Charged EVs | OneD raises $25 million in Collection C funds, enters R&D settlement with GM


GM and OneD Battery Sciences will cooperate to analysis the doable use of OneD’s silicon nanotechnology in GM’s Ultium cells.

In the meantime, OneD has raised $25 million in Collection C funding from buyers together with GM Ventures and Volta Vitality Applied sciences.

“Given a licensing enterprise mannequin and low operational prices, Collection C funds can be used to proceed SINANODE analysis and growth, whereas advancing pilot manufacturing and offering OEMs and battery producers a seamless integration into the manufacturing of EV batteries by way of licensed manufacturing companions,” says GM.

OneD’s SINANODE platform contains know-how that places extra silicon into anodes by fusing silicon nanowires into graphite.

“We consider that the winners of the EV race can be those that can successfully add extra silicon to the battery cell, in a means that doesn’t disrupt present provide chains and processes,” says OneD Battery Sciences CEO Vincent Pluvinage.

“GM designed Ultium to be a supremely versatile platform so we will constantly enhance our cells as battery know-how advances,” says President of GM Ventures Kent Helfrich. “Our collaboration with OneD will concentrate on efforts to proceed developments in EV vary, efficiency and value.”

GM says it’s aiming for a manufacturing capability of 1 million Ultium items in North America by 2025. The automaker is at present constructing two Ultium cell vegetation within the US and has plans for one more within the works.

Supply: GM


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