3 May 2024
DG Innovate
plc
("DG
Innovate", "DGI" or the "Company")
Appointment of ex-Tesla
electric motor design engineer on consultancy
basis
DG Innovate (LSE: DGI), the advanced
research and development company developing
pioneering solutions in sustainable mobility and energy
storage, is pleased to announce that
ex-Tesla electric motor design engineer Pierre Pellerey is joining
the Company as a consultant. Pierre holds a PhD in electrical and
mechanical engineering and has over 15 years' experience in the
design, optimisation and testing of electric motors and drive
systems through to production.
His motor designs are in more than 3
million electric vehicles, 10 million home appliances and 100,000
micro-mobility solutions. Pierre was instrumental in the design of
the Tesla Model 3, Model Y, Model S Plaid and Semi motors. He also
played a key part in the design of the V10 motor design during a
three year tenure with Dyson.
The Company believes the addition of
Pierre will significantly enhance its technical capabilities as it
continues apace with the development of its Pareta® e-drives,
including for the proposed Indian joint venture with EVage Motors,
for which a Memorandum of Understanding (MoU) was recently
announced.
Commenting, Peter Bardenfleth-Hansen, CEO of DG Innovate,
said: "I am delighted to have
another former Tesla colleague onboard. Pierre's motor designs have
helped revolutionise the industry and with the addition of his
skill set, we believe DGI will be able to deliver on start of
production of our Pareta® electric drives on an accelerated
timescale."
For
further information please contact:
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DG
Innovate plc
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C/O IFC
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Peter Bardenfleth- Hansen
(CEO)
Jack Allardyce (CFO)
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IFC
Advisory (Investor Relations)
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020 3934 6630
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Tim Metcalfe
Zach Cohen
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FGS
Global (Public Relations)
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020 7251 3801
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Rollo Head
Gordon Simpson
Alessandro M Rubin
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Grant Thornton UK LLP (Financial Adviser)
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020 7383 5100
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Samantha Harrison
Jamie Barklem
Ciara Donnelly
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Cavendish Capital Markets Limited (Corporate
Broker)
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020 7220 0500
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Adrian Hadden / George Lawson
(Corporate Finance)
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About DG Innovate
DG Innovate is an advanced research and development company pioneering
sustainable and environmentally considerate improvements to
electric mobility and storage, using abundant materials and the
best engineering and scientific practices. DG Innovate is currently
developing its products alongside a number of major manufacturers
across the transportation and energy sectors, research institutions
and the UK Government, and has filed numerous patents worldwide. DG
Innovate's current research and development activities are broadly
split into two areas, focusing on novel electric motor technologies
and energy storage solutions. Its two main products
are:
- Enhanced Drive Technology (EDT) -
High efficiency, cost-effective electric motors + power
electronics; and
- Enhanced Battery Technology (EBT)
- Sodium-ion batteries offering a sustainable energy storage
solution at similar/greater energy density to incumbent
technologies at a lower cost, increased safety with lower
environmental footprint.
Further information may be found
at: https://www.dgiplc.com