Pioneers in Energy: Meet the startup ELEO
As a solution to the nitrogen crisis, affecting thousands of construction and infrastructure projects, startup ELEO | Modular Battery Solutions at the AutomotiveCampus develops advanced battery systems for machines in construction and logistics. Current machines often emit CO2 and Bas Verkaik wants to change that with a modular battery system. From Technische Universiteit Eindhoven student team Storm, he started spin-off SPIKE with two fellow students, which has recently been renamed ELEO. The company launched the first battery systems on the market in 2020 and now wants to expand to all of Europe. With a multi-million investment from the Lumipol Group, the company is ready to become a leading European manufacturer of advanced battery systems.
