Nyobolt

Nyobolt’s world leading team of technologists have used a systems level approach in developing ultra fast charging, high power battery solutions. Using new materials, cell designs, efficient software control and power electronics, batteries can now be produced with a much faster charging time and more power at a smaller size. Nyobolt’s unique technology is manufacturable and scalable right now. It is safer and more efficient than alternatives, reducing operational risk and down time, as well as offering higher overall performance. Co Founded in 2019 by Professor Dame Clare Grey DBE, FRS and CEO Dr Sai Shivareddy, Nyobolt is unlocking the potential of battery technology to power innovations that can’t wait.

http://www.nyobolt.com

51-200 employees

Growth Trajectory

Nyobolt is positioned for growth by expanding its applications in EV & charging and industrial & robotics sectors, particularly in electrifying surface mine haul trucks. They are investing in R&D of alternative new materials and lifecycle sustainability of Li-ion batteries, with a focus on high-power charging solutions and efficient thermal management. This is supported by their expansion of cell development and prototyping facilities and recent Series B funding.

Technical Challenges

Improving battery density for heavy-duty applications such as mine haul trucks.

Ensuring high charge rates (4C or higher) and regenerative energy acceptance.

Managing battery degradation at high charge-discharge cycles.

Developing efficient thermal management solutions.

Integrating battery systems with charging infrastructure and existing vehicle fleets.

Tech Stack

Li-ion batteriesMetal oxide anode materialsGraphite-dominant anode materialsBMS (Battery Management System)Software control systemsPower electronicsNiobium-tungsten-based metal oxide material

Team Size

R&D Teams

Engineering Teams

Software Development Teams

Cell Development Teams

Prototyping Teams

Key Risks

Dependence on critical minerals like lithium, cobalt, and nickel exposes the company to supply chain vulnerabilities and price fluctuations.

Export restrictions on certain graphite products could impact battery production and material sourcing strategies.

Competition from established battery manufacturers and alternative energy sources may challenge market share and technology adoption.

Electrifying surface mine haul trucks depends on technology and integration with charging infrastructure.

Failure to address the environmental and social impacts associated with the extraction, refining and processing of critical raw materials may result in customer dissatisfaction and environmental regulations.

Opportunities

Further innovation in materials science could lead to even faster charging times and longer cycle life, creating a stronger competitive advantage.

Expanding into automotive and heavy-duty off-highway applications can diversify the customer base and increase market reach.

Partnerships with charging infrastructure providers and equipment manufacturers can streamline integration and accelerate technology adoption.

Developing efficient thermal management systems can improve battery performance and safety.

Exploring novel raw materials and recycling routes can mitigate supply chain risks and enhance sustainability.

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