EV Engineering News

24M receives $3.8 million from USABC for fast charger development

24M has received $3.8 million in funding from the USABC (United States Advanced Battery Consortium).

The two-year project, which includes a 50% cost share, is planned to focus on the development of more affordable fast charging EV battery technology. 24M said it will create lithium-metal cells for electric mobility applications that can be charged to 80% in less than 15 minutes for under $75/kWh.

24M CEO Naoki Ota said: “The continued growth of the EV industry requires lower-cost, faster-charging batteries. 24M is uniquely positioned to meet this need because of the SemiSolid cell structure and manufacturing advantages.”

Source: 24M

Comment
Create Account. Already Registered? Log In

Virtual Conference on EV Engineering: Free to Attend

Don't miss our next Virtual Conference on April 15-18, 2024. Register for the free webinar sessions below and reserve your spot to watch them live or on-demand.

LOAD MORE SESSIONS

EV Engineering Webinars & Whitepapers

EV Tech Explained