Apollo Power reported this morning (Tuesday) to the stock exchange the signing of a memorandum of understanding with the German car company for the integration of its solar sheets in all the vehicles manufactured by the company.
Apollo Power, based in Yokneam, produces flexible sheets for generating electricity from the sun, which can be placed on various surfaces, including the roofs and hoods of vehicles. The current agreement expands its activities in the automotive field, after in August 2019 the company announced success in testing the electrical and mechanical feasibility of implementing the flexible solar sheet developed by the company on the roof of a Renault Zoe electric vehicle (ZOE) – an electric urban vehicle marketed in Europe and Israel.
According to Apollo Power, the agreement may lead to the introduction of serial production of the company’s solar sheets in all Audi Group vehicles. In the next twelve months, a technology test will be conducted to assimilate the technology on the hoods and roofs of the vehicles, with solar power generation. The load from the vehicle’s original electrical system.
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Upon completion of the tests, the development stage should be reached according to milestones to be determined in advance. The final phase is planned to be the “serial production phase”, in which Audi – or any other company in the concern, including Volkswagen, Skoda or Seat – will have “market to first” status for a few months.
Oded Rosenberg, CEO of Apollo Power, was quoted this morning as saying that “the memorandum of understanding with Audi was signed after the first joint experiments with Audi teams in Germany. We strive to continue in partnership with this strong group to integrate the technology we have developed in serial vehicle production and in large quantities. ”
Stephanie Fox, CEO of Connect – the innovation center of the Volkswagen Group in Israel – said that “since the launch of Konnect in 2018, we have initiated 20 development projects with Israeli start-ups on the core technology issues of the Volkswagen Group. One of the key issues is the electric vehicle, which includes investments of 30 billion euros to develop 70 electric and hybrid models by 2025. We are pleased to have been able to initiate and support the collaboration between our brand Audi and Apollo Power thus contributing to the Volkswagen Group’s clean transportation vision. We look forward to expanding the collaboration and integrating Apollo’s innovative technology into other brands of our group. “