Oxfordshire-headquartered battery cell manufacturer AMTE Power has signed a memorandum of understanding (MoU) with an automotive engineering company to support the development of next-generation electric vehicles.
The non-binding agreement with Cosworth paves the way for AMTE Power to supply its ultra high power (UHP) cells for use in Cosworth’s advanced propulsion technologies.
A partner to major OEMs, Cosworth designs battery and electric vehicle services to power the high-performance automotive, aerospace and marine sectors. Following its recent acquisition of electrification specialist Delta, the company has accelerated its development of battery systems to complement its electrified powertrains and engines.
AMTE Power plc (LON:AMTE) is a recognised brand in the production of high-quality lithium-ion batteries across a range of markets including automotive, aerospace, defence, oil & gas and energy storage.