IONETIC slashes EV battery pack development time and costs
IONETIC has unveiled Arc, which it refers to as a world-first, software-accelerated, AI-supported development system that delivers multi-million-dollar savings in battery development costs and halves time-to-market for custom packs.
The company says Arc cuts the typical $30 million (£23 million) 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.
James Eaton, CEO and co-founder of IONETIC, said: “As the push for EV adoption accelerates, OEMs need the right partners to bring competitive, electrified vehicles to market as fast as possible. 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.”
Arc rapidly optimises, conceptualises and brings to life battery pack design, facilitating significant time and cost reductions, using a network of AI-accelerated tools.
Rather than requiring a large upfront investment and bespoke manufacturing lines, Arc uses an innovative, flexible manufacturing system, serving multiple customers without the time and costs typically required.