MESA, Ariz., March 15, 2023 (GLOBE NEWSWIRE) -- Atlis Motor Vehicles (Nasdaq: AMV), a vertically integrated electric vehicle technology ecosystem company, and battery cell manufacturer fully owned and operated in the US, today unveiled battery cell data for its proprietary pouch cell.
Atlis’ NMC pouch cells successfully meet the targets necessary to enable 15-min charging and ensure consistent performance. Internal testing shows cells with up to 254 Wh/kg energy density, 1.74 mAh average internal resistance, and the ability to maintain 80% usable capacity after 2,000 cycles.
“We’re on track to meet one of our first goals – to develop a battery cell capable of high performance,” said Mark Hanchett, Founder and CEO of Atlis Motor Vehicles. “Our next step is to put these in a battery pack for delivery to our first set of customers. As an execution focused company, generating revenue in 2023 is a critical goal for the company and we’re proud to be hitting projected targets along the way.”
The Company has continued to scale battery manufacturing capability since mass production trials of the AMV cell began in November 2022. The Company is working diligently to meet more than 2 gigawatt-hours (GwH) worth of customer demand. Atlis hopes the data will enable customers and industry professionals to better understand the capabilities of its proprietary battery cell technology and encourages peers to share similar battery cell specs.
Successful development of Atlis battery cells should inspire confidence in the Company’s ability to deliver battery packs to customers in the near future. Atlis battery packs will have a projected energy density of up to 317 Wh/L. This includes structure, cooling and heating solutions, electronic system, battery management and control systems, and necessary support hardware.
Atlis intends to ship its first battery packs during the first half of 2023.
For more on Atlis battery cell technology, please visit https://bit.ly/AMVcelldata
About Atlis Motor Vehicles
Atlis Motor Vehicles is a technology company driving cutting-edge innovation in electrification and infrastructure. For more information, visit www.atlismotorvehicles.com.
Forward Looking Statements
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Atlis Motor Vehicles
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