International. BorgWarner, a mobility solutions company for the vehicle market, announced its investment in Qnovo, Inc., a privately held software and controls company based in Silicon Valley. BorgWarner is the lead investor in Qnovo's Series C multimillion-dollar capital increase.
With Qnovo's focus on battery health measurement and fast charging, the investment deepens BorgWarner's ability to expand its portfolio of battery solutions by partnering with Qnovo. Smart software offers multiple benefits, including predictive security measures, faster charging, and longer battery life. In addition, Qnovo's software implements adaptive charging algorithms and predictive tools in an application running on AutoSAR or an equivalent vehicle operating system.
"BorgWarner sees a great opportunity with our strategic investment to collaborate with Qnovo, allowing us to leverage their advanced battery management software in our electrification portfolio," said Harry Husted, Chief Technology Officer at BorgWarner. "We look forward to partnering with Qnovo as they enter the automotive industry to bring battery solutions to the electric vehicle market."
Qnovo Inc., headquartered in Newark, California, is committed to fundamentally improving the user experience by reinventing the battery and how it is managed. Increasing battery chemistry with the company's unique battery management intelligence software results in Qnovo's ability to improve battery safety, enable fast charging, extend longevity, and increase capacity utilization without compromise. When combined with fleet monitoring, the software offers a compelling solution for adaptive charging and advanced battery pack diagnostics.
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