A startup’s technology takes aim at lithium-ion batteries’ fire problem
The Star Online - Tech·2024-03-01 19:03
A battery startup has raised US$20mil (RM94.80mil) in Series A financing, which it will use to scale its proprietary technology that has the potential to address one of the industry’s biggest issues: fire risk.
Lithium-ion batteries power everything from electric vehicles to cellphones. But concerns around battery safety have hindered the growth of the EV market in some regions and thrown a wrench into the grid’s clean energy transition.
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