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22Kymco iFlow’s Ionex Battery Technology Explained
- Published June 13, 2019
- Views : 1333
- 2 min read
The iFlow introduces the concept of swappable battery technology in India
22Kymco has shown big promise by entering the Indian two-wheeler segment with two ICE scooters, the Like 200 and the X-Town 300i ABS, and the iFlow, a jointly-developed e-scooter by 22Motors and Kymco based on the Flow. Of all the unique bits about the iFlow, Kymco’s patented swappable battery technology platform called Ionex is what stands out the most. The solution is quite simple and will be one of the biggest solutions for solving the issue of range anxiety.
What exactly is Ionex? Kymco debuted the swappable battery technology at the 2018 Tokyo Motor Show with the Nice EV and Many EV. The scooters had two types of batteries, a fixed core battery and removable battery units. Even if the core depletes, it can charge itself by draining the juice from the removable units. Each one of the swappable Ionex batteries weigh 5kg as Kymco wants other electric players to also adopt them and get rid of worrying about battery problems.
However, the iFlow does not adopt the above wholly. It does have the…
iFlow Is An Electric Scooter By 22Kymco That Lets You Swap A Depleted Battery For A New One
The growing trend of collaborations in the automobile industry has resulted in yet another electric vehicle for the Indian market. This time, it is Kymco and 22 Motors that have joined hands to launch the iFlow electric scooter in India at a price of Rs 90,000 (on-road). The interesting bit? The electric scooter comes with swappable batteries.
First seen at the Auto Expo last year, the iFlow is a retro-design two-wheeler loaded with modern features, including a digital instrument console, Bluetooth and Cloud connectivity and even geo-fencing for accessing the electric scooter remotely.
The iFlow is powered by Kymco’s IONEX battery technology - an aftermath of the 25 percent stakes that Kymco bought in 22 Motors back in October last year. The technology results in swappable batteries, weighing 5 kg each and capable of charging to their full capacity within an hour, as per the company. Up to two of such batteries can be used for an iFlow electric scooter, extending the range of the scooter to a total of 160 km. Regenerative braking employed in the vehicle also helps in extending this range.
22Kymco iFlow. (Image: 22 Motors)
Also read: Yamaha's New Electric Scooter Has A Feature That Makes…
BNY Expands iFlow’s Fixed Income and Equities Insights
The Bank of New York Mellon Corporation, a global financial services company, announced the expansion of its iFlow1 product offering, with more extensive fixed income and equity data analytics. iFlow provides a unique vantage point of insights into BNY’s more than $50 trillion in assets2 under custody and/or administration, revealing global asset allocation trends and market-moving reactions, to investment managers and asset owners.
With this expanded capability, BNY’s iFlow will now be able to generate on-demand charts for shorts, holdings, and positioning, complementing existing flow views. This allows for clearer definitions of rotation trade equity, credit, and duration in bonds and, ultimately supports improved benchmark definitions and portfolio construction.
iFlow will now provide the following fixed income and equity insights:
· iFlow Shorts: aggregates short interest metrics that capture borrowing and lending behavior, aiding portfolio managers in making portfolio construction decisions.
· iFlow Holdings: reflects investor exposure to stock and bond markets, showing an aggregated view into how investors have allocated capital across country, sector, credit rating and maturity.
· iFlow Positioning: measures investment preferences based on aggregated investor holdings, showing capital deployment across countries and sectors, compared to other asset classes and benchmarks.
The new indicators are…