DG Innovate, led by former Tesla executives, is planning to power electric vehicles with biowaste and sodium. The company was started in 2009, earning crucial funding through equity rounds and grants along the way, as well as meeting key technological benchmarks, all according to a timeline posted on DGI’s website.
Now, with CEO Peter Bardenfleth-Hansen and Executive Director Jochen Rudat among the leaders in place, the company is poised for final testing and manufacturing next year, DGI reports.
It could be game-changing work, as the unique batteries are designed to store renewable energy in addition to powering EVs.
This isn’t new territory for Bardenfleth-Hansen and Rudat. According to DG Innovate’s leadership bio page, Bardenfleth-Hansen helped to launch Tesla in Scandinavia, and Rudat worked for Tesla during the EV maker’s early years in Europe, reporting directly to Elon Musk.
DG Innovate plc (LON:DGI) is an advanced research and development company pioneering sustainable and environmentally considerate improvements to electric mobility and storage, using abundant materials and the best engineering and scientific practices. Deregallera is a subsidiary of DG Innovate.