Farasis Energy New Venturi Formula E Team Partner
May 12, 2017 – As the Formula E Championship began its European season, Venturi and Farasis Energy announced a new partnership. Team owner Gildo Pallanca Pastor said, “As one of the leading manufacturers of lithium-ion batteries in the e-mobility area, the American-Chinese company suits Venturi and Formula E perfectly. This partnership is not only a marketing tool but first of all the beginning of a productive long-term cooperation.” Both of Farasis Energy’s founders, CTO Keith Kepler and CEO Yu Wang, shared their excitement for the synergy as well, looking forward to the opportunity to “see our technologies perform under the most challenging conditions.”
USABC Awards $7 Million in Advanced EV Battery Development Contracts to Farasis Energy and PPG
Southfield, Mich., May 11, 2017 – The United States Advanced Battery Consortium LLC (USABC), a collaborative organization of FCA US LLC, Ford Motor Company and General Motors, today announced the award of two advanced electric vehicle (EV) battery development/manufacturing contracts, together valued at more than $7 million, to Farasis Energy Inc. in Hayward, California, and PPG in Allison Park, Pennsylvania. The Farasis Energy contract award, valued at $5.9 million, is for the development of high-energy density, low cost lithium-ion (Li-ion) cell technology that meets USABC goals for advanced batteries for EVs for 2020 commercialization.
New Farasis Battery Technology Extends Electric Vehicle Range, Power and Service Life
Company expands expertise in lithium-ion technology to provide premium battery solutions for broad range of electric vehicle/asset applications.
Hayward, Ca. – September 13, 2016 – Farasis Energy, Inc. has introduced a new lithium-ion battery cell that provides increased energy density (longer range), greater power, improved cooling technology and longer service life. The new technology allows OEMs to build added power and range into their products without increasing the footprint or altering design infrastructure to accommodate larger batteries.
New Farasis Battery Technology Reduces Replacement Rates and Extends Flight Times in Commercial UAV Applications
Hayward, Ca. – September 13, 2016 – Farasis Energy, Inc. has introduced a new lithium-ion battery product line for Commercial Unmanned Aerial Vehicle (UAV) applications that will extend time in the air through increased energy density, extend cycle life to minimize battery replacement rates, and will allow for easier commercial air travel and storage through its modular design.