Wednesday, March 4, 2026

Qnovo Secures Strategic Investment from Hyundai and Kia

Qnovo has revealed a strategic investment deal with Hyundai Motor Company and Kia Corporation to further develop their relationship and speed up the adoption of its battery intelligence software in electric mobility and other applications in the future. In this regard, the company refers to the International Energy Agency’s Global EV Outlook 2025, which indicates that battery needs in EV and energy storage applications will quadruple to more than 4,000 GWh by 2030. Through a scalable, hardware-free digital accounting of battery health, Qnovo enables real-time performance and safety optimization while generating data to underwrite warranties and unlock residual battery value across the lifecycle.

Also Read: Harbinger Acquires Phantom AI and Secures ZF Licensing Agreement

“Hyundai Motor and Kia’s investment is a testament to the strategic importance of sophisticated battery intelligence for charging and vehicle experience,” said Nadim Maluf, CEO of Qnovo. “We are creating a new standard for how batteries are managed, valued and scaled globally.” The investment follows years of collaborative testing, validating Qnovo’s physics-based predictive algorithms against stringent global OEM standards. “Partnering with Qnovo enables us to integrate the leading battery intelligence into our EV platforms,” said Chang Hwan Kim, executive vice president of Hyundai Motor Company. “Qnovo’s unique approach to battery intelligence aligns with our vision for the future of mobility, where software is an important driver of the customer experience and vehicle longevity.”

Read More: Qnovo Secures Strategic Investment from Hyundai Motor and Kia

spot_img

Subscribe Now

    Hot Topics

    spot_img