Stellantis (NYSE:STLA) and battery designer, Saft on Thursday unveiled their new Intelligent Battery Integrated System (IBIS) prototype: An energy storage battery that integrates the inverter and charger functions. The unique integration creates a battery that is more efficient, which enhances battery-electric vehicle range, is smaller, more reliable, and less costly.
After four years of collaboration through modeling and simulations to develop this new battery, the 25 engineers from CNRS (French National Centre for Scientific Research), Stellantis, and Saft are now focused on building a fully functional prototype vehicle that will be tested on Stellantis development benches and test tracks, as well as on open roads.
“Our journey to electrification is fueled by innovation and research excellence that uses the latest technology to address the real needs of our EV customers, such as range, roominess and affordability, while reducing carbon footprint by improving efficiency,” said Ned Curic, Stellantis chief engineering & technology officer. “This revolutionary battery system could mark a decisive step in Stellantis’ commitment to provide useful, easy and advanced technology to all.”
In the realm of stationary energy storage and renewable energy integration, Saft, a key partner in the project, is poised to provide turnkey installations that boast enhanced battery availability, optimized energy utilization, and a smaller physical footprint. The IBIS battery's inherent architecture simplifies facility maintenance and upgrades while contributing to a reduced carbon footprint at the site.
“Saft has been at the heart of industrial battery innovation for over 100 years. As pioneers in this cutting-edge field, our researchers are able to carry out research programs like IBIS over the long term. We are delighted to have this collaboration with other recognized partners in this field of expertise, on this innovative project aimed at revolutionizing electric mobility and stationary energy storage,” said Cedric Duclos, Saft CEO.
Shares of STLA are down 0.03% in early trading on Friday.