GM acquires battery software startup in quest to become EV battery leader


Connected Car

ARTICLE SOURCE

Share This:General Motors (GM) says it has acquired a battery software startup company as part of a larger effort to identify opportunities to help it become an electric vehicle (EV) battery development leader. ALGOLiON, founded in 2014, has “developed sophisticated software that uses data streams from EV Battery management systems to help identify anomalies in cell performance,” GM said in a press release. The automaker did not share terms of the acquisition, including how much it paid for the Israel-based startup, but said all of ALOGLiON’s 850 employees will be transferred to the GM Technical Center in Herzliya, Israel. GM is among a number of automakers ramping up efforts to both secure EV battery supplies and improve the quality or longevity of their batteries. Stellanis is building EV battery plants in Kokomo, Indiana, and Ontario, Canada, and is expected to open another in France by the end of the year.