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New Delhi:
Sustainable mobility solutions provider BorgWarner reported its investment in Qnovo, Inc., a privately held, Silicon Valley-based software and controls company. The former is the lead investor for Qnovo’s multi-million-dollar Series-C capital raise.The investment would focus on the basic foundations of energy storage, mobility solutions, and battery charging solutions. With Qnovo’s focus on battery health measurement, fast charging, adaptive charging algorithms, and battery data analytics, the investment deepens BorgWarner’s capacity to further intensify its battery solutions portfolio, the company said.
Qnovo’s software runs on AutoSAR or an equivalent vehicle operating system by augmenting battery chemistry with computation, it added.
Harry Husted, Chief Technology Officer, BorgWarner said, “BorgWarner sees a great opportunity with our strategic investment to collaborate with Qnovo, allowing us to leverage its advanced battery management software in our electrification portfolio. We look forward to partnering with Qnovo as they enter the automotive industry to provide battery solutions to the electric vehicle market.”
According to a media release, reimagining the battery experiences, Qnovo’s key focus areas enhance battery safety, fast charging, expanding longevity, and capacity utilization.
Moreover, when combined with fleet monitoring, the software delivers a compelling solution for adaptive charging and advanced battery pack diagnostics that bring market-leading product and service solutions to the global aftermarket.
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With this agreement, BorgWarner secures exclusive rights to bring the PolyCharge NanoLamTM capacitors in house for use in the company’s extensive selection of inverters, the company said.
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