News: Swatch diversifies into electric vehicle batteries

Pedelecs

Editorial
May 20, 2015
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Belenos Clean Power, a research subsidiary of the Swatch Group, is working on a new type of battery, initially intended to clean up the automotive industry but with further ambitions in the electric bike, drone and scooter markets.

“Diesel is no longer an alternative. The car industry needs electro-mobility more than ever.” Swatch CEO, Nicholas Hayek, has said, illustrating his vision with the emissions crisis blighting VW in recent times.

A Swatch Group statement reports that the new battery has been developed to be ‘lighter, safer and more powerful’ and is based on a ‘particular compound of valadium rather than lithium, which is becoming more and more expensive.’

The Group say the compound is available in large quantities and can be recycled without difficulty, citing 30% greater range than a conventional battery model as well as charging twice as fast. The Swiss battery also has the protection of 20 patents.

Full story: http://www.pedelecs.co.uk/news/swatch-diversifies-electric-vehicle-batteries/
 
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