RCS - AMTE Power PLC - COP26 Engagement and Award of Grant

Amte PowerAnnouncement

09/11/2021 07:00

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RNS Number : 7260R  AMTE Power PLC  09 November 2021

9 November 2021

 

AMTE POWER PLC

COP26: Senior Level Engagement with Governments and Industry Around Electric
Vehicle Adoption and New Grant Award from Scottish Enterprise

 

AMTE Power plc ("AMTE " or the "Company"), a developer and manufacturer of
lithium-ion and sodium-ion battery cells for specialist markets, has been
actively engaged in discussions at a senior level with government bodies and
global corporations throughout COP26.

With one quarter of the worlds global emissions coming from transport, it is
not surprising that transport is a major theme across COP26. The AMTE senior
team have been participating on multiple panels and roundtables with a
particular focus on Electric Vehicle adoption and Energy Storage, including:

·    'Scottish Drive for Innovation' focus on Scotland's move towards a
green economy (1 November )

·    'Scaling EVs: An open conversation about the key challenges' a
roundtable event, sponsored by Octopus Energy and attracting industry leaders
from the automotive industry (8 November)

·    'The Storage and Transportation of Energy' an MSIP Demonstrator and
Showcase event (11 November)

 

AMTE is also pleased to announce that Scottish Enterprise, a non-departmental
public body of the Scottish Government which encourages economic development,
enterprise, innovation and investment in business, has awarded a small grant
to AMTE as part of its ScotHeavy Project, aimed at achieving Zero Emissions
from Heavy Duty Vehicles ("HDV") such as buses, lorries and construction
vehicles.

As a Scottish based manufacturer of battery cells, AMTE naturally has close
links across the Scottish Government and has been working closely with
Scottish Enterprise for some time. The ScotHeavy project will involve AMTE
designing a specific battery module for the Ultra Energy cell.

Kevin Brundish, Chief Executive Officer of AMTE Power, said:

 

"The Electric Vehicle market has not surprisingly been a significant focus
throughout COP26. The Scottish Government have been at the forefront of this
debate and we are delighted to be participating in the Zero Emission Heavy
Duty Vehicles Project. At their invitation we have been involved in a number
of their events in Glasgow and we look forward to progressing the discussions
we have had."

 

 

For further information contact:

 AMTE Power plc                               Tel: +44 (0)1847 867 200

 Kevin Brundish (Chief Executive Officer)

 James Hobson (Chief Financial Officer)

 WH Ireland Limited (NOMAD and Joint Broker)  Tel: +44 (0)207 220 1666

 Chris Fielding / Ben Good
 SI Capital Limited (Joint Broker)            Tel: +44 (0)1483 413 500

 Nick Emerson / Nick Briers

 Novella Communications                       Tel: +44 (0)203 151 7008

 Tim Robertson / Fergus Young

 

ABOUT AMTE POWER PLC

AMTE Power was founded in 2013 and is a leading developer and manufacturer of
lithium-ion battery cells for specialist markets. In March 2021, the Company
listed on the AIM market of the London Stock Exchange, making the Company the
only listed UK battery manufacturer. The Company is focused on launching a
series of next generation battery cells based on new chemistries and cell
structures that are designed to solve key problems in power delivery, energy
performance, and safety. These new products are targeted at a range of
specialist markets including the automotive industry, oil and gas market and
energy storage sector. AMTE's purpose-built cell manufacturing facility in
Thurso, Scotland has the second largest cell manufacturing capacity in the UK
and the Company also has a product development team based in Oxford. For
further information visit the Company's website: www.amtepower.com
(https://amtepower.com/)

 

 

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