established in the Netherlands Eleo is on a mission to accelerate the transition to a fossil-free future. How? Well, by supplying high-tech batteries to the machines and vehicles that are most difficult to electrify.
These mainly include industrial, off-road equipment in the construction, agriculture and forestry sectors, as well as electric mobility ranging from trucks and last-mile delivery vehicles to ships.
Eleo started as a student team at Eindhoven University of Technology and was founded in 2017. Since then, it has been designing and manufacturing in-house battery systems that increase a high level of performance and flexibility.
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Specifically, the startup offers modular batteries that are scalable in size, voltage and capacity to meet customer-specific requirements. Users can also ensure that the battery packs are delivering optimal performance through Eleo’s proprietary battery management system (BMS), which provides state of charge (SOC), state of health (SOH) and battery health estimates. power (SOP).
Another product advantage the company offers is the “plug & play” nature, which means that the batteries come fully certified, tested and ready for immediate installation.
Now the startup plans to increase its production capacity tenfold with a new factory on the Automotive Campus in Helmond — which was inaugurated last Thursday by King Willem-Alexander.
The new 3,000 meters² building will be responsible for the fully automatic assembly of battery modules. It will also include a research center and development laboratories to advance current battery technology.
In total, the plant will increase annual production capacity tenfold to approximately 10,000 battery packs, which together can store approximately 500 MWh of power. Eleo also expects to grow the workforce from 60 to 200 employees over the course of two years.
“The trend towards zero emissions is already well underway in the automotive industry,” said Bas Verkaik, co-founder of Eleo in a statement. pronunciation. “Electric cars are already quite well known, but that does not yet apply to electric construction machines. Electrification in construction is not that far yet. We want to initiate and facilitate this development with our batteries.”