108 million euros invested in Skeleton, which produces a ‘super battery’ that can be charged in 30 seconds!

Skeleton Technologies is preparing to produce ‘super batteries’ that can be charged in 30 seconds with the ‘curved graphene’ it has developed. The company has raised 108 million euros in the latest investment round by Siemens.

The graphene battery stands out with a lifespan of up to 50,000 charging cycles and the potential to be fully charged in 30 seconds. The company is planned to be used as a battery in heavy electric vehicles especially in mining and as an energy storage solution in high-speed charging stations.

The Latvia-based company is building a facility in Germany where it can produce 12 million cells a year. The last investment raised is expected to be spent on this facility.

Skeleton’s super battery can only be used for short-term storage because it is actually a supercapacitor. It provides great superiority over the lithium-ion battery with a power density of 10 kW/kg. In addition, its energy density of 65 Wh/kg makes it difficult to integrate into passenger cars. Nevertheless, it seems to be unrivaled in the mining and charging sectors in terms of short-term storage and responding to high power needs.