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High performing batteries for accelerated uptake of hybrid and electric vehicles

Project description

Fast-charging batteries to drive electric vehicles

The key to enabling widespread introduction of electric vehicles is faster battery charging speed. It takes about an hour to top off a battery. The EU-funded BATTERY PLUS project will bring to market a fast solution for both light (LEV), like motorcycles, and heavy duty (HDEVE), like buses, electric vehicles. Specifically, it will develop higher energy density (leading to more range), an accurate battery state-of-charge (SoC) monitoring system (reducing range anxiety/enlarging the battery life), and lightweight construction (improving manoeuvrability/weight capacity). There is also an app for remote battery health monitoring, diagnostics and predictive maintenance. The project will raise the EU to the forefront of the battery sector.

Objective

Boosted by the threat posed by climate change and high dependency on fossil fuels, electric/hybrid vehicles are keys of the mobility of tomorrow. So far, e-mobility still presents many customer paint points, the main ones reliant on optimal battery technologies. Electric vehicles may stall without a battery revolution and LEVs (e.g. motorcycles)/HDEVs (e.g. buses) cannot be left behind.
BATTERY+ brings into the market unique fast charging high performing battery solutions for Light (LEV) and Heavy Duty (HDEV) Electric Vehicles that go beyond the state-of-the art: higher energy density (leading to more range), the most accurate battery State of Charge(SoC) monitoring system (reducing range anxiety/ enlarging the battery life) and light weight construction (improving manoeuvrability/weight capacity). The revolutionary Fast Maintenance Safety Box together with the accurate SoC system radically reduce the batteries Total Cost of Ownership. MILLOR batteries are designed for 2nd life applications and the use of an App for the remote battery health monitoring, diagnostics, & predictive maintenance, which is new in the HDEVs and LEVs application area, enhances market uptake.
Our target customers are HD&LEV manufacturers. An investment of 1.7M€ will finance the latest developments before its full launch in 2022. BATTERY+ will accelerate our growth phase: generating 129M€ in accum. revenues in 3 years; reinforcing our HR structure (from 17 to 84 employees after 3 years of the project end); and accessing new geographical markets, primarily in EU and later on international markets (USA, Canada and LATAM).
The company behind is MILLOR, SME specialised in the design, development and manufacturing of high added value battery solutions. In just a few years of existence, MILLOR managed to position as a key innovator in battery technology in Spain and has also tied links with key partners in Europe and abroad. The project will position EU at the forefront of the battery sector.

Call for proposal

H2020-EIC-SMEInst-2018-2020

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Sub call

H2020-SMEInst-2018-2020-2

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Coordinator

MILLOR ENERGY SOLUTIONS SL
Net EU contribution
€ 1 198 225,00
Address
Calle de portugal, 25
08290 Cerdanyola del vallès
Spain

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Este Cataluña Barcelona
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Other funding
€ 539 275,00