LONDON, November 25, 2022 /PRNewswire/ — Spanish company Basquevolt aims to become the European leader in the next generation of solid-state lithium batteries. The company has now been named by Business Worldwide Magazine in its annual ’20 Most Innovative Companies to Watch’. awards.
The list is a celebration of the pioneering organizations that are changing the game in their respective industries and transforming the corporate landscape. Be it healthcare, banking, industrial, construction, energy or more, these companies are at the top–Lead through breakthrough technologies, innovation and modernized business structures.
Those included have a common goal to develop revolutionary products and technologies that drive scalable business models and revolutionize established industries and markets.
The transition from fossil fuels to sustainable alternative solutions is one of the most important challenges in the fight against global warming. Basquevolt responds with its solid-state lithium batteries with innovative technology that accelerates the creation of a fully electric and sustainable world.
In order to accelerate the fight against climate change and reach the carbon neutrality goals defined by many countries, the use of electricity from renewable sources, supported by energy storage in batteries, is expected to be the dominant solution. But there are still barriers the market needs to overcome – the high cost and low energy density of batteries.
CEO and energy expert of Basquevolt, Francisco Carranzahighlights the consequences of not addressing these issues, “Without a significant cost reduction and an important increase in the energy density of batteries, industries such as automotive, marine or aerospace will struggle to meet the demands of electrification, even though the regulatory framework is moving in this direction. Only end consumers with high purchasing power will be able to afford sustainable products.”
Basquevolt develops cost-effective and sustainable solutions for the power supply of small and commercial electric vehicles, trains, airplanes and stationary storage. It also offers an extensive range of electronic devices and aims to revolutionize the way society deals with energy on a daily basis.
Basquevolt’s new generation of solid polymer composites and semi-solid polymer electrolytes push lithium batteries beyond the state of the art in terms of cost, safety and energy density. Its revolutionary technology will result in a cost reduction of more than 30% and a 50% increase in the energy stored in batteries.
Combined with a highly efficient production process, Basquevolt batteries require fewer raw materials, consume less energy and have lower CO emissions2 Footprint per kWh in the production process.
For more information, visit the company’s website at https://basquevolt.com/en
An article about the company can be found on Business Worldwide’s website: https://bwmonline.com/2022/11/21/basquevolt-powering-a-fully-electric-world/
To see the full Top 20 list and to learn more about the full range of Business Worldwide Magazine Awards, visit https://www.bwmonline.com/awards/20-most-innovative-companies-to-watch-awards -2022/
About Business Worldwide Magazine
Business Worldwide Magazine is the world’s leading source of business and dealmaker information. Our quarterly magazine and online news portal enables an established audience of corporate dealmakers to follow the latest news, stories and developments affecting the international markets, corporate finance, business strategy and regulatory changes. This readership includes CEOs/CFOs – banks, corporate lawyers and venture capital/private equity firms to name a few.
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SOURCE Business Worldwide Magazine