- General Motors Co GM partners with an EV battery technology company, OneD Battery Science For a joint research development agreement.
- GM Ventures also participated in OneD’s Series C funding round, which recently closed at $25 million.
- The parties will seek engagement OneD’s silicon nanotechnology in GM’s Ultium battery cells to drive an increase in energy density for longer range and lower costs.
- The focus will be on OneD’s SINANODE platform, which adds more silicon to anode battery cells by melting silicon nanowires into EV-grade graphite.
- Silicon can store 10 times more energy than graphite.
- also read: GM ramps up electrification push with $760 million investment in Ohio plant
- “GM designed Ultium to be a highly flexible platform so that we can continually improve our cells as battery technology advances,” said Chief Technology Officer Kent Helfrich.
- The company is scaling its Ultium EV platform to achieve annual EV production capacity of 1 million units in North America by 2025.
- Related: GM Invests in Battery Recycling Company Lithion – What’s Next?
- Price promotion: GM shares are trading down 5.53% at $33.30 on the last check Thursday.
- Photo via company
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