• Andretti Autosport and Enevate align in each company�s quest to further sustainability solutions

• Enevate will be featured on the No. 28 driven by Romain Grosjean

IRVINE, Calif.--(BUSINESS WIRE)--Enevate, a pioneering battery innovation company featuring extreme fast charge and high energy density battery technologies for electric vehicles (EVs) and other markets, announced that it has joined Andretti Autosport�s partnership portfolio for the Honda Indy Grand Prix of Alabama. Andretti Autosport and Enevate align in each company�s quest to further sustainability solutions.

To celebrate the relationship, Enevate will be featured on the No. 28 Enevate / DHL Honda driven by Romain Grosjean for the May 1 race at the Honda Indy Grand Prix of Alabama at Barber Motorsport Park. The Andretti Autosport organization is one of the leaders in global EV racing, fielding two all-electric teams � Formula E and Extreme E. See the No. 28 Enevate / DHL Honda here:

Enevate Joins Andretti Autosport for Honda Indy Grand Prix of Alabama | Andretti Autosport

�We are excited to introduce Enevate to INDYCAR racing at Barber Motorsport Park,� Michael Andretti, Chairman and CEO of Andretti Autosport said. �Enevate is all about speed and evolving technology. As a team, we share and relate to that focus on track. We�re happy to take our commonalities and bring them together for the beginning of an exciting future.�

�Enevate is commercializing our Extreme Fast-Charge EV battery technology that�s all about high performance and recharging as quickly as you can refuel with gas,� said Enevate CEO Robert A. Rango. �As the INDYCAR SERIES looks towards a new era of hybrid engine technology in 2024, we couldn�t be prouder to partner with Andretti Autosport who are known for raising the bar and setting new standards of performance. We are excited to highlight the parallels between our fast-charging technology and the importance of fast, well-executed pit stops to win the race.�

Honda Indy Grand Prix Details

Racing fans can catch the No. 28 Enevate / DHL Honda car on track for the Honda Indy Grand Prix�s NTT INDYCAR SERIES at 12:40 p.m. local time, Sunday, May 1 with live coverage via NBC and Sirius XM Radio.

Additional viewing can be found via NBC�s Peacock and internationally via the INDYCAR Live! App. The 2.3-mile, 17-turn track plays host to Round 4 of INDYCAR and the series� first race of the 2022 championship on a closed road course.

ABOUT ENEVATE (www.enevate.com)

Enevate develops and licenses advanced battery technology for electric vehicles (EVs), with a vision of EVs charging as fast as refueling gas cars, accessible and affordable to everyone, and accelerating EVs� mass adoption. Boasting a portfolio of more than 500 patents issued and in process, Enevate�s pioneering advancements (including leveraging accelerated battery testing and machine learning) in silicon-dominant anodes and cells have resulted in battery technology that features five-minute extreme fast charging with high energy density, low-temperature operation for cold climates, low cost and safety advantages over conventional batteries.

Enevate's vision is to develop and propagate EV battery technology that contributes to a clean and sustainable environment. The Irvine, California-based company's investors include Renault-Nissan-Mitsubishi (Alliance Ventures), LG Chem, Samsung Venture Investment Corp, Fidelity Management & Research Company, Mission Ventures, Draper Fisher Jurvetson, Tsing Capital, Infinite Potential Technologies, Presidio Ventures � a Sumitomo Corporation company, Lenovo, CEC Capital, and Bangchak. Enevate�, the Enevate logo, HD-Energy�, and eBoost� are registered trademarks of Enevate Corporation.

Contacts

Media Contact:
Bill Blanning

[email protected]
+1 (714) 916-4309