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 pioneering organizations changing the game in their respective industries and altering the business landscape. Whether it’s healthcare, banking, industry, construction, energy, or anything else, these companies are on the cut–at the forefront of breakthrough technologies, innovation and modernized business structures.
Those included have a shared goal of developing breakthrough 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, with its solid-state lithium batteries, responds with innovative technology that accelerates the creation of a completely electric and sustainable world.
To accelerate the fight against climate change, as well as achieving the carbon neutrality goals defined by many countries, the use of electricity from renewable sources supported by energy storage in batteries is expected to become the dominant solution. But there are still barriers that the market must overcome: the high cost and low energy density of batteries.
CEO and energy expert of Basquevolt, Francis Carranzaunderlines the implications of not addressing these issues, “Without significant cost reductions and a major increase in the energy density of batteries, industries such as automotive, marine or aeronautics will struggle to meet electrification needs despite the regulatory framework moving in that direction. Only end consumers with a high purchasing power will be able to afford sustainable products.”
Basquevolt develops solutions at competitive and sustainable costs to power electric light and commercial vehicles, trains, airplanes, fixed depots. It also offers a wide range of electronic devices and aims to revolutionize the way society interacts with energy on a daily basis.
Basquevolt’s new generation of composite solid and semi-solid polymer electrolytes takes lithium batteries beyond the state of the art in terms of cost, safety and energy density. Its revolutionary technology will lead to a cost reduction of more than 30% and a 50% increase in the energy available to be stored in batteries.
Together with a highly efficient manufacturing process, Basquevolt’s batteries will need fewer raw materials, use less energy and have lower CO2 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 the Business Worldwide website: https://bwmonline.com/2022/11/21/basquevolt-powering-a-fully-electric-world/
To see the full list of the top 20 and 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 magazine around the world
Business Worldwide Magazine is the leading source of business intelligence and dealmakers worldwide. Our quarterly magazine and online news portal enables an established audience of corporate businesspeople to keep track of the latest news, stories and developments affecting international markets, corporate finance, corporate strategy and changes in legislation. This readership includes CEOs/CFOs – banks, corporate lawyers, and venture capital/private equity firms, to name a few.
E: [email protected]
View original content: https://www.prnewswire.com/news-releases/basquevolt-named-in-business-worldwide-magazines-list-of-20-most-innovative-companies-to-watch-2022-301687082 . html
SOURCE Business Worldwide Magazine