Ashley Willingham ’20


Operations Research and Financial Engineering

Project Title

Financial Modeling and Optimization for Electric Mobility Business

Presentation Link

View Ashley's Presentation

Certificate(s): Engineering and Management Systems, Statistics and Machine Learning

I created financial models for two projects related to the development of fast-recharging solutions for electric vehicles. For the first project, I developed a model for a commercial development program that uses component and operating expenditures to optimize costs, benefits and financial returns. I learned how to work with others outside of my field by collaborating with the mechanical and electrical engineering interns to understand their battery-pack design in order to create the model. For the second project, I worked on scaling a new chemistry of lithium-ion battery for production by conducting market research and a cost analysis. I also developed a model based off of the Battery Performance and Cost (BatPaC) model from Argonne National Laboratory. I learned about the materials science behind lithium-ion batteries and how battery chemistries affect performance. This internship increased my interest in alternative energy and electric vehicles, and it allowed me to experience working for a cutting-edge technology company.

Internship Year


Project Category

Alternative Energy


Lightening Energy-Picatinny Arsenal, Wharton, New Jersey


Eric Materniak ’14, Program Manager and Engineer, Lightening Energy