Proprietary system of software, hardware and manufacturing technologies, developed by IONETIC, demonstrates ability to dramatically reduce costs and halve the development time for EV battery pack manufacturing.
IONETIC launches Arc – a world-first software-accelerated, AI-supported system designed to dramatically reduce the time and costs associated with developing a fully customised EV battery packs.
Arc delivers tailored solutions that enable OEMs to save millions in development costs, bypassing the traditional >$30m investment and four-year timeline.
Arc delivers custom battery packs that fully meet customer needs, with the cost-efficiency of mass production.
London, UK, 22nd October 2024 – UK-based EV battery pack technology start-up IONETIC has today unveiled a world-first software-accelerated, AI-supported development system, Arc, that delivers multi-million dollar savings in battery pack development costs, and halves time-to-market for custom battery packs.
Launched alongside IONETIC’s refreshed logo, brand, and website, Arc slashes the typical ~$30Mn investment and four-year development cycle required for bespoke EV battery systems from tier 1 suppliers by automating design and integrating pre-validated components into a fully end-to-end battery pack development system. The Arc system allows IONETIC to rapidly deliver cost-effective, performance-optimised battery solutions that meet OEMs’ customer and commercial needs faster and with less risk.
James Eaton, CEO and Co-Founder of IONETIC, said: "As the push for electric vehicle adoption accelerates, OEMs need the right partners to bring competitive electrified vehicles to market as fast as possible. IONETIC’s fully end-to-end, in-house offering firmly establishes our position as a battery technology tier 1 at the forefront of innovation; our Arc system allows us to provide OEMs with pre-validated, tailored solutions – enabling them to remove inefficient development processes, focus on vehicle innovation, and eliminate the usual bottlenecks of cost and time. It’s our mission to help OEMs supercharge the electric transition in a way that is profitable and future proofed for the next era of mobility – a mission that our proprietary technology is primed to achieve.”
Battery pack development is one of the most time- and cost-intensive challenges in bringing an EV to market, on-schedule and at an affordable price-point. OEMs needing between 100 and 10,000 battery packs a year are typically faced with a difficult choice: between expensive and time-consuming, highly bespoke battery packs; or low-performance off-the-shelf solutions – with neither option providing a compelling way for OEMs to launch electrified vehicles.
With 95% of the world’s OEMs producing low-volume bespoke platforms such as trucks, buses, and sports cars, IONETIC’s AI-supported, end-to-end approach effectively unleashes the ability of EV OEMs to access high-performance custom battery packs without the usual costs and complexity.
Arc enables IONETIC to deliver batteries to OEMs that combine the best speed and affordability of off-the-shelf solutions with the flexibility and performance of bespoke designs– which reduces time, cost, and development challenges. The system achieves this by seamlessly integrating three elements:
· Software: A network of AI-accelerated design tools which remove manual, iterative human design engineering. Instead, Arc rapidly optimises, conceptualises, and brings-to-life the battery pack’s design, facilitating significant time- and cost-reductions.
· Hardware: Arc is built around a pre-defined design system, including a number of pre-validated systems and components, all whilst supporting multiple different cell formats. This reduces both programme risk and validation time, whilst remaining highly flexible.
· Fabrication: Rather than requiring large up-front investment and bespoke manufacturing lines, Arc utilises an innovative, flexible manufacturing system. More akin to the approach taken by semiconductor fabricators, this allows IONETIC’s production facility to serve multiple different customers, without the time and costs typically required for new-line set-up.
IONETIC, founded in 2022, is a leading innovator in EV battery pack technology, combining advanced software tools and smart manufacturing systems to deliver high-performance, cost-effective battery solutions for low-volume OEMs. With its cutting-edge Arc system, IONETIC empowers automotive companies to accelerate electrification and future-proof their products for a zero-emission world.
