GM acquires software startup to help maintain EV battery health
General Motors (GM) has acquired “substantially all the assets” of ALGOLiON Ltd, an Israel-based battery software startup, the company announced on Friday. The company’s technology helps detect irregularities in cell performance that will be used to maintain battery health in GM’s EVs.
GM aims to maintain EV battery health through software
Founded in 2014 by veteran battery experts Niles Fleischer, Ph.D., and Alex Nimberger, Ph.D., ALGOLiON has developed an early-warning battery hazard detection and prevention software called AlgoShield.
The software uses patented quantitative algorithms to identify minuscule changes in EV battery health weeks earlier than other methods without the additional hardware and sensors, as the company claims.
GM says the new tech will help bring an early EV battery hazard detection system for millions of GM customers worldwide.
The deal, worth an undisclosed amount, was led by GM’s newly formed Technology Acceleration and Commercialization (TAC) organization. The group looks for emerging tech that can support GM’s battery development.
Fleischer commented on GM’s acquisition of the company, saying:
The ALGOLiON team is excited to join GM on its track to an all-electric vehicle future. We found the right home for our technology to play an integral role in maintaining healthy batteries for exciting products and reach customers globally.
The news comes after a wave of announcements has surfaced over the past several weeks as automakers scramble to increase EV battery development and production, including GM, Stellantis Toyota, and more.
ALGOLiON employees will remain based in Israel while joining over 850 employees at the GM Technical Training Center in Herzliya, Israel. The team specializes in machine learning, software-defined vehicles, cybersecurity, and user-facing solutions for autonomous and electric vehicles.
GM revealed plans for its fourth EV battery plant earlier this month, a $3 billion facility in collaboration with Samsung SDI.
When all four plants are up and running at full speed, GM expects to have over 130 GWh of battery cell capacity. The battery cells will be used to power the automaker’s lineup of EVs based on its Ultium platform.
By the end of the year, GM is launching three new Ultium electric models, including the Silverado EV, Blazer EV, and Equinox EV.
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When the $7,500 Federal EV tax credit expired September 30th, a number of carmakers leaped into action, offering rebates, price cuts, and promos of their own in a bid to keep the good times rolling. Now, it seems like even Rolls-Royce is getting in on the act with a fresh $5,000 rebate of its own for November.
CarScoops is reporting a rare lease incentive offering on the ultra-luxe Rolls-Royce Spectre electric coupe that it says, “replaces the expired $7,500 Federal EV tax credit.”
Granted, with the price of the base Spectre starting at $397,750 and climbing quickly to $467,750 for the Spectre Black Badge model, the big coupe is well above the old $80K cap and its buyers likely make far too much to qualify anyway — but if there’s one thing I’ve learned from my few brushes with Real Wealth™, it’s this: those hate paying taxes.
As such, it’s not that hard to imagine a Rolls-Royce salesperson explaining this in those terms. “This isn’t a discount or a sale or anything so gaudy,” he’d explain, dismissing any concern as petty as price. “We’re simply honoring the tax credit that you deserve.”
Rolling deep
The Rolls-Royce Spectre first rolled (Ha!) into showrooms in 2023 with a perfect sufficient 430 kW (577 hp) electric motor drawing energy from a stout, 120 kWh battery pack good for up to 265 miles (~425 km) of range. The Black Badge version bumps the horsepower to 650 (485 kW), but the purists will tell you that either number is enough.
You can find out more about Rolls-Royce’ EV leas deals, below, then let us know what you think about this sordid business of “discount dash” in the comments section at the bottom of the page.
SOURCE: CarScoops; images via Rolls-Royce.
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Germany is about to become home to Europe’s largest battery storage system – a massive 1 gigawatt (GW) / 4 gigawatt-hour (GWh) project in Jänschwalde, Brandenburg.
LEAG Clean Power GmbH and Fluence Energy GmbH, a subsidiary of US-based Fluence Energy (NASDAQ: FLNC), are teaming up to build the “GigaBattery Jänschwalde 1000.” The four-hour system will use Fluence’s Smartstack technology, its latest large-scale energy storage solution.
Once complete, Europe’s largest battery storage project will play a key role in stabilizing Germany’s grid and storing renewable power for when the sun isn’t shining and the wind isn’t blowing. It’s designed to deliver essential grid services, support energy trading, and boost energy security as the country phases out fossil fuels.
LEAG’s broader “GigawattFactory” plan combines solar and wind farms with flexible power plants and large-scale batteries across Germany’s Lusatian energy region. “By constructing gigascale storage facilities, we’re addressing one of the biggest challenges of the energy transition: ensuring constant power regardless of the availability of renewable energies,” said Adi Roesch, CEO of the LEAG Group.
Fluence CEO Julian Nebreda described the project as a “milestone for the energy future of Germany and Europe,” adding that it demonstrates how collaboration and cutting-edge technology can “transform the foundation of our economy and our everyday lives.”
The German government recently reaffirmed the importance of storage in building a secure and affordable clean power system. With this 4 GWh giant, LEAG and Fluence are implementing that priority in one of Europe’s most coal-heavy regions.
Read more: Battery boom: 5.6 GW of US energy storage added in Q2
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