Our Next Energy (ONE), the Michigan-based energy storage company, has signed an agreement with BMW Group. This is to incorporate ONE’s Gemini Dual-Chemistry battery technology into the BMW iX all-electric Sports Activity Vehicle that could deliver a range of 600 miles (966km)
ONE’s unique long-range Gemini technology reduces lithium use by 20 percent while reducing graphite use by 60 percent. This minimises the use of nickel and cobalt. In doing so, ONE is creating more sustainable energy storage technology that can significantly reduce environmental impact. The prototype vehicle is expected to be completed by the end of the year.
Mujeeb Ijaz, ONE CEO and founder, said: “We are thrilled to be working with BMW to demonstrate our Gemini long-range battery technology to consumers. As EV adoption grows, drivers are learning that real-world conditions can significantly reduce the performance of their batteries.
“Common situations like maintaining highway speeds, winter temperatures, climbing mountains, towing, or a combination of all four things present challenges to electric vehicles. We plan to pack twice as much energy into batteries, so EVs can easily handle long-distance driving in real-world conditions.”
This is great news for potential BMW iX electric vehicle (EV) drivers and will help to reduce range anxiety. The need for such a big range is probably not necessary for most but offers a huge advantage for those regularly doing long trips where infrastructure is scarce. What’s important here is the sustainability of the battery and minimising the use of rare materials.
Jürgen Hildinger, BMW Group New Technologies head of High Voltage Storage, said: “We are well-positioned to incorporate ONE’s IP into BMW’s SAV line. We are confident that given economic viability, this can lead to commercial opportunities and strategies to integrate ONE’s battery technologies into models of our future BEV product line-up.”
BMW i Ventures, the Silicon Valley-based venture capital arm of the automaker, is an investor in ONE and has recently led a $65M funding round.
Baris Guzel, partner at BMW i Ventures, said: “Our Next Energy is working to fundamentally reinvent the battery while focusing on sustainability, safety, and cost; three key factors which will help speed the development and adoption of battery electric vehicles.”
ONE’s mission to reimagine the battery aligns with the sustainability and cost objectives of automotive companies like BMW Group, helping solve the challenge of increasing the range of electric vehicles responsibly.