Ex-Aston Martin CEO Is Now Chairman of This Startup

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Ex-Aston Martin CEO Is Now Chairman of This Startup
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The former CEO of Aston Martin joins a UK-based EV startup that is focusing on crucial EV components.

At the moment the company is advancing toward launching its first giga-scale manufacturing plant in the UK, promising a state-of-the-art EV battery pack design platform.

For automakers, Ionetic promises a battery pack platform that can increase energy density by 30%, in addition to improving the utilization of battery pack volume by up to 120%. The startup plans to begin pilot production of its own battery pack this year, seeking to offer automakers an alternative to off-the-shelf units that are often not well suited to a variety of EVs.

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