Tag: Batteries

EU demands return of replaceable smartphone batteries
News

EU demands return of replaceable smartphone batteries

The European Union has passed new regulations that will require smartphone manufacturers to design devices with user-replaceable batteries, signaling a potential comeback for smartphones with this feature. Once the law is signed off by the European Council and Parliament, it will take effect in early 2027. The regulations aim to address the environmental impact of […]

Our Next Energy (ONE) CEO Mujeeb Ijaz stands next to Aries lithium iron phosphate battery packs waiting to undergo testing at ONE's headquarters in Novi, Michigan, U.S., April 25, 2022. REUTERS/ Rebecca Cook
Business

US EV battery startup ONE’s valuation hits $1.2bn

Our Next Energy, a US-based maker of batteries for electric vehicles, reported that it closed a $300 million Series B funding on Wednesday. This round takes the valuation of the startup that is three years old to $1.2 billion. Our Next Energy is now among the most valuable privately held battery companies in the country […]