Swatch Announces To Make Batteries With Unmatched Storage Capacity

Posted: Feb 26 2015, 9:15am CST | by , in News | Technology News

Swatch announces to make Batteries with Unmatched Storage Capacity
Photo Credit: Getty Images

Don't Miss: This How to find Fingerlings in Stock

Swatch Group CEO Nick Hayek let out another bold statement after announcing a smartwatch a couple weeks ago. In a new interview published today he announces that he plans to produce batteries unmatched storage capacity.

Batteries are going to be a bigger business than ever with the advancement of electric cars. Now even the Swatch Group wants to get into that business. Swatch is not only making watches, the Swatch Group owns a variety of businesses. Swatch CEO Nick Hayek said in an interview with Swiss L'Hebdo that together with Mougahed Darwish, CEO of Belenos Clean Power he plans to make batteries unmatched storage capacity.

The new batteries are aimed to be used in electric cars. Just this week Samsung SDI announced an aquisition to bolster their car battery business and Tesla Motors is working on a giga factory for batteries. Now Swatch is entering the market as well.

Belenos Clean Power (site) is a clean energy focused company that was founded by late Nicolas G. Hayek back in 2008. In collaboration with the Federal Institute of Technology Zurich (ETH), Belenos Clean Power has developed a battery with electrical energy storage capacity is 50 to 100% higher than that existing today. The interview does not reveal any technical details on how this new battery technology works.

Belenos partners with Renata a Swiss battery maker to manufacture the new "revolutionary" battery. Nick Hajek estimates that the new Swatch batteries will be available on the market in three to four years. The Swatch Group and Renata are investing millions says Hayek.

A couple weeks ago Nick Hayek made big waves announcing the Swatch Smartwatch that would provide internet connectivity and "would not need to be charged." The Swatch Smartwatch is supposed to come around the same time the Apple Watch will be released.

Holiday Gift Guides and Deals

Get your Holiday gifting inspired by Best Toy Gifts with High STEM Value and the Top 10 toy gifts under $10 if you are on budget. The most popular Holiday 2017 toy list include Fingerlings, Crate Creatures and more. Don't miss the new Holiday deals on Amazon Devices, including $29.99 Fire tablet.

This story may contain affiliate links.

This free App Solves You Holiday Shopping Problem

Download the free Tracker app now to get in-stock alerts on Fingerling, Luvabella, SNES Classic and more.

Latest News


The Author

<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Luigi Lugmayr () is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at




comments powered by Disqus