The logo for Our Next Energy (ONE) is seen outside the company's headquarters in Novi, Michigan, U.S., April 25, 2022. Photo taken April 25, 2022. REUTERS/ Rebecca Cook/File Photo
(Reuters) - Michigan-based startup Our Next Energy has unveiled a new anode-free battery pack designed to slash cell cost as much as 50% while delivering up to 600 miles (965 km) of driving range, the company said Tuesday.
The young company hopes to begin producing its Gemini pack at a new 20-gigawatt-hour U.S. manufacturing plant in 2026, founder and Chief Executive Mujeeb Ijaz said in an interview.
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