KeraCel, A World Leader in Solid-State Lithium Ion Batteries, Announced the Appointment Of Arwed Niestroj As Its Chief Operating Officer

SANTA CLARA, Calif., May 28, 2019 /PRNewswire-PRWeb/ -- Arwed Niestroj is a seasoned industry leader having developed and launched various new technologies into the automotive market. He led the development and introduction of hybrid electric components, fuel cell hybrid electric powertrains and electric vehicle motors for Mercedes-Benz. He built and led a Daimler- Bosch joint venture for electric motors and introduced new digital solutions to the Mercedes brand as the CEO of Mercedes-Benz R&D North America in Silicon Valley. Arwed is also a member of the Advisory Board of renu ventures.

"Mr. Niestroj's experience in electric vehicle ecosystem will be instrumental in getting KeraCel on the right track to disrupt the EV battery industry" said Robert Bagheri, Chairman and CEO of KeraCel. "Additionally, KeraCel will benefit from his leadership, deep experience in industrial product development for high volume manufacturing, his knowledge of electric vehicles and experience in innovation and startup ecosystem."

"I am thrilled to join KeraCel at this very important and exciting phase of the company," said Arwed Niestroj. "KeraCel is developing truly disruptive ceramic solid-state batteries using proprietary additive manufacturing 3D printing technology, resulting in a unique monolithic structure. This unique structure allows for greatly increasing battery's energy density, and producing non-flammable, longer lasting batteries at a reduced cost. A broad range of industrial and consumer applications will benefit from this major advancement on a global scale."

About KeraCel
KeraCel is bringing to market a next-generation advanced solid-state battery design and manufacturing method that will allow production of cells with ceramic-based electrolytes and lithium metal anodes to achieve energy densities 2-3 times greater, or at a cost of less than 50% when compared to Lithium Ion cells today for the same energy level. This 3D print manufacturing process will allow virtually any shape or size of cell to be built for a multitude of applications without changing equipment or tooling, directly under software control. http://www.keracel.com

SOURCE KeraCel