2023-12-05 17:31:00

Honeywell (HON), Nexceris Expand Partnership on EV Safety

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Nasdaq
By Zacks

Honeywell International HON has expanded its partnership with Li-ion Tamer lithium-ion gas detection solutions developer, Nexceris, to enhance the safety of electric vehicles (EVs). The two companies will develop sensor-based solutions to prevent thermal runaway in EV batteries, which can cause fire due to extremely high temperatures within the battery cell.

With automakers rapidly transitioning to EVs as part of their sustainability initiatives, the safety of these vehicles is imperative. There is also growing demand for EVs, which doubled in 2021 from the previous year to nearly 7 million, per a statement released by HON.

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Although rarely, the lithium-ion batteries that most EVs use can sometimes cause fire, risking lives. As part of the collaboration, Nexceris will develop an enhanced suite of battery monitoring sensors. This will help automotive manufacturers strengthen their battery health monitoring systems through early detection of thermal runaway conditions. HONs battery sensors and gas detection monitoring portfolio and manufacturing expertise will help alleviate risks of thermal runaway.

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