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DETROIT/REHOVOT, 3 July 2023: General Motors (GM) announced that it has acquired ALGOLiON, an Israel-based battery software startup. The acquisition is part of former’s ongoing efforts to accelerate the development of battery safety software and improve the performance and reliability of its electric vehicles (EVs).
ALGOLiON Software Detects Anomalies
ALGOLiON’s software uses data streams from EV battery management systems to help identify anomalies in cell performance that could lead to battery hazards, such as thermal runaway propagation events. The software can also be used to predict battery health and performance weeks earlier than other methods in use today.
“ALGOLiON has developed cutting-edge battery analytics and prediction software that will help General Motors deliver great performing EVs for our customers,” said Gil Golan, vice president of GM’s Technology Acceleration and Commercialization (TAC) organization. “The ALGOLiON team is excited to join GM on our track to an all-electric vehicle future.”
The acquisition of ALGOLiON is the latest in a series of investments and partnerships that GM has made in battery technology. In 2021, GM invested USD 2bn in battery cell manufacturing in the United States. The company has also partnered with battery suppliers such as LG Chem Ltd and CATL to develop next-generation battery technologies.
GM’s goal is to have an all-electric lineup by 2035. The company believes that battery safety software is essential to the success of EVs, and the acquisition of ALGOLiON is a major step forward in achieving that goal.
Key Highlights
- GM has acquired ALGOLiON, an Israel-based battery software startup.
- ALGOLiON’s software uses data streams from EV battery management systems to help identify anomalies in cell performance that could lead to battery hazards.
- The software can also be used to predict battery health and performance weeks earlier than other methods in use today.
- The acquisition of ALGOLiON is part of GM’s ongoing efforts to accelerate the development of battery safety software and improve the performance and reliability of its EVs.
- GM’s goal is to have an all-electric lineup by 2035.
- The company believes that battery safety software is essential to the success of EVs.
