Auto provider Piston Team mentioned it will manufacture batteries for electrical automobiles for electrical power storage technologies startup Our Future Energy Inc., or 1.
Piston Group reported it options to develop ONE’s Aries battery packs, which make the most of lithium iron phosphate chemistry to “enhance array and minimize expense while doing away with nickel and cobalt source chain and basic safety concerns.”
Piston Automotive, a subsidiary of Piston Group, will create the batteries at a factory in Van Buren Township, Mich., about 25 miles west of downtown Detroit. Creation is envisioned to begin late this yr.
“Our determination to growth and item expansion above the earlier ten years with other EV marketplace primary companions has been a crucial basis to our good results,” Piston Automotive President Bob Holloway said in a assertion. “Piston Automotive’s know-how in battery assembly course of action design, tests and services, merged with ONE’s modern battery pack structure, is an remarkable option and a excellent suit for our extensive-time period method.”
The offer is a milestone for One particular, founded by field veteran and 2021 Automotive News All-Star Mujeeb Ijaz in suburban Detroit in 2020. The Aries will be the first of its products mass-produced for the EV sector.
In accordance to One, the Aries battery has 79 kilowatt-hrs of vitality, with peak electric power of 120 kilowatts. The firms did not disclose the shoppers for the batteries.