Revolutionizing Electric Vehicles in Knoxville
In the heart of Knoxville, a tech company is on the brink of transforming the electric vehicle (EV) industry with a groundbreaking innovation that promises to enhance safety. Last week, Safire Technology Group, which was founded just three years ago, closed a funding round aimed at making electric cars safer than ever with their novel technology.
A Safe Bet for Electric Cars
Since first catching the eye of industry leaders, the Safe Impact Resistant Electrolyte, or SAFIRE, has demonstrated its potential to not only protect passengers in the event of an accident but also to possibly revolutionize the manufacturing process of lithium-ion batteries. Traditional lithium-ion batteries, while essential for powering electric vehicles, can present serious safety risks, including the possibility of catching fire during a crash or due to manufacturing defects. The technology developed at Oak Ridge National Laboratory, which has received commercial licensing for its innovation, could be a game-changer in mitigating these risks.
So, what makes SAFIRE stand out? This hybrid-state battery safety technology is the only one of its kind that transitions from a liquid to a solid upon impact. By being integrated into battery cells during the manufacturing phase, it doesn’t alter the battery’s core chemistry but adds an extra layer of safety that could potentially save lives.
Government Backing and Future Goals
Safire’s technology is not just catching the attention of car manufacturers—it has also found a foothold in contracts with the U.S. Department of Defense. They’re working on revolutionary technologies such as electric dirt bikes that can absorb heavy landings without igniting, lightweight body armor, and robotic dogs. However, the dream doesn’t stop there; the company’s ultimate aim is to penetrate the electric vehicle market and make cars safer for everyone.
By the middle of 2025, the company hopes to conduct tests of its SAFIRE electrolyte with various electric vehicle manufacturers. The potential benefits for automakers are clear as they stand to create vehicles that are not only safer during crashes but would also shed around 200 pounds—impressive considering this weight reduction would come from eliminating heavy metal barriers currently protecting battery cells.
More Than Just a Safety Feature
In addition to crash-related safety, Safire is also exploring methods to protect batteries from overheating incidents. These reactions, known as thermal runaway, may be rare compared to fires in traditional gas vehicles, but when they do occur, they can be more intense and challenging to control. Andrew Hanna, the chief product officer at Safire, expressed the company’s commitment, stating, “We think SAFIRE can be as ubiquitous in electric vehicles as airbags.”
“Our mission is around protecting lives, and that impact, you can’t really put a value on it,” he added, emphasizing that while EV fires are infrequent, when they do happen, they can lead to catastrophic outcomes.
Funding to Fuel Growth
The recent funding round, which brought in $8 million led by Canaan Partners, will allow Safire Technology Group to grow its team of scientists and engineers in Tennessee and fulfill its government contracts while advancing into the EV sector. Since the fundraise, they’ve expanded their team significantly, employing a dedicated group of 11 full-time staff, primarily based in Knoxville.
Although entering the EV market may take time—potentially several years before a car equipped with SAFIRE hits the road—the enthusiasm is palpable. John Lee, co-founder and CEO, commented, “We’re working every day knowing that we are building something and providing a solution that actually can help to protect lives.”
A Bright Future Ahead
As electric vehicle technology evolves, the concern for safety becomes even more vital. Safire is confident that their innovative electrolyte can make a significant impact in making electric cars safer and more reliable. By operating out of lab spaces at both Oak Ridge National Laboratory and the University of Tennessee Research Park, they are paving the way for a future where EVs are not only a sign of progress but also a safe choice for every driver.
