The Netherlands-basedEleois on a mission to accelerate the transition to a fossil-free future.
Well, by providing high-tech batteries to the machines and vehicles most difficult to electrify.
Eleo started out as a student team at the Eindhoven University of Technology, and was founded in 2017.
Since then its been designing and manufacturing in-house battery systems that boost a high level of performance and flexibility.
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The new 3,000m2building will be responsible for the fully-automated assembly of battery modules.
Itll also incorporate a research center and development labs to advance current battery technology.
Eleo also expects to grow its personnel from 60 to 200 employees over the course of two years.
Electric cars are already quite well-known, but thats not yet the case for construction machinery running on electricity.
In construction, electrification is not too far along yet.
With our batteries, we want to initiate and facilitate this development.
Story byIoanna Lykiardopoulou
Ioanna is a writer at TNW.
With a background in the humanities, she has a soft spot for social impact-enabling technologies.
