http://www.itproportal.com/2015/08/27/bosch-acquires-battery-startup-to-target-electric-car-market/
Bosch acquires battery startup to target electric car market
27/08/2015  By Barclay Ballard

Bosch looks to have its sights set on the electric automobile market, after
acquiring Silicon Valley battery manufacturer Seeo.

Seeo was only founded eight years ago but has already garnered a reputation
for developing innovative battery technology, in particular its rechargeable
lithium-ion battery which uses a nano-structured polymer electrolyte.

Its DryLyte range of batteries uses solid state technology which comes with
a number of advantages. Safety is improved as the batteries are
non-flammable and they also boast higher usable energy levels and industry
leading lifetime.

Bosch already supplies a number of products to the automobile industry and
the Seeo acquisition will enable it to target the battery market
specifically. Battery life is one of the key issues for many consumers when
it comes to electric vehicles and many cars can travel less than one hundred
miles on a full charge.

In addition to the electric car market, Bosch is also taking a keen interest
in autonomous vehicles. The German firm recently announced that it is
collaborating with a number of other suppliers to create a “cooperative
highly automated driving” (Ko-HAF) research initiative. Bosch will be tasked
with creating a backend solution for collecting and making available
information about a vehicle’s surroundings.

In both the electric car and autonomous vehicle market, Bosch is likely to
face stiff competition. Seeo is competing with a number of other battery
startups including QuantumScape and Solid Energy Systems, while the
self-driving car field is dominated by the likes of Google and Audi.
[© itproportal.com]
...
http://seeo.com/drylyte-battery-advantages
DryLyte Battery Advantages



http://fortune.com/2015/08/27/bosch-buys-battery-startup-seeo/
Why Bosch is buying Silicon Valley battery startup Seeo
by Katie Fehrenbacher  August 27, 2015
The acquisition is likely coming at a crucial time for the battery startup,
which is working on a second-generation of its battery technology ...
https://fortunedotcom.files.wordpress.com/2015/08/screen-shot-2015-08-27-at-11-56-39-am-e1440705322438.png




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