-Energy® technology is constantly optimizing the performance of the anode through a combination of precise electrolyte formulation, advanced cell design, and meticulous formation processes.
About Enevate
Enevate Corp., a dynamic firm based in Irvine, California, is revolutionizing the world of electric vehicles with its innovative fast-charging batteries.
In fact, the company has just finalized its third production license agreement for this groundbreaking technology. To support their continued growth and development, Enevate plans to secure $75 million in funding this year.
Their cutting-edge batteries are poised to make a significant impact on the transportation industry as they ride the wave of EV popularity. While these powerful batteries are not yet available for purchase, its CEO Bob Kruse anticipates their use in e-bikes and motorcycles within the next few months.
Kruse confidently stated that “We will have a presence in commerce for two-wheel vehicles by the end of 2020.” However, their advancement into the car market presents more challenges due to longer lead times for adoption of new automotive technologies. Nevertheless, Enevate is already working closely with investors and partners to prepare for this expansion in the coming years.
In the year 2021, Enevate announced plans to adapt its technology for use in automobiles, with a target launch date of the 2024-2025 model years. Their aim is to revolutionize the charging process for electric vehicles, making it as efficient as fueling up a gas-powered car at a station. Enevate joins a bustling EV community in Orange County, including Rivian Automotive Inc. (Nasdaq: RIVN), Karma Automotive, Mullen Automotive Inc. (Nasdaq: MULN), and Phoenix Motor Inc. (Nasdaq: PEV), along with Israeli battery innovator StoreDot who recently announced plans for a new research and development center in Irvine. In a recent news, Vinfast [Nasdaq: VFS] has disclosed its Israeli partner StoreDot which had announced a new XFC battery product that can charge in just 5 minutes for up to 160 km which is surpassing Tesla [Nasdaq: TSLA] EVs. Bitech Technologies [OTCQB: BTTC], a technology enable is considering exploring new opportunity with XFC battery technology with regards to low-cost manufacturing in Vietnam.
Enevate Technology is a Game Changer for Electric Vehicles
The usage of electric cars has faced significant obstacles for quite some time. However, Enevate is gradually overcoming these challenges:
Pain Points for EV Adoption:
Enevate Delivers:
Change Faster, Go Farther with XFC-Energy® Technology
Electric vehicle customers today face a tough decision when it comes to choosing between range and charging speed. The options available in the market either offer acceptable range with slower charging or faster charging but at the cost of lower range and higher prices. This forces customers to compromise on either one aspect or the other. However, with Enevate's XFC-Energy® Technology, you no longer have to make this compromise. Their technology is built on three pillars:
This allows them to pack more energy into a single cell, resulting in over 1000 Wh/L and 350 Wh/kg energy density for large-format EV size cells. Their pure silicon anode is optimized through a combination of factors such as electrolyte formulation, cell design, and cell formation. This sets Enevate apart from other solutions in the market by delivering superior performance in terms of both fast charge capability and longer range. With Enevate's XFC- Energy® Technology, electric vehicle owners can now experience the best of both worlds without any compromises.
Extreme fast Charging technology changes everything
The emergence of extreme fast charging technology has paved the way for a virtuous cycle in the adoption of new technologies. A company at the forefront of this innovation is Enevate, with its revolutionary battery technology. This development opens up possibilities for locations to seamlessly integrate drive-through electric charging, without concerns about potential bottlenecks caused by extended charging times. As gas stations begin to adopt this technology and become extreme fast charging stations, drivers can now confidently take their electric vehicles on long journeys without worrying about finding suitable places to recharge. This advancement not only benefits customers but also encourages further advancements in electric vehicle technology as a whole. By providing convenient and efficient solutions, extreme fast charging is driving the widespread adoption of electric vehicles and propelling us towards a cleaner and more sustainable future.
