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Battery developer Innolith makes top-level hires as it readies for commercialisation

Fri, 06/04/2021 - 10:39 -- paul Crompton
Battery developer Innolith makes top-level hires as it readies for commercialisation

Battery developer Innolith has made two senior appointments as it prepares for commercialisation of its lithium-ion inorganic electrolyte technology.

Florian Wolf (left) has been appointed the firm’s chief financial officer, and Nicole Roth (right) is the Switzerland-based firm’s director of sales in its inaugural commercial role.   

Roth, who has previously worked with A123 Systems, Continental Systems and Renault Deutschland, will engage with Innolith customers, liaise with OEM automotive manufacturers for the design and production of battery systems and the development of new e-mobility markets.   

Investment banker Wolf joins Innolith joins from within JP Morgan’s Diversified Industries Investment Banking team where he specialised in the origination and execution of corporate finance deals (including IPO, SPAC, Private Capital, Debt and M&A events) for automotive clients.   

The new appointments come as Innolith reports the energy density of its battery has reached 310Wh/kg.

Konstantin Solodovnikov, CEO of Innolith AG, said the company had reached a crossing point where its focus on new battery technology development was now switching to the industrialisation and commercial marketing of the technology.

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