JOINT
VENTURE
ANNOUNCEMENT
BETWEEN
ABEE
GROUP,
AUTOMOBILI
ESTREMA
AND
IMECAR
ELEKTRONIK

Press Release

 

Brussels, Modena, Antalya: February 2nd 2021

ABEE (Avesta Battery Energy Engineering), Automobili Estrema and IMECAR Elektronik have entered into a Joint Venture agreement to showcase their state of the art battery technology through this strategic alliance.

The first joint project will have ABEE delivering their proprietary solid state cells to IMECAR who will produce a high performance hybrid battery pack-­‐ with cell to pack technology-­‐ for Automobili Estrema’s first hypercar called “Fulminea”.

The hybrid battery pack will combine ultra-­‐capacitors with ABEE’s Li-­‐ion solid-­‐state cells reaching an unprecedented energy density of 450 Wh/kg (1.200 Wh/l).

Fulminea will be delivered to its first customers in the secondhalf of 2023.

ABEE

ABEE isa dynamic engineering company specialized in battery and energy technologies for automotive and stationary applications founded in 2019 by Prof. Noshin Omar. ABEE’s expertise includes battery system design, validation & feasibility analysis related to advanced Li-­‐ion and next generation solid-­‐state battery technologies manufacturing. www.abeegroup.com

Automobili Estrema

Automobili Estrema is a newly formed boutique manufacturer of electric hypercars and supercars. It was founded in 2020 by electric car entrepreneur Gianfranco Pizzuto. Their first hypercar model “Fulminea” will be the first street legal electric vehicle to use (anabsolute first) a hybrid battery pack which combines super capacitors with ABEE’s Li-­‐ion solid state cells. www.automobiliestrema.com

IMECAR ELEKTRONIK

IMECAR ELEKTRONIK is a developer and manufacturer of battery systems for automotive, stationary and other industry applications founded in 2012 by Mark Lander. In addition to its battery technology expertise, IMECAR has a lengthy and solid track record in the development, prototyping and manufacturing of small series light duty vehicles. www.imecar.com

Statements

 

Our joint forces will focus on important technologies by sharing already existing IP and enhance further innovations including hybrid solutions for automotive battery packs. This joint venture will strengthen the position of our companies in a competitive and fast growing market.”

Prof. Noshin Omar

CEO of ABEE

Automobili Estrema is proud to be part of this alliance in this new age of the automobile industry. We can’t wait to test the performance of this hybrid battery which will allow us to be the first in the world to offer such technology to our Fulminea customers.”

Gianfranco Pizzuto

CEO of Automobili Estrema

We are very delighted with this joint venture withsuch an international team of companies. This new joint venture will enable us toprove once more our competence when it comes to engineer and produce battery packs meeting the needs of our customers

Mark Lander

CEO of IMECAR ELEKTRONIK