Sai Shivareddy, cofounder and chief executive, says Nyobolt is likely to start with more niche areas such as Formula E racing cars, fleets of commercial vehicles and possibly even eVTOL flying cars. The niobium batteries could be crucial for electric aircraft, as they are able to provide a much more powerful burst of energy than their lithium-ion counterparts — necessary for electric aircraft to take off vertically.
“The batteries could be used in any car but it makes more sense to start with premium, high-performance uses, rather than the mainstream car market,” says Shivareddy
General discussion, page-52
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