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

The Problem

The Problem

Why Estes exists.

Conventional solutions worked for passenger cars, light commercial, and on-highway. The engineers who built those platforms understood early where the curve would flatten: rail, marine, aviation, and off-highway all had requirements that existing pack designs weren't built to meet.

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

The answer.

It wasn't a different cell. It was a different platform entirely, one that would have to be invented, not assembled. Magnus delivers 225 Wh/kg from a platform designed for the sectors conventional packs were never built to serve.

We Are Makers

We Are Makers

Conventional solutions worked: passenger cars, light commercial, on-highway medium duty. The engineers who built those platforms also understood early, from inside the programs, where the curve would flatten.

Rail never had a platform dense enough to break its infrastructure dependency. Marine demanded duty cycles the viable fleet couldn’t sustain. Aviation’s mass math didn’t close.

The founding team.

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Dustin Grace

Dustin Grace

CEO & Co-Founder

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Tolga Yildiz

Tolga Yildiz

Partnerships & Co-Founder

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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 Grace spent nearly a decade at Tesla (2006–2015) and has extensive experience electrifying commercial transportation, leading teams that built factories and scaled production lines across off-highway, on-highway, bus, and passenger car sectors. He witnessed firsthand the limitations of conventional battery pack architecture in real-world programs and co-founded Estes Energy in April 2024 to address them.

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Tolga Yildiz

Tolga Yildiz

Partnerships & Co-Founder

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Tolga Yildiz

Partnerships & Co-Founder

Tolga Yildiz previously served on the Proterra Powered team, where he was involved in scaling electrification platforms and was part of the team responsible for the largest deployment of electric school buses in the US. He leverages his background in corporate strategy from Cummins Inc. and his deep domain expertise to build named OEM partnership relationships for Estes Energy.

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David Lai

David Lai

Chief Engineer & Co-Founder

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David Lai

Chief Engineer & Co-Founder

David Lai brings his massive experience from companies like Tesla to his role as Chief Engineer. His work scaling production lines across off-highway, on-highway, bus, and passenger car segments informs the architectural rigor of the Magnus platform.

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Çağkan Yildiz

Çağkan Yildiz

CTO & Co-Founder

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Çağkan Yildiz

CTO & Co-Founder

As CTO, Çağkan Yildiz is an expert in the engineering challenges of electrifying commercial transportation sectors, drawing on experience from Sila. He previously worked on developing and scaling complex vehicle platforms, which directly contributed to Estes’ ability to invent new production processes like Thixomolding and the Levius coating process.

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Josh Engel

Josh Engel

General Counsel

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Josh Engel

General Counsel

Josh Engel provides legal counsel to Estes, drawing on experience from companies that pioneered the EV revolution. His background is in developing the systems required to scale production lines for off-highway, on-highway, and passenger car platforms. He is critical to establishing Estes’ domestic sovereignty principles for materials, processes, and manufacturing.

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Our Values

Our Values

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Mission

To build the step change North American electrification needs: a new material, a new platform, a new manufacturing model, invented and made here.

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

Three principles. People first, solutions engineered from first principles, and everything made in the US. Raw material in, product out, here.

Magnesium alloy structural component sample

Our Investors

Our Investors

Backed by:

Backed by:

Investors with deep roots in industrial energy, advanced manufacturing, and the mobility transition.

Investors with deep roots in industrial energy, advanced manufacturing, and the mobility transition.

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?