The demand for electric motor vehicles has continued to increase at a steady pace over the years, and with this demand comes the demand of a longer lasting battery that could power these vehicles. German-based auto parts manufacturer Robert Bosch announced today that the company has acquired California-based battery manufacturer Seeo Inc., who has developed a next-generation lithium-ion battery that is capable of doubling the range of current electric vehicles (EV).
Even though electric vehicles (EV) have steadily gained popularity, it is still not a prominent piece of the entire car industry, primarily due to the issue of range. Currently, our battery technology only allows EV to travel an approximate 300 miles and will take several hours to recharge. With Seeo’s battery technology integrated, EV range can be doubled approximately.
Seeo was originally founded in 2007 and funded by the Department of Energy’s Batteries for Advanced Transportation Technology program with the goal of creating a new high-energy rechargeable battery. Seeo currently holds an exclusive license to core patents from Lawrence Berkeley National Laboratory. With the acquisition of Seeo, Bosch can now produce lightweight batteries on an industrial scale. The financials behind the deal has not been released.