TAE Power Solutions develops modular energy storage and power delivery systems that enable electric vehicles to charge twice as fast and extend their range by 10-15% compared to conventional battery-electric powertrains. Their technology also optimizes stationary energy storage, reducing the levelized cost of storage while maximizing the efficiency of renewable energy utilization.
Funding
Funding not disclosed
Founders
Product
Problem
Electric vehicles face limitations in charging speed and range due to the constraints of conventional battery-electric powertrains. Stationary energy storage systems also struggle with efficiency and cost-effectiveness, hindering the widespread adoption of renewable energy sources.
Solution
TAE Power Solutions develops and commercializes modular energy storage and power delivery systems that enhance the performance of electric vehicles and stationary energy storage. Originally developed for TAE Technologies' fusion research reactors, their technology enables electric vehicles to achieve faster charging times and extended ranges. The same modular components can be applied to stationary systems, optimizing renewable energy utilization and reducing the levelized cost of energy storage. TAE Power Solutions aims to accelerate the transition to an electrified world by providing more efficient and affordable energy solutions.
Target Audience
The primary target audience includes electric vehicle manufacturers seeking to improve vehicle performance, renewable energy providers looking to optimize energy storage, and businesses requiring efficient and scalable power solutions.
Features
- Modular energy storage systems that can be scaled for various applications
- Proprietary intelligent AC power (ACi) and Converter Battery Module (CBM) technology
- Bi-directional power delivery with sub-millisecond response time
- Fast charging capabilities for electric vehicles
- Optimized battery management for superior peak output and reduced levelized cost of storage
- Dynamically monitors battery State of Charge and State of Health
- UL certified fast chargers with power outputs of 180kW, 360kW and 400kW