Mia 2.0 to receive batteries from InoBat

Fox E-Mobility AG is cooperating with Slovakian battery company InoBat Auto as part of its plan to revive the Mia electric car. Both companies have signed a memorandum of understanding for extensive cooperation in the development, production and battery design for the Mia 2.0.

The cooperation includes the delivery of an integrated battery solution that includes the cells, the modules as well as complete battery sets, according to Fox E-Mobility. In addition, the two partners also intend to collaborate on the research and development of battery and thermal management systems based on the latest lithium-ion cells.

According to the memorandum of understanding, the first cells could be delivered from 2022, rising to “well into five figures” from 2023. To develop the batteries to fit the Mia 2.0, the Munich-based company will provide Bratislava-based InoBat with “the necessary engineering data, design information, operational specifications and architecture of the MIA 2.0 including prototypes and the vehicle’s system software”. In return, InoBat will provide the related engineering data and know-how for the complete battery system, he said.

Christian Jung, CTO of Fox E-Mobility AG, calls the partnership a “milestone” and InoBat “a highly competent and respected technology partner”. Marian Bocek, CEO InoBat Auto, adds: “Thanks to our own research and development, we are ideally positioned to provide Fox E-Mobility with the appropriate resources and expertise to develop and supply customised premium battery cell technology for the next generation of electric vehicles.”

Fox E-Mobility had acquired the rights to the Mia in December 2020 and announced a production launch for the first quarter of 2023. The compact model is based on the Mia 1.0, but is said to be equipped with “cutting-edge battery technology and the latest drive systems”. Features such as the central driving position and compact exterior dimensions with the largest possible interior space are to be retained. Technical specifications have not yet been confirmed.

InoBat Auto is planning a cell factory in Slovakia (with an initial capacity of 10 GWh) and had presented its “smart” battery cell in October 2020. The company wants to use methods from the pharmaceutical industry to find and offer the right cell chemistry for each vehicle. In May 2021, InoBat had already received an order for commercial vehicle batteries.

In addition, the Slovakian company is now also cooperating with Siemens: InoBat wants to digitalise its entire value chain for battery production with the solutions of the German industrial group.

marketscreener.com, siemens.com


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