Mobility 54 Investment SAS ('Mobility 54') the corporate venture capital subsidiary of
Background
The global trend towards carbon neutrality in recent years has led to a huge increase in demand for battery energy storage, which is essential for the energy transition.
On the other hand, infrastructure for the disposal of battery is not yet fully developed in
About Aceleron
Aceleron was established in 2016 to create the most sustainble ESG positive battery in the world which realise all of the value in the battery, enabling a future where battery waste isn't a challenge. Its technology has been developed with developing regions in mind as it features technology which is easy to assemble and repair without the need for expensive hi-tech machinary. This compression based technology, coupled with data tools and software to service the batteries effectively is a step change from the conventional battery construction technique of welding cells together which leads to an un-maintanable, difficult to deal waste challenge. For users, this can reduces replacement costs and ensures that the battery technology is truly paying back the carbon used in both construction and recycling of the pack.
The company started operations in
Purpose of Investment
Mobility 54's investment in Aceleron envisions to accelerate the carbon neutrality and circular economy in
In addition, the group will work with Aceleron to generate a series of synergies with its existing businesses and partners - including a potential collaboration with its e-micro mobility and solar PV businesses.
The group will continue to invest in partners with innovative technologies and services in order to help solve the social and industrial challenges in
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