05 Mar BOLD: MOVES II Efficient & Sustainable Mobility
MIA Member BOLD has shared the following press release.
MOVES II Efficient & Sustainable Mobility
BOLD Valuable Technology recognizes funding from the MOVES Singular Projects II (Second Call) program, which approves the direct granting of aid for the execution of unique projects in the field of sustainable mobility.
MOVES supports our next-generation battery project for sustainable mobility as part of the incentive program for unique electric mobility projects, within the framework of the Recovery, Transformation and Resilience Plan financed by the European Union – NextGenerationEU.
Project investment: €3,347,250.00.
Grant received: €2,008,350.00.
This project, funded by the European Union – NextGenerationEU, has enabled the development of an R&D project to develop a scalable, high-performance battery for heavy-duty electric vehicles such as vans and trucks, with a specific power of 2.2 W/kg and a specific energy of 191 Wh/kg. Continuous discharge of up to 110 kW and ultra-fast peak charging have also been achieved.
To find out more click here.