Phoenix, Arizona – January 29, 2018 – A trip to China for a young Mesa, Arizona-based businessman and the CTO of his tech accelerated company has resulted in a positive result with a high profile company.
Nicolas Cuevas, Executive Chairman of US-based Urbix Resources and the company’s Chief Technology Officer, Dr. Palash Gangopadhyay recently traveled to China to meet with representatives of BYD Co., the Chinese electric-vehicle maker backed by Warren Buffett’s Berkshire Hathaway Energy holding company.
Cuevas and Gangopadhyay made the trip to talk about Urbix’s proprietary High Voltage Electrolyte.
“We met with BYD to talk about how Urbix and BYD can work together to fully realize the superior nature of this technology, as well as the new marketing opportunities it will create,” says Cuevas. “BYD were terrific hosts and showed us some of their remarkable facilities.”
A few days after Cuevas and Gangopadhyay left China, Urbix and BYD signed a Memorandum of Understanding (MOU) outlining the basic terms under which the two companies will work together.
The Urbix Electrolyte will extend the mileage factor by two and the battery itself will stay charged twice as long. Cuevas says Urbix anticipates the battery will last 7000 cycles, a number much higher than industry standard.
The unique composition of this Electrolyte means it will be stable and non-flammable. “It’s a game-changer, and the industry is sitting up and paying attention,” says Cuevas. “No one out there has anything quite like our Electrolyte.”
Founded in 1995, BYD is a listed company on Hong Kong and Shenzhen Stock Exchanges. The company is principally engaged in the IT industry, mainly related to rechargeable battery business, handset and computer components and assembly services, as well as automobile business including traditional fuel-powered vehicles and new energy vehicles while actively developing other new energy products including solar farm, energy storage stations, electric vehicles, LED, electric forklift, and others. At present, BYD has nearly 180,000 employees.
About Urbix Resources:
Urbix Resources creates radical change in the way natural graphite is refined and commercialized, specializing in all aspects of the graphite value chain. It is a premier provider of refined graphite powders, pristine graphene, and specialty graphite products. Urbix’s advanced technology includes environmentally and cost conscious purification methods and significant intellectual property developments in a wide range of applications including proprietary li-ion battery cells, electrolyte, graphene products, cements, and other composites and energy storage materials. Urbix’s state-of-the-art laboratory is located in Mesa, Arizona with commercial milling operations outside Hermosillo, Sonora, Mexico.
Company Name: Urbix Resources
Contact Person: Linda Richards
Address:245 W. 2nd Street
State: AZ 85201
Country: United States