Amprius Unveils Industry Leading Ultra-High-Power-High-Energy Lithium-Ion Battery, Advancing Aviation And Electric Vehicle Performance
Portfolio Pulse from Happy Mohamed
Amprius Technologies, Inc. (NYSE:AMPX) has unveiled its ultra-high-power-high-energy lithium-ion battery, which achieves a discharge rate of 10C and delivers 400 Wh/kg energy density. The new battery is expected to advance electric aviation and electric vehicle performance. The battery's power output could extend flight range by up to 50% and increase payload capacity. It could also enable high-performance EVs to achieve 0 to 60 mph acceleration below 1.5-seconds. Amprius expects to have samples of this cell available for customers by the end of 2023 with commercialization slated for early 2024.
August 04, 2023 | 1:22 pm
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POSITIVE IMPACT
Amprius Technologies' new ultra-high-power lithium-ion battery could significantly advance electric aviation and EV performance, potentially boosting the company's market position and stock value.
The new battery technology from Amprius could significantly advance the performance of electric vehicles and electric aviation, two rapidly growing markets. This could lead to increased demand for Amprius' products, potentially boosting its revenues and stock price. The company's plan to have samples available by the end of 2023 and commercialization by early 2024 also indicates a clear roadmap for the product's rollout, which could further boost investor confidence.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100