Tag: Our Next Energy

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 […]