InoBat and Poggipolini sign MoU to establish basis of long-term strategic partnership and co-operation between the companies

Bratislava, Slovakia; Bologna, Italy 13th March 2023: InoBat, the European pioneering supplier of premium batteries for electric vehicles, and Poggipolini, an innovative R&D company and technical consultancy with expertise and manufacturing capabilities across industrial, automotive, motorsport, aviation and aerospace sectors, have today signed a Memorandum of Understanding to establish a basis for future strategic and technical cooperation.

InoBat and Poggipolini are leading innovators with complementary networks, expertise, and manufacturing capabilities across major growth industries. The strategic agreement will help align both companies’ current abilities, allowing them to enhance client-offerings across several areas:

  • Combine Poggipolini’s lightweight components and InoBat’s high density cells to drive electrification of aviation and automotive fleets;
  • Pool knowledge to accelerate the development of electrification solutions for clients in the automotive and aviation sectors, especially regarding battery module and pack design solutions; and
  • Drive innovation capitalising on both companies range of high-tech facilities including InoBat’s Voderady R&D Center and Poggipolini’s Bologna Speed Up Lab.

Specifically, the agreement will draw on InoBat’s experience across cell design, chemistry, tailored performance, cell to module integration and prototype manufacturing capabilities. Likewise, Poggipolini will offer expertise across lightweight automotive components, digital solutions, special manufacturing processes and 3D printing competence.

Marian Bocek, Co-Founder and CEO of InoBat commented:

“I am excited to partner with a company like Poggipolini. Both InoBat and Poggipolini pride themselves on innovation and both have a desire to contribute to an environmentally sustainable future. Poggipolini’s approach to ethical social responsibilities, and its impressive innovation in structural parts and high-tech verticalized systems, gives me confidence that both companies will be ideal partners in exploring the development of electrification solutions that can only accelerate our net zero ambitions across Europe and beyond.”

Michele Poggipolini, CEO of Poggipolini spa commented:

“Sustainability is a sharing of values, and I am very grateful to Marian and his team for choosing to accompany me and our team on a visionary path towards the mission of creating and delivering the most Advanced E-Mobility solutions for high performance vehicles. We are ready to challenge the zero emissions target with a team among the best in the world. The partnership between Poggipolini and InoBat will greatly enhance our research center in open innovation. We are pleased to welcome in InoBat to our Speed Up Lab.”

NOTES TO EDITORS

About InoBat

InoBat specialises in pioneering research, development, manufacture, supply and recycling of innovative electric batteries custom-designed to meet the specific requirements of global mainstream and specialist OEMs within the automotive, commercial vehicle, motorsport, and aerospace sectors. InoBat’s provides innovative solutions across the entire value chain thanks to its “cradle-to-cradle” approach, which showcases the concept of a circular economy. InoBat is backed by a strong consortium of strategic investors and partners such as Rio Tinto, Amara Raja, Ideanomics, IFC, IPM Group, Matador, AEN, CSG, Avanea and Across. A European-based battery manufacturer, InoBat already has a battery research and development facility and pilot line under development in Slovakia. InoBat has also been approved for grant financing under the EU sponsored programme, Important Projects for Common European Interest, and already received a grant from the Slovak Government.

For more information and news on InoBat, please visit https://inobat.eu/

About Poggipolini

From 1950, the date of birth of Poggipolini with the grandfather Callisto, passing through his son Stefano and grandson Michele. From the slopes of Formula 1 to the sky, with fasteners and customized components in titanium and special steel alloys for helicopters and supercars. A small mechanical workshop in Bologna as become one of the top ten players in the world in the hot forging segment of hi-tech hardware, behind American and French giants companies with turnover over 2 billion euros. Today Poggipolini Spa has customers all over the world: 70% Aerospace, 10 % Motorsport, 20% Automotive and road cars. Top ten current customers: Leonardo, Ferrari, Safran, Mercedes GP ( F1), Boeing, McLaren, Lamborghini, Mercedes Amg, Ducati, Bugatti.

Contacts

Katarina Stryckova , InoBat Auto

katarina.stryckova@ipmllp.com

Zoë Watt and Tom Davies, Teneo

zoe.watt@teneo.com

tom.davies@teneo.com

Matteo Chicco, Poggipolini

m.chicco@poggipolini.it