GM acquires more smarts for EV battery health

GM electric pickup silhouette  -  from 2020 Ultium platform previewGeneral Motors has acquired Israel-based battery startup ALGOLiON for an undisclosed amount, with the aim of developing new ways to track EV battery health. ALGOLiON has developed software that uses data from EV battery management systems to help identify anomalies in individual cells, which could provide early detection of thermal runaway events...

Mazda looking to Panasonic for cylindrical EV batteries

2024 Mazda CX-90Mazda has begun discussions with Panasonic for supply of cylindrical battery cells for future EVs, the two companies announced Wednesday. The goal of the discussions is to hammer out an agreement for Panasonic to supply cells from factories in Japan and North America for use by Mazda in EVs "scheduled to be launched in the latter half of the 2020...

Ford and SK On get $9.2B government loan for battery plant

BlueOvalSK Battery Park  -  rendering, September 2021Ford and SK On will receive a $9.2 billion government loan for their BlueOval SK battery joint venture, according to a report Thursday from The New York Times. The Department of Energy loan—the largest so far by the Biden administration related to EV manufacturing—will help finance construction of battery plants in Kentucky and...