Company applies fast-charging battery technology to warehouse robots rather than electric vehicles.
The Information reports that chemistry professor Clare Grey developed a battery at the University of Cambridge that charges in a minute or two. Nyobolt has paired that technology with non-humanoid robots. The company identified warehouse robots as a profitable market because the batteries proved too expensive for electric vehicles. This application has produced a 1 billion dollar valuation for Nyobolt. The outlet generated the headline Nyobolt Targets Warehouse Robots With Fast-Charging Batteries Too Costly For EVs to summarize the development.
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Company applies fast-charging battery technology to warehouse robots rather than electric vehicles.
The Information reports that chemistry professor Clare Grey developed a battery at the University of Cambridge that charges in a minute or two. Nyobolt has paired that technology with non-humanoid robots. The company identified warehouse robots as a profitable market because the batteries proved too expensive for electric vehicles. This application has produced a 1 billion dollar valuation for Nyobolt. The outlet generated the headline Nyobolt Targets Warehouse Robots With Fast-Charging Batteries Too Costly For EVs to summarize the development.
The Information@theinformationNyobolt found a lucrative use for a battery that was too expensive for electric vehicles: warehouse robots that can’t afford hours of charging downtime. Full story: https://thein.fo/45TTMJx
The Information@theinformationNyobolt found a lucrative use for a battery that was too expensive for electric vehicles: warehouse robots that can’t afford hours of charging downtime. Full story: https://thein.fo/45TTMJx
