AMTE Power, a UK-based manufacturer of batteries, has said its new sodium-ion cells are close to being ready to send out into the field for testing and validation by select customers.
The company makes battery cells aimed at higher value market segments such as high-performance vehicles from an existing site in Scotland but is currently developing a new factory with 0.5GWh annual production capacity.
Due to it focusing on higher value cells for demanding applications, the company believes production lines at its planned ‘Megafactory’ can be as profitable if not more so than the dozens of much bigger gigawatt-hour scale ‘gigafactories’ producing battery cells around the world.
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.
