Home Automotive GM acquires battery software startup ALGOLiON

GM acquires battery software startup ALGOLiON

by TodayDigitNews@gmail.com
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General Motors has announced that it has acquired Israel-based battery software startup ALGOLiON Ltd. The acquisition could help General Motors develop batteries for its all-electric vehicle production.

“ALGOLiON was founded by Dr. Niles Fleischer and Dr. Alex Nimberger in 2014 with initial support from the Israel Innovation Agency. We have developed advanced software that helps identify, ensure proper vehicle health management, and detect battery hazards early, including thermal runaway propagation events,” GM said of the company.

General Motors also shared that ALGOLiON’s software uses advanced algorithms to detect changes that could affect battery health. The Israel-based company’s software can detect changes affecting battery health weeks earlier than other methods.

In 2020, General Motors claimed that its new battery would match or surpass Tesla’s battery technology. The traditional automaker has worked hard to develop a clean and affordable supply chain for battery production. It has also invested heavily in battery development.

In May 2023, General Motors and POSCO Chemical’s battery materials facility in Becancourt, Canada received over $220 million in funding. GM and POSCO plan to produce cathode active material (CAM) for Altium batteries at the Becancourt facility. General Motors also plans to produce batteries in the US through a $3 billion joint investment with Samsung SDI.

GM doesn’t stop at making batteries and processing raw materials for cells. General Motors also signed contracts to supply critical battery materials from mines in Brazil and Australia.

The Teslarati team welcomes your feedback.if you have any tips please contact me maria@teslarati.com or via Twitter @Writer_01001101.

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