BMW to Test a New Battery in the iX Electric SUV Developed By Michigan Startup Our Next Energy Inc. That Can Deliver 600 Miles of Range

​Automaker BMW will test out a new battery designed by Novi, Michigan-based EV battery startup Our Next Energy Inc. (“ONE”) that could deliver up to 600 miles of range on a full charge. ONE's advanced battery is dubbed the “Gemini”. It reduces lithium content by 20%, graphite by 60% and minimizes the use of nickel and cobalt. The Gemini battery also includes a proprietary energy management system.

Eric Walz2022-10-30 10:18 PT

BMW i Ventures Invests in Michigan-based EV Battery Startup ‘Our Next Energy Inc.’

​BMW i Ventures, the Silicon Valley-based venture capital arm of automaker BMW, announced an investment in Michigan-based battery startup Our Next Energy Inc. (“ONE”). The company is working to develop lower cost and longer range batteries for electric vehicles. The investment from BMW i Ventures was part of a $25 million Series A capital raise led by Breakthrough Energy Ventures, a venture capital firm founded by Bill Gates.

Eric Walz2021-11-24 07:30 PT