Budding battery producer AMTE Power has signed a memorandum of understanding with automotive engineering company Cosworth. The company may use AMTE’s “ultra high power” cells in their specialist electric vehicles that cover many sectors.
Cosworth is known chiefly for its long Formula 1 engagement. As for the non-binding agreement with AMTE Power, the cells may help power the high-performance automotive, aerospace and marine sectors in future. Following its recent acquisition of electrification specialist Delta, Cosworth says it 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.