ION Energy, a US-based provider of advanced electronics for electric vehicles, has entered into an agreement to supply battery management systems (BMS) to electric scooter Spanish startup Ray Electric Motors.
The Barcelona-based startup will use ION Energy’s ‘smart’ FS-LT battery management system for its smart electric scooter, the RAY 7.7, which is powered by a 10.7kW motor coupled to a 7.7kWh battery.
The fixed high-density lithium-ion battery of the e-scooter promises to deliver a top speed of 125km/h and a range of up to 150km with fast charging support.
“Inherently, lithium-ion batteries are unstable and require dedicated management to prevent damage and degradation of the asset. Battery management systems, also known as the “brain” of the battery, are responsible for the efficiency, safety, and longevity of lithium-ion batteries. The battery management systems’ primary role is to ensure the battery operates within its safe operating area by continuously monitoring its current state and logging performance data in real-time. ION Energy’s ‘smart’ FS-LT BMS delivers on both safety and performance, making it the perfect system to manage the RAY 7.7,” read an ION Energy statement.
In addition to automotive-grade safety features, the FS-LT BMS is built with wireless smartphone connectivity and compatible with ION Energy’s cloud-based analytics platform. The platform will allow Ray Electric Motors to send over-the-air (OTA) updates to its scooters, continuously improving the asset’s life and performance.
In its first year, RAY will manufacture a limited set of 1000 vehicles and plans to scale up to a minimum of 10,000 e-scooters by 2023. The company plans to target major metropolitan areas of Europe before expanding to the United States and other regions.
Started in 2016, ION Energy has supplied its BMS technology for over 60,000 electric vehicles in India and Europe. The company provides its technology to 75+ customers spread across 15+ countries.
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Battery management system has great scope in coming years, The global battery management system market size is estimated to grow from USD 5.2 billion in 2019 to USD 12.6 billion by 2024, at a CAGR of 19.5%. The growth of this market is expected to be driven by the growing trend of electric vehicles, increasing requirement of battery monitoring in renewable energy systems, and need for effective electric grid management.
Leclanche (Switzerland), Lithium Balance (Denmark), Nuvation Engineering (US), Eberspaecher Vecture (Canada), Storage Battery Systems (US), and Johnson Matthey (UK), among others, are the major players operating in battery management system market.
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