News

MERGER DEAL BETWEEN
ABEE GROUP AND AUTOMOBILI ESTREMA TO FORM ESTREMA­‐ABEE TECHNOLOGIES

Press Release

 

Brussels-­Belgium, Modena-­Italy: 01st March 2021
—————————————————————-

ABEE  (Avesta  Battery  Energy  Engineering)  and  Automobili  Estrema  have  entered  into  a  Merger  Agreement in support of a global battery and high-­‐performance electric vehicle project. The newly formed holding company is named Estrema-­‐ABEE Technologies.
Estrema-­ABEE  Technologies will focus  on delivering industry-­‐first  innovations  with  Automobili  Estrema designing and manufacturing low-­‐volume high-­‐performance electric vehicles and with ABEE providing proprietary technology regarding next generation battery technology and battery packs.
The  developed  hybrid  battery  pack,  with  cell  to  pack  technology,  will  soon  equip  Automobili  Estrema’s first vehicle prototype model called “Fulminea”. This breakthrough battery technology will utilise ABEE’s Li-­‐ion solid-­‐state cells reaching an unprecedented energy density of 450 Wh/kg (1.200 Wh/l). Fulminea is set to be delivered to its first customers in Q3 2023.

About Estrema-­‐ABEE Technologies

Estrema-­‐ABEE  Technologies  is  a  holding  company  which  has  full  ownership  over  ABEE and  Automobili Estrema. Estrema-­‐ABEE Technologies will allow the two merged companies to better compete in the green technology sector with focus on next generation battery technology and zero emission mobility. The newly designed logo, derived from the one adopted by Automobili Estrema, has a green shield which represents environmentally friendly technologies with a blue lighting bolt representing clean electric power.

About ABEE

ABEE,  founded  in  2019  by  Prof.  Noshin  Omar,  is  a  dynamic  engineering  company  specializing in  energy technologies for automotive and stationary applications. 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

About Automobili Estrema:

Automobili Estrema is a boutique manufacturer of electric high-­‐end vehicles. 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 a hybrid battery pack (the world’s first), which combines super capacitors with ABEE’s Li-­‐ion solid state cells.
www.automobiliestrema.com

Statements

 

“Our joint efforts will focus on cutting edge technologies by sharing already existing IP and further enhanced  innovations  including  hybrid  solutions  for  automotive  battery  packs.  The  creation  of  Estrema-­‐ABEE Technologies and this merger will strengthen the position of our companies in a hugely competitive and rapidly expanding market.”

Prof. Noshin Omar,

CEO of ABEE

“Automobili Estrema is proud to be part of this merger with ABEE and the creation of Estrema-­‐ABEE Technologies.  It  brings  together  two  likeminded  CEOs in  this  fast-­‐paced industry, which is moving  towards a zero-­‐emission mobility future. The “Fulminea” will not just be a stunning high-­‐performance electric vehicle, it will also incorporate the best electric powertrain and energy storage technology that the automotive industry has to offer.”

Gianfranco Pizzuto,

CEO of Automobili Estrema

For media related enquires please contact:  media@estremaabee.com  
For investor related enquires please contact:  investors@estremaabee.com 

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

ABEE is planning a new research and production headquarters in Ninove by end of 2021

Bringing innovation and technology at your doorstep

ABEE is a dynamic engineering company specialized in battery and energy technologies for automotive and stationary applications founded in January 2019 by Prof. Noshin Omar. ABEE’s expertise includes battery system design, modelling (thermal & electrochemical), state-of-the-art battery manufacturing infrastructure, processing and prototyping, BMS & module assembly, extensive knowledge in artificial intelligence techniques & battery state estimations, validation & feasibility analysis related to advanced Li-ion and next generation solid-state battery technologies.

Avesta Battery & Energy Engineering (ABEE) was hosted since September 2019 at Solvay Incubator, “The Spark”. Currently, ABEE headquarters is at the Solvay Campus in Brussels and due to the sudden explosion of activities, ABEE is growing at an exponential rate in both personnel and infrastructure. This increase in activity has forced in the movement of ABEE from Brussels region to Flanders region, more specifically Ninove (Dorn Noord sustainable business park). ABEE will establish the headquarters by end of 2021. Planning and constructions are set to begin by end of first quarter of 2021. Thus, ABEE extends its gratitude to Solvay SA and its incubator “The Spark” for supporting it during its initial steps and hopes to continue the mutual collaboration for the years to come. ABEE now enjoys several strategic collaborations namely, BRING (Brussels Research and Innovation in Green Technologies), IMECAR (Turkey), Ikerlan (Spain) and Zhongrui Green Energy Technologies (China) for various activities.

Green headquarters



The building will be a sustainable one (CO2 neutral), as is also in line with the vision of a sustainable business park. For example, ABEE will install solar panels and integrate small wind turbines (100 to 200 kW) that will be independent of the grid. The sustainability aspect will be integrated in all processes and techniques that will be set up.

Today, most employees come by public transport. Those who come by car own mini hybrid vehicles. Nobody drives conventional vehicles. In time, the company will install charging stations, fully developed in-house. These will be charging stations that work in both directions and that not only draw energy from the grid, but also send energy back to the grid.

Development of region and supporting societal actions

There are currently 26 staff members working for ABEE Brussels, envisioned to grow to 35 staff members by the end of 2020. ABEE hosts more that 150 people if its joint ventures and sister company in middle east is taken into consideration.

Today, ABEE’s employees are experts, 90% of whom come from abroad, such as India, Japan, China, Italy, Spain with more than two-thirds having masters or doctoral degree.

ABEE hopes to give back something for the City of Ninove and the region as well. As a company ABEE wants to take social responsibility to engage local people in the business activities. It hopes to further develop our future technologies so that we can also put the sustainable business park Doorn Noord and the City of Ninove on the map, such as the development of hydrogen technology and implementation for heating, cooling, transport and greener mobility. The aim is to also attract and train local people.

ABEE will be located in midst of 10-12 other companies in other sectors where the total employees are estimated to be around 350. ABEE will also setup collaborations with these companies to create sector coupling and help reduce CO2­ footprint of the whole park.

Location and accessibility

The business park is located on the territory of Ninove, between the Aalst-Ninove expressway (N28 / N45) and the Aalstersesteenweg (N405). The business park is accessible via a new, to be constructed and light-controlled intersection on the Aalstersesteenweg (N405)

Figure 1: Picture of the location adapted from DOORN NOORD website

For Further reading

For further information send a mail to contact@abeegroup.com

Copyrights and Disclaimer:

  1. ABEE headquarters images are property of ABEE BVBA.
  2. Images of Doorn Nord is adapted from their public website and ABEE does not claim any rights for it.



PRESS RELEASE

Brussels, November 12th, 2020. Avesta Battery and Energy Engineering (ABEE), IMECAR Elekronik and Zhongrui Green Energy Technologies Co., LTD have entered in a strategic collaboration in the field of commercialization of lithium-ion storage batteries for residential and industrial applications. Through this collaboration, the involved parties will offer competitive energy storage solutions in a modular approach starting from 2.5kWh up to MWh.

 “The joint forces of ABEE, IMECAR and Zhongrui Green Energy Technologies will increase the product and service portfolio of ABEE and IMECAR in Europe. This will enable to strengthen our position on the market with state of the art products with competitive prices.”

Prof. Noshin Omar,

CEO of ABEE

ABOUT ABEE

Avesta Battery & Energy Engineering (ABEE) is a dynamic and specialized company in the field of battery and energy technologies for e-mobility and stationary applications located in Brussels, Belgium. (https://abeegroup.com/)

About IMECAR

IMECAR is a developer and manufacturer of battery systems for automotive and stationary applications. In addition, it is a solid track record in the development, prototyping and manufacturing of small series light duty vehicles. (https://www.imecar.com/)

Zhongrui Green Energy Technologies Co., LTD

Zhongrui Green Energy Technology (Shenzhen) Co., Ltd. is leading solution supplier in China who is mainly engaged in R&D, manufacturing and sales of the distributed power system (DPS), standard lithium battery module, lithium battery energy storage system(ESS), battery management system (BMS), and energy IoT platform.

IKERLAN and the Belgian engineering company, ABEE, reach an agreement to work together in the field of electric mobility and stationary applications


• This alliance will boost the internationalization of the Basque technology center
• IKERLAN is a leading international center for energy storage and power electronics systems

The Basque technology center, IKERLAN, and the Belgian engineering company, Avesta Battery & Energy Engineering (ABEE), have reached an agreement to work together on the design and development of industrial solutions in the field of batteries and energy for the electromobility sector, as well as stationary applications. The alliance will allow both companies to jointly undertake industrial projects in the international market, mainly in Europe and the Middle East.

 

With this agreement, both organizations reinforce the close relationship they have had up to now in innovation and research projects, to respond to the needs of the industry.
 IKERLAN is a leading international center for energy storage solutions and power electronics; it will also contribute its technological expertise in the field of digitalization, thus complementing ABEE’s technological capabilities.

 

IKERLAN’s CEO, Marcelino Caballero, stressed that “the agreement with ABEE will enable IKERLAN to tackle international markets and will be a lever for growth from a technological point of view”. Meanwhile, ABEE’s CEO, Prof. Dr. Noshin Omar, said that “the sum of ABEE’s and IKERLAN strengths will reinforce the position of both companies in Europe and the Middle East”.

ABOUT IKERLAN:

IKERLAN, a member of BRTA, is a leading center in technology transfer and the contribution of competitive value to the company due, among other things, to the specialization of its researchers. It offers comprehensive solutions that combine different technological fields into three large areas: Electronics, Information and Communication Technologies (EICT), Energy and Power Electronics, and Advanced Manufacturing. In 2017, IKERLAN obtained certification, via AENOR, for the integrated management system (UNE-EN ISO 9001:2015 and UNE 166002:2014), which recognizes the excellence of the center in the field of R&D&I. It currently has a workforce of around 350 people.

ABOUT ABEE:

Avesta Battery & Energy Engineering (ABEE) is a dynamic and specialized company in the field of battery and energy technologies for e-mobility and stationary applications located in Brussels, Belgium. Today ABEE is a fast-growing multicultural company consisting of team members from various nationalities. It is currently part of 10 running EU funded projects, several industrial projects with OEM’s and government institutions around the world (https://abeegroup.com/).

Avesta Battery & Energy Engineering (ABEE)

WHO ARE WE?

OUR SERVICES

ABEE is a dynamic engineering company specialized in battery and energy technologies for automotive and stationary applications. Our expertise are involved in the battery system design, modelling (thermal & electrochemical), state-of-the-art battery manufacturing infrastructure, processing and prototyping, BMS & module assembly, extensive knowledge in artificial intelligence techniques & battery state estimations, validation & feasibility analysis related to advanced Li-ion and next generation solid-state battery technologies.

“ABEE is Working to Shape a Trustworthy Business that Better Serves to Industry with Our Technological Platform to Develop Next Generation Batteries”

“ABEE is Working to Shape a Trustworthy Business that Better Serves to Industry with Our Technological Platform to Develop Next Generation Batteries”

OUR Facilities

What We CAN Offer You?

ABEE is supporting the industries in the development of tailored made solutions from battery materials to recycling for automotive and stationary applications through the development of dedicated multiscale simulation tools and functions integrated in various platforms.

 

Brussels, July 2nd, 2020. Avesta Battery and Energy Engineering (ABEE) has now entered an MoU with Center for SMART Energy Platform (CSTEP) and Electrochemical Energy Storage and Conversion Laboratory (EESC) at Kung Hee University (KHU). An agreement was reached between the CEO of ABEE, Prof. Dr. Noshin Omar and the Director of the lab, Prof. Dr. Chang Woo Lee to collaborate in the field of energy storage for material selection and upscaling activities.

Prof. Noshin Omar, CEO of ABEE, commented: “The joint forces of KHU and ABEE will benefit both the parties to fast track crucial research activities and decrease the time required to place specific products in the market.”

About ABEE:

Avesta Battery & Energy Engineering (ABEE) is a dynamic and specialized company in the field of battery and energy technologies for e-mobility and stationary applications located in Brussels, Belgium. (https://abeegroup.com/)

About KHU:

Kyung Hee University is a private university in South Korea with campuses in Seoul and Suwon. Founded in 1949, it is considered as one of the best universities in South Korea. (https://www.khu.ac.kr/)

About CSTEP/EESC:

The research team in CSTEP/EESC has been testing batteries for more than a decade, in both mobile and stationary applications, with special dedication to Na, Zn, and Li technologies. CSTEP/EESC has well-established infrastructure and facilities for physical, chemical and electrochemical characterization of materials used in energy storage devices.