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Posted on February 9, 2021 by  & 
External Company Press Release

ION Energy Partners with Ray Electric Motors

ION Energy, US based leading provider of advanced electronics for electric vehicles and energy storage solutions, has entered into an agreement to supply battery management systems (BMS) to electric scooter startup, Ray Electric Motors.
Founded in 2019, the Barcelona based startup recently launched its first smart electric scooter, the RAY 7.7. The e-scooter is powered by a 10.7kW motor coupled to a 7.7kWh battery. The fixed high density lithium-ion battery promises to deliver a top speed of 125km/h and a range of up to 150km with fast charging support. Other highlights of the 7.7 include a multifunction TFT instrument console, in-built navigation, anti-theft alarm, and smartphone connectivity. Keeping in mind the metropolitan regions of Europe, RAY also offers a provision to switch between multiple driving modes - city, sport, Flow & reverse. The vehicle is also capable of OTA updates for continuous improvements, thanks to the smart VCU and BMS powering it. For further information see the IDTechEx report on Electric Two-wheelers 2021-2041.
For the BMS, Ray Electric Motors was on the lookout for a credible partner with a proven technology that's been tested and deployed in electric two-wheelers. Inherently, lithium-ion batteries are unstable and require dedicated management to prevent damage and degradation of the asset. Battery Management Systems (BMS), also known as the "brain" of the battery, are responsible for the efficiency, safety, and longevity of lithium-ion batteries. The primary role of the BMS is to ensure the battery operates within it's Safe Operating Area (or SOA) by continuously monitoring its current state and logging performance data in real-time. ION Energy's "smart" FS-LT BMS delivers on both safety and performance, making it the perfect system to manage the RAY 7.7
In addition to automotive-grade safety features, the FS-LT BMS is built with wireless smartphone connectivity and compatible with ION Energy's proprietary cloud-based analytics platform. The platform will allow Ray Electric Motors to send over-the-air (OTA) updates to its scooters, continuously improving the life and performance of the asset. In its first year, RAY will manufacture a limited set of 1000 vehicles and has plans to scale up to a minimum of 10000+ e-scooters by 2023. The company plans to target major metropolitan areas of Europe before expanding to the United States and other regions.
Started in 2016, ION Energy is a leading global provider of advanced electronics for electric vehicles. ION's flagship BMS technology has been deployed in over 60,000 electric vehicles in India & Europe. The company supplies its technology to 75+ customers spread across 15+ countries.
Commenting on the partnership, Akhil Aryan, CEO & Co-founder of ION Energy said, "We're excited to work with an innovative partner like RAY. Their smart electric scooter does not compromise on speed, power, range or design. We believe IONs smart BMS & cloud analytics solutions coupled to RAY's platform will offer exceptional experience to consumers in Europe and globally."
Íñigo Raventós Basagoiti, CEO & Co-founder of Ray Electric Motors said, "We searched for the best components and technology in the world for our electric scooter, which has been developed to fulfill the highest expectations of the premium urban mobility customer in large European metropolitan areas. ION Energy, with its smart BMS solution, has proven to be the perfect partner for us, and gives us the quality and scalability we need for our growth strategy."
Contact Information
ION Energy: Jeet Jhaveri, Chief of Staff -
Ray Electric Motors: Gorka Lozano, Chief Marketing Officer -
Ray Electric Motors
Ray Electric Motors designs, manufactures and distributes electric motorcycles from its factory in Barcelona. Their electric scooters are developed to offer a sustainable zero emissions mobility solution within large metropolitan areas in Europe. It's first model, the RAY 7.7 is being launched in 2021, and offers some of the highest performance numbers in its segment (L3e) with a top speed of 125 km/h and range of 150 km. Since its foundation, Ray Electric Motors has focused on the development of proprietary technological innovations such as its innovative battery pack design, or the height adjustable seat system, to offer the most comfortable user experience in urban mobility, with no compromise on performance. RAY believes that this is the last generation that could change things for the better, and the electrification of mobility in the world is a necessity.
ION Energy
ION is a technology platform building multiple ventures in the EVs & ESS space. Their platform blends embedded electronics and data analytics to improve the life and performance of lithium-ion batteries. Founded in 2016 by Akhil Aryan and Alexandre Collet, ION Energy's mission is to Accelerate Earth's transition to an all-electric future.
Battery Makers & OEMs worldwide use ION's platform to optimize their battery management systems (BMS) and build world-class batteries. ION is empowering organizations in SE Asia, North America, and Europe (Germany, France, UK, Poland, Austria, Spain), with the flexibility, independence, and autonomy to buy ready-to-deploy BMS platforms or build custom zero-downtime BMS models. For more information, visit ​​.
Akhil Aryan
CEO & Co-founder, ION Energy
Akhil is a serial entrepreneur whose ventures have taken him to San Francisco, New York, London, and now full circle back to his native Mumbai. Prior to founding ION, he built Haptik, one of the world's largest conversational AI platforms (acquired by Reliance Jio in a $100M transaction). Recognized by Forbes 30 under 30, Akhil is now the CEO & Co-founder of ION Energy.
Source: ION Energy
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