Vancouver-based Hillcrest Energy in final trials with EV companies on tech that could reduce battery size by 15%
As the world transitions away from fossil fuels and embraces electrification to combat climate change, a major challenge arises: a shortage of minerals, particularly lithium, needed for batteries.
of lithium is set to hit 1.5 million tons by 2030, but if electric vehicle sales continue rising at current rates, demand could hit twice that in the same period.. With their proprietary technology in the final stages of commercialization, they have the potential to make a substantial impact on the current challenges.The company has developed an innovative technology known as a ’soft switching’ inverter.
“Vehicle manufacturers are looking for technologies that allow for the materials they have to be stretched over more cars,” says Don Currie, Hillcrest’s Founding CEO and Director. “They can’t meet their stated public numbers without innovations and improvements in existing technology. If you can take 15% of the volume of the battery away, they can put more EV cars on the road.
Hillcrest’s team developed a proof of concept in just seven months, a commercial prototype 12 months later. Now, they’re well into testing and demonstration with seven auto manufacturers and top-tier component suppliers.
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