CHARLOTTE, N.C. — Energy-storage startup ZapGo Ltd. will build a 25-person research lab in Charlotte after it completes a new strategic fundraising round coordinated by the investment bank Piper Jaffray.
Charles Resnick, ZapGo’s president of U.S. operations, says the U.K.-based company is working with a real estate agent now to lease a site for the lab.
The company has developed a super-capacitor, carbon-ion battery. While it could eventually have a number of uses, the current target is as key infrastructure to electric-vehicle charging. The battery would enable fast charging at stations without the need for upgrading the power grid.
ZapGo’s grid-storage solution for electric-vehicle charging won the “Most Significant Innovation” award for electric vehicles this week at the annual IDTechEx Show in Berlin. It is the second consecutive year ZapGo won a top award at that emerging technologies event.
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