General Motors boosts EV battery technology with ALGOLiON acquisition

General Motors boosts EV battery technology with ALGOLiON acquisition

General Motors (GM) made a significant move in the electric vehicle (EV) sector, announcing today its acquisition of most of the assets of ALGOLiON, a battery software startup based in Israel. The specifics of the transaction, including the acquisition amount, were not disclosed. The acquisition was facilitated by General Motors’ Technology Acceleration and Commercialization (TAC) […]