Leading product company in delivering innovative and sustainable mobility solutions, BorgWarner, on Wednesday announced its investment in Qnovo, Inc., a privately held, Silicon Valley-based software and controls company.
A press release from the company said that BorgWarner is the lead investor for Qnovo’s multi-million-dollar Series-C capital raise. With Qnovo’s focus on battery health measurement and fast charging, the investment deepens its capacity to further its battery solutions portfolio by partnering with Qnovo. The intelligent software offers multiple benefits, including predictive safety measures, faster charging and extended battery life. In addition, Qnovo’s software implements adaptive charging algorithms and predictive tools into an application that runs on AutoSAR or an equivalent vehicle operating system.
Based in Newark, California, Qnovo works on improving the user experience by reimagining the battery and how it’s managed. Augmenting battery chemistry with the company’s unique battery management intelligence software results in Qnovo’s ability to enhance battery safety, enable fast charging, expand longevity and increase capacity utilisation without compromise. The software delivers a compelling solution for adaptive charging and advanced battery pack diagnostics when combined with fleet monitoring.
Harry Husted, Chief Technology Officer, BorgWarner, said, “BorgWarner sees a great opportunity with our strategic investment to collaborate with Qnovo, allowing us to leverage its advanced battery management software in our electrification portfolio. We look forward to partnering with Qnovo as they enter the automotive industry to provide battery solutions to the electric vehicle market.”