ONE closes funding round with $300 million
US battery startup Our Next Energy (ONE), backed by BMW, among others, has closed a $300 million funding round. The Series B funding round resulted in a company value of over $1 billion.
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Bollinger to fit commercial vehicles with ONE batteries
Bollinger Motors has contracted Our Next Energy (ONE) to supply battery packs for its commercial vehicle platforms. The US battery start-up’s Aries packs with LFP chemistry will be installed in Bollinger’s electric vehicles at the anticipated start of production in late 2023.
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Our Next Energy details plans for Michigan battery plant
The battery startup Our Next Energy (ONE), backed by BMW, has confirmed Michigan as the location for its first US facility, following earlier news on state funding. Now ONE adds the missing details.
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Michigan to fund new battery plants in the state
Michigan is about to approve $400 million in incentives to help companies build battery factories worth $4 billion in the state. Preliminary funding approvals confirm earlier rumours of VW partner Gotion High Tech planning to manufacture in the (former) centre of the US car industry. There are also implications for BMW.
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Our Next Energy presents 240-Ah cell with high energy density
The US battery start-up Our Next Energy (ONE), which is supported by BMW, has presented a large-format prismatic “anode-free” 240 Ah cell with an energy density of 1,007 Wh/l. This cell can also be manufactured much more cheaply. In addition, this cell is said to be significantly cheaper to manufacture.
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ONE and BMW announce iX planned with almost 1,000 km range
US battery start-up Our Next Energy (ONE) has signed an agreement with BMW to integrate its Gemini battery technology into a BMW iX. The vehicle prototype is to be completed by the end of this year – and will then be able to drive 600 miles or 965 kilometres on one charge.
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Motive using LFP batteries from ONE in commercial vehicles
In the USA, Motiv Power Systems is partnering with Our Next Energy (ONE) for battery technology for Motiv’s 6th generation all-electric vehicles. The vans, trucks and buses based on the new platform are currently being tested and will launch in early 2023.
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O.N.E. to build its own battery factory in the USA
US battery start-up Our Next Energy (ONE) has raised further capital and plans to build a battery factory. ONE’s €58.6 million new funding round is led by BMW i Ventures.
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Battery startup improves Model S range to 1,200 km
The US battery start-up Our Next Energy (ONE) has installed a prototype of its Gemini battery pack in a Tesla Model S and, according to its own figures, achieved a range of 752 miles, or around 1,200 kilometres.
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BMW invests in US battery manufacturer Our Next Energy
The US battery start-up Our Next Energy (ONE) has raised around 25 million US dollars (around 21.5 million euros) in a Series A financing round. BMW is one of the investors. ONE is currently working on a so-called dual battery.
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