Before the boom, through it and beyond. Two decades of building the industry. Magnus is next.

Before the boom, through it and beyond. Two decades of building the industry. Magnus is next.

Raw magnesium in. Finished battery platform out. Every step happens on US soil, through processes Estes invented. Magnus qualifies from the ground up for Buy America requirements, DoW non-FEoC mandates, and supply chain resilience standards.

Magnesium alloy battery component render

Why Estes Exists

Why Estes Exists

The Problem.

Conventional battery packs worked for passenger cars. The engineers who built those platforms understood early on that the energy density curve using conventional design would hit a ceiling, and would never unlock the market for electrified marine, aviation, rail, construction, mining, and on and off highway commercial vehicles - their requirements and economics demand a new class of energy density and cost.

Photograph of magnesium alloy structural component
Photograph of magnesium alloy structural component

The answer.

The industry can't wait for a better cell. It needs an entirely new battery pack platform. The Magnus battery platform delivers 225 Wh/kg today, and is designed to unlock markets that conventional packs cannot serve.

We Are Makers

We Are Makers

In the 2000s, Estes engineers built the first passenger car batteries. In the 2010s, Estes engineers built world class R&D centers and gigafactories. Now, Estes engineers have designed an entirely new platform to drive the era of electrification.

One platform that can free rail from dependency on costly infrastructure; one platform dense enough to deliver the range that’s kept maritime tied to diesel; one platform light enough to make the math solve for electric aviation.

The founding team.

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Dustin Grace

Dustin Grace

CEO & Co-Founder

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Tolga Yildiz

Tolga Yildiz

Partnerships

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David Lai

David Lai

Chief Engineer & Co-Founder

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Çağkan Yildiz

Çağkan Yildiz

CTO & Co-Founder

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Josh Engel

Josh Engel

General Counsel

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The founding team.

Dustin Grace

Dustin Grace

CEO & Co-Founder

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Dustin Grace

CEO & Co-Founder

Dustin spent nearly a decade at Tesla, from the original Roadster through Model 3, pioneering EV technology from its beginning. He then spent nearly another decade developing and manufacturing battery technology for the commercial vehicle sector, standing up three U.S. factories and scaling a global battery pack business from scratch. Conventional battery pack architecture has long struggled to meet the weight, cost, and manufacturing-scale demands of electrification at true scale. Dustin founded Estes in April 2024 to solve that problem at the materials level, with a giga-scale magnesium platform built to supersede the architectures the industry has relied on for over two decades.

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Tolga Yildiz

Tolga Yildiz

Partnerships

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Tolga Yildiz

Partnerships

Tolga is an expert commercial problem solver in the electromobility sector, with over 15 years of experience in vehicle electrification, commercial strategy, and business development. As the Head of Partnerships at Estes, a North American EV technology provider specializing in third-generation battery systems for commercial vehicles, Tolga plays a pivotal role in advancing the company’s mission to deliver innovative, energy-efficient vehicle electrification solutions.

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David Lai

David Lai

Chief Engineer & Co-Founder

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David Lai

Chief Engineer & Co-Founder

David is a leader in battery engineering with over 13 years of experience in the electric vehicle and energy storage industries. Known for his contributions to groundbreaking EV technologies, advanced battery systems, and technical leadership, David holds both a Bachelor’s and Master’s degree in Mechanical Engineering from the Georgia Institute of Technology.

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Çağkan Yildiz

Çağkan Yildiz

CTO & Co-Founder

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Çağkan Yildiz

CTO & Co-Founder

Çağkan is a trusted engineer and technical leader with over 15 years of experience, forged in the crucible of innovation in battery systems and manufacturing for the automotive and energy sectors. His career has been one long adventure of turning complex challenges into cleaner, more efficient solutions for commercial vehicles.

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Josh Engel

Josh Engel

General Counsel

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Josh Engel

General Counsel

Josh has been providing legal counsel to innovative, forward-thinking, technology companies for over 25 years. Known as a trusted business partner and proven leader, Josh collaborates across the organization, providing pragmatic legal advice and practical business guidance, creatively solving complex problems, all while mitigating business and legal risk.

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Our Values

Our Values

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Mission

To build the step change in energy density needed to truly unleash mass adoption of electrification: a new material, a new platform, a new manufacturing model, developed and made here in the USA.

Rendering of the MgCarbonit structural battery component
Rendering of the MgCarbonit structural battery component
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Vision

To become the leading American materials and systems company, bringing first principles engineering to automotive scale across the industries that power our world.

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Founding Principles

Only three. People first, solutions engineered from first principles, and everything made in the USA.

Magnesium alloy structural component sample

Our Investors

Our Investors

Backed by:

Backed by:

Two decades in. Just getting started.

Built for the sectors still waiting for electrification to work. Is yours one of them?

Two decades in. Just getting started.

Built for the sectors still waiting for electrification to work. Is yours one of them?

Two decades in. Just getting started.

Built for the sectors still waiting for electrification to work. Is yours one of them?

Frequently asked questions.

Can't find the answer you're looking for? We're here to help.

Who founded Estes?

Estes was founded in April 2024 by engineers who have built battery factories and electrified vehicles across multiple transportation modes – passenger car, on-highway (medium and heavy duty trucks, transit and coach buses) and off-highway (port equipment and construction equipment). The founding team is comprised of Dustin Grace (CEO, formerly Tesla), David Lai (Chief Engineer, formerly Tesla), Çağkan Yildiz (CTO, formerly Sila), and Tolga Yildiz (Head of Partnerships, formerly Cummins).

What is the Estes founding team's background?

Where is Estes based?

What makes Estes a manufacturer rather than an assembler?

Why does domestic manufacturing matter for Estes customers?